Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Visible End Cap Retail Space Title is generated by Realmo AI

    2509 W McFadden Avenue, Santa Ana, CA 92704

    View on Map
    Claim this Listing
    For Lease
    $3 SF/Yr $1,000/Mo (calc)

    Highly visible retail space in Santa Ana for lease.

    Type:retail.strip_center
    Property size:
    4,000 SF
    Added:
    Mar 7, 2026
    Days on Market:
    91
    Last Refresh:
    Mar 7 at 7:00 pm

    Property Features for 2509 W McFadden Avenue

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    retail.strip_center

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Keith Kropfl

    Listing agent Keith Kropfl License #01106628

    Listing office Avison Young - US - CA - Orange County

    Listing date Mar 7, 2026

    Source Avisonyoung

    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 Avison Young - US - CA - Orange County

    HighLights

    • Highly visible end cap retail space.
    • Anchored by R Ranch Market in a 53,454 sq. ft. shopping center.
    • Located on a signalized “T” intersection.
    • Ample parking with 308 stalls.
    • Located in the heart of Santa Ana.
    • Building Square Feet (RBA) ±11,000.

    Overview

    Available for lease is approximately 4,000 square feet of highly visible end cap retail space, situated within a 53,454 square foot shopping center anchored by R Ranch Market. The building containing the available space has a total area of approximately 11,000 square feet. The property benefits from its location on a signalized 'T' intersection in the heart of Santa Ana. Parking is provided by 308 stalls, resulting in a parking ratio of 6.09 spaces per 1,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Tepa Insurance Services Insurance Agency Un Mundo Mejor Physician Lucky Chinese Food Restaurant Herbalife Independent Distributor Physician Showtime Smoke & Vape (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.90269
    Latitude
    33.734553

    Nearby Similar for Lease

    • $3,150/Mo
      2,100 SF

      Office and Warehouse Flex Space

      Second-floor office suite with private offices and optional adjacent warehouse space, plus ample parking for service and distribution.
      2100 S Fairview Street, Santa Ana, CA 92704
      View Details
    • $4,900/Mo
      2,900 SF

      Turnkey Office Suite in Santa Ana

      Move-in ready 2,900 SF office suite for lease.
      1600 E 4th, Santa Ana, CA 92701
      View Details
    • Contact for pricing
      1,262 SF

      Retail Space in Golden Circle

      Retail space in a high-density area near freeways.
      2031 E First Street, Santa Ana, CA 92705
      View Details
    • $129-$2,714/Mo
      11-1,292 SF

      CA, Santa Ana - W Civic Center Dr

      901 Civic Center Dr, Unit 2ND, Santa Ana, CA 92703
      View Details
    • Sponsored
      $129-$4,466/Mo
      11-1,292 SF

      John Wayne Airport

      4695 Macarthur Ct, Unit 11TH, Santa Ana, CA 92660
      View Details
    • $2 SF/Yr
      4,368 SF

      Creative Office Condo For Rent

      Turn-key creative office space with abundant natural light.
      2932-2938 Daimler St, Santa Ana, CA 92705
      View Details
    • $1.75 SF/Yr
      6,300 SF

      Industrial Building with Fenced Yard

      6,300 SF industrial building with office space and secured parking.
      3020 S. Fairview Street, Santa Ana, CA 92704
      View Details
    • $2,862/Mo
      1,272 SF

      Professional Office in Santa Ana

      Professional office space for rent in a prime Santa Ana location.
      1611 E 4th St 110, Santa Ana, CA 92701
      View Details
    • $2.00 SF/Yr
      20,000 SF

      Downtown Santa Ana Retail/Office Space

      Prime retail and office spaces in a revitalized Orange County neighborhood.
      204 N Broadway, Santa Ana, CA 92701
      View Details
    • $1.55 SF/Yr
      12,060 SF

      Industrial Space with Fenced Yard

      Industrial space featuring office area, fenced yard, and freeway access.
      1939 South Susan Street, Santa Ana, CA, 92704
      View Details
    • $1.49 SF/Yr
      7,200 SF

      Freestanding Industrial Building with Yard

      7,200 SF industrial building with secured yard for lease.
      2130 South Santa Fe Street, Santa Ana, CA, 92705
      View Details
    • $1.45 SF/Yr
      3,600 SF

      Santa Ana Flex Space Available

      Multi-tenant corner unit with office and warehouse space for rent.
      3002-3012 S Halladay St, Santa Ana, CA 92705
      View Details

    FAQs

    What type of property is this?
    Strip mall - Highly visible retail space in Santa Ana for lease.
    Where is this strip mall located?
    The property is located at 2509 W McFadden Avenue Santa Ana, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Highly visible end cap retail space.; Anchored by R Ranch Market in a 53,454 sq. ft. shopping center.; Located on a signalized “T” intersection.
    (949) 430-0680
    We can help!
    Listing Contact
    Keith Kropfl
    Real Estate License ID: 01106628
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2509 W. McFadden Avenue, Santa Ana, California 92704
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!