Anaheim Strip Center For
For Sale
Contact for pricing
Pending
2516-2536 W Lincoln Avenue, Anaheim, CA 92801
Value-add multi-tenant strip center in prime Anaheim location.
Property Size14,700 SF
Days on Market233
Property Features for 2516-2536 W Lincoln Avenue
General Information
Standard status
Pending
Size
14,700 SF
Total Parking Spaces
71
Property subtype
Retail
Zoning
General Commercial/Residential Corridor
Occupancy
81%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$142,702
Building Details
Year Built
1978
Tenancy
Multi
Listing Agency:
CBRE - Orange County
Listed By:
Jay Gomez · License #CA 01364065
(831) 325-9847
Source:
Crexi
Added: Mar 12
Changed: Oct 26
Last Checked: Oct 28 at 7:03AM
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 CBRE - Orange County
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 2516-2536 W. Lincoln Avenue is a multi-tenant strip center located in Anaheim. The property offers a value-add opportunity with below-market rents and two vacant units. The property contains 14,700 square feet and is located in an infill location.
Key Highlights
- Prime Anaheim infill location
- Value‑add opportunity
- Multi‑tenant strip center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$242,453
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,849,060
$4.8M
Cap Rate 7%
$3,463,614
$3.5M
Cap Rate 9%
$2,693,922
$2.7M
Market Conditions
NOI Build-Up for 14,700 SF
Gross rent
$370.4K $25.20/SF
− Vacancy
−$24.1K −$1.64/SF
EGI
$346.4K $23.56/SF
− OpEx
−$103.9K −$7.07/SF
NOI
$242.5K $16.49/SF
Area
ZIP 92801
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,849,060
Cap Rate 7%
$3,463,614
Cap Rate 9%
$2,693,922
Alternative Uses
Best Use
Retail
$3.46M
$3.03M – $4.04M
NOI $242,453 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.68M
$4.10M – $5.46M
NOI $327,786 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 36%
Shops & Services 26%
Vallarta Supermarket
Groceries
38,368 visits/mo
0.3 miles
Starbucks
Dining
22,378 visits/mo
0.2 miles
Wells Fargo
Shops & Services
13,190 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,234 visits/mo
0.3 miles
KFC
Dining
7,416 visits/mo
0.2 miles
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Value-add multi-tenant strip center in prime Anaheim location.
Where is this strip mall located?
The property is located at 2516-2536 W Lincoln Avenue Anaheim, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Prime Anaheim infill location; Value‑add opportunity; Multi‑tenant strip center
