Retail Building with Dock-High
16201 Harbor Blvd. Santa Ana, CA 92708
New
For Sale
Contact for pricing
Pending
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 Market5
Property Features for 16201 Harbor Blvd.
General Information
- Standard status
- Pending
- Size
- 28,790 SF
- Lot size
- 2.66 Acres
- Property subtype
- Retail
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: Jul 24 at 1:41PM
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
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Minh H. Tran, ...
Pharmacy
COVID-19 Drive-Thru Testing ...
Pharmacy
Shawn Nguyen, PharmD
Pharmacy
Walgreens
Pharmacy
FAQs
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
