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Build-to-Suit Convenience Store
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813 N Euclid St, Santa Ana, CA 92703

Brand new 2021 build-to-suit convenience store leased on an absolute NNN basis.

Property SizeContact for details
Days on Market121

Property Features for 813 N Euclid St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Newmark | Orange County - Irvine
Listed By: Glenn Rudy · License #CA 01412484
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:08AM

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 Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

This is a pre-sale build-to-suit convenience store with a brand new 2021 construction. The property is offered with a 15-year initial lease term featuring 7.5% increases every five years, along with three additional five-year options. The lease is described as absolute NNN with zero landlord responsibilities, and the listing also references full depreciation benefits of owning the improvements.

The site is located along Euclid Street at the signalized intersection with Hazard Avenue in Santa Ana, California. The listing notes Euclid Street as a primary north/south thoroughfare with over 60,000 cars per day and places the property on the “morning drive side” of Euclid Street, with the Garden Grove Freeway (22) referenced as less than 1 mile away.

The offering is presented as a corporate lease with an investment-grade tenant profile (S&P AA-), as stated in the remarks.

Key Highlights

  • Brand new 2021 build‑to‑suit 7‑Eleven convenience store leased on an absolute NNN basis.
  • Absolute NNN lease structure with zero landlord responsibilities, according to the remarks.
  • New 15‑year initial lease term with 7.5% increases every 5 years, plus three 5‑year options.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Chevron Shops & Services
12,701 visits/mo 0.4 miles
United Oil Shops & Services
12,340 visits/mo 0.2 miles
7-Eleven Shops & Services
7,533 visits/mo 0.2 miles
La Rancherita Dining
3,480 visits/mo 0.5 miles
StorAmerica Self Storage Shops & Services
1,110 visits/mo 0.2 miles

Demographics for 92703, CA

65,621
Population
14,644
Households
4.5
Avg Household Size
34
Median Age
13%
College-Educated
60%
High-School Grad
4.2 sq mi
ZIP Area
15,624
Density / Sq Mi
$80,817
Median Household Income
$33,363
Median Earnings
$1,922
Median Rent
$585,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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  • Northgate Market 230 N Harbor Blvd, Santa Ana, CA 92703

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Brand new 2021 build-to-suit convenience store leased on an absolute NNN basis.
Where is this grocery and convenience store located?
The property is located at 813 N Euclid St Santa Ana, CA.
What are key features of this property?
This property features: Brand new 2021 build‑to‑suit 7‑Eleven convenience store leased on an absolute NNN basis.; Absolute NNN lease structure with zero landlord responsibilities, according to the remarks.; New 15‑year initial lease term with 7.5% increases every 5 years, plus three 5‑year options.
More about this property
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