Retail Building with Dock-High
For Sale
Contact for pricing
Pending
16201 Harbor Blvd., Santa Ana, CA 92708
Remodeled two-tenant retail building is 100% leased to Walgreens and Planet Fitness on long-term NNN terms.
Property Size28,790 SF
Lot Size2.66 Acres
Days on Market18
Property Features for 16201 Harbor Blvd.
General Information
Standard status
Pending
Size
28,790 SF
Class
A
Lot size
2.66 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Renovated
2008
Tenancy
Multi
Listing Agency:
Realty Advisory Group, Inc.
(213) 627-3338
Listed By:
Mark Repstad · License #CA 01492673
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Aug 7 at 5:32AM
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 Realty Advisory Group, Inc.
Investment Insights
Based on property information with market context.
Remodeled in 2008, this Class “A” two-tenant retail building totals 28,790 square feet on a 2.66-acre parcel. The property is 100% leased and corporately guaranteed by both tenants: Walgreen Co. and Planet Fitness. Both leases are described as long term NNN with built-in rental increases, and the asset includes ample parking and dock-high loading.
The property is part of the Fountain Center, a 200,000 SF power center in Fountain Valley. Easy access is available to the 5, 22, 55, 57, 91, 405 and 605 Freeways, and it is located less than 5 miles from Disneyland and John Wayne Airport, the sole commercial airport in Orange County.
Lease details include a 75-year Walgreens lease executed in January 2009 with a hard term through January 2029. Planet Fitness executed a 15-year lease in January 2015 through January 2030 and includes three, five-year options to extend, with both leases noted to have rare 10% fixed period increases.
The property is part of the Fountain Center, a 200,000 SF power center in Fountain Valley. Easy access is available to the 5, 22, 55, 57, 91, 405 and 605 Freeways, and it is located less than 5 miles from Disneyland and John Wayne Airport, the sole commercial airport in Orange County.
Lease details include a 75-year Walgreens lease executed in January 2009 with a hard term through January 2029. Planet Fitness executed a 15-year lease in January 2015 through January 2030 and includes three, five-year options to extend, with both leases noted to have rare 10% fixed period increases.
Key Highlights
- Class A 2‑tenant retail building at 16201 Harbor Boulevard, Fountain Valley, CA
- Remodeled in 2008; 28,790 SF on a 2.66‑acre parcel
- 100% leased and corporately guaranteed by tenants Walgreens Co. and Planet Fitness
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 92708, CA
57,192
Population
19,250
Households
3
Avg Household Size
45
Median Age
45%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
6,285
Density / Sq Mi
$111,797
Median Household Income
$51,944
Median Earnings
$2,507
Median Rent
$1,018,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Remodeled two-tenant retail building is 100% leased to Walgreens and Planet Fitness on long-term NNN terms.
Where is this retail space located?
The property is located at 16201 Harbor Blvd. Santa Ana, CA.
What are key features of this property?
This property features: Class A 2‑tenant retail building at 16201 Harbor Boulevard, Fountain Valley, CA; Remodeled in 2008; 28,790 SF on a 2.66‑acre parcel; 100% leased and corporately guaranteed by tenants Walgreens Co. and Planet Fitness
