Build-to-Suit Convenience
813 N Euclid St Santa Ana, CA 92703
813 N Euclid St, Santa Ana, CA, 92703
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For Sale
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Brand new 2021 build-to-suit convenience store leased on an absolute NNN basis.
Days on Market102
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 Updated: Jul 21 at 12:56AM Checked: Jul 21 at 9:26AM
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.
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
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
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Similar Off Market Nearby
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- Northgate Market — 230 N Harbor Blvd, Santa Ana, CA 92703
FAQs
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.
