Profitable La Michoacana
For Sale
Contact for pricing
1271 E Brian Ln, Anaheim, CA 92805
Profitable La Michoacana store with pride of ownership.
Property Size400 SF
Price / SF$625
Days on Market180
Property Features for 1271 E Brian Ln
General Information
Standard status
Active
Size
400 SF
Property subtype
Special Purpose
Listing Agency:
Coldwell Banker Envision
(562) 945-2221
Listed By:
Hannah Johnson · License #CA 02163166
Source:
Crexi
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 10 at 3:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Envision
Investment Insights
Based on property information with market context.
This is an opportunity to own a profitable La Michoacana store. The business demonstrates pride of ownership and consistent profitability. The quality is reflected in the ingredients and processes used. The owner is retiring. The property size is 400 square feet. Business information and financials are available upon signing a Non-Disclosure Agreement.
Key Highlights
- Profitable La Michoacana store with year‑over‑year profit.
- Pride of ownership evident in store's condition and operation.
- High‑quality ingredients and processes used.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,144
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$142,880
$142.9K
Cap Rate 7%
$102,057
$102.1K
Cap Rate 9%
$79,378
$79.4K
Market Conditions
NOI Build-Up for 400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$10.1K $25.20/SF
− Vacancy
−$554 −$1.39/SF
EGI
$9.5K $23.81/SF
− OpEx
−$2.4K −$5.95/SF
NOI
$7.1K $17.86/SF
Area
ZIP 92805
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$142,880
Cap Rate 7%
$102,057
Cap Rate 9%
$79,378
Alternative Uses
Best Use
Specialty Retail
$102.1K
$89.3K – $119.1K
NOI $7,144 @ 7.0% cap · market cap 2.86%
Second Best
Retail
$90.2K
$79.0K – $105.3K
NOI $6,317 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$122.2K
$106.9K – $142.5K
NOI $8,552 @ 7.0% cap · market cap 3.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92805, CA
74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- La Primera Market — 538 S Rose St, Anaheim, CA 92805
- Albertsons — 810 S State College Blvd, Anaheim, CA 92806
- El Super — 1221 S Anaheim Blvd, Anaheim, CA 92805
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Profitable La Michoacana store with pride of ownership.
Where is this grocery and convenience store located?
The property is located at 1271 E Brian Ln Anaheim, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Profitable La Michoacana store with year‑over‑year profit.; Pride of ownership evident in store's condition and operation.; High‑quality ingredients and processes used.
