Net-Leased Pizza & Brewing
12362 Chapman Ave Garden Grove, CA 92840
12362 Chapman Ave, Garden Grove, CA, 92840
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For Sale
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Single-tenant net-leased restaurant built in 2008 within a resort center anchored by major hotels in Anaheim Resort District.
Lot Size0.48 Acres
Days on Market102
Property Features for 12362 Chapman Ave
General Information
- Standard status
- Active
- Lot size
- 0.48 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Orange County
(949) 419-3246
Listed by
Paul Bitonti · License #CA 01325076
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 9:11PM Checked: Jul 21 at 9:11PM
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Investment Insights
Based on property information with market context.
Oggi’s Pizza & Brewing is a single-tenant net-leased restaurant investment, built in 2008, located at 12362 Chapman Ave in Garden Grove, California. The property sits on a 0.48-acre parcel within a resort center environment.
The center is positioned at the hard, signalized intersection of Chapman Avenue and Harbor Boulevard, with a combined daily traffic count of 116,774 cars passing the property. The resort center is anchored by Anaheim Marriott Suites (371 two-room suites), Delta Hotels Marriott (382 rooms), and Homewood Suites by Hilton (166 rooms). Other restaurant tenants in the center include Outback Steakhouse, Joe’s Crabshack, and Red Robin, and the surrounding area includes national retailers and hotels such as Target and CVS, along with Starbucks and multiple hotel brands.
The seller’s remarks indicate Oggi’s will enter into a brand new 20-year absolute net lease at close of escrow, with two (5-year) options and 10% rental increases every five years.
The center is positioned at the hard, signalized intersection of Chapman Avenue and Harbor Boulevard, with a combined daily traffic count of 116,774 cars passing the property. The resort center is anchored by Anaheim Marriott Suites (371 two-room suites), Delta Hotels Marriott (382 rooms), and Homewood Suites by Hilton (166 rooms). Other restaurant tenants in the center include Outback Steakhouse, Joe’s Crabshack, and Red Robin, and the surrounding area includes national retailers and hotels such as Target and CVS, along with Starbucks and multiple hotel brands.
The seller’s remarks indicate Oggi’s will enter into a brand new 20-year absolute net lease at close of escrow, with two (5-year) options and 10% rental increases every five years.
Key Highlights
- Single‑tenant net‑leased restaurant built in 2008 in the Anaheim Resort District
- Situated on a 0.48‑acre parcel within a resort center anchored by Anaheim Marriott Suites (371) and Delta Hotels Marriott (382)
- Additional anchor hotels at the resort center include Homewood Suites by Hilton (166 rooms)
Property Analytics
Location Intelligence
Current Use by Public Records
Moses Brothers Roofers ...
Roofing Company
Outback
Restaurant
Oggi's Pizza & Brewing ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Masala Craft — 575 W Chapman Ave, Anaheim, CA 92802
FAQs
What type of property is this?
Conventional restaurant - Single-tenant net-leased restaurant built in 2008 within a resort center anchored by major hotels in Anaheim Resort District.
Where is this conventional restaurant located?
The property is located at 12362 Chapman Ave Garden Grove, CA.
What are key features of this property?
This property features: Single‑tenant net‑leased restaurant built in 2008 in the Anaheim Resort District; Situated on a 0.48‑acre parcel within a resort center anchored by Anaheim Marriott Suites (371) and Delta Hotels Marriott (382); Additional anchor hotels at the resort center include Homewood Suites by Hilton (166 rooms)
