1891 Malvern Ave Fullerton, CA 92833-2403

Property Details for 1891 Malvern Ave

Lot size

0.82 lot acres

Property type

Commercial real estate

APN

280-301-14

APU

28030114

Description

This exceptional investment opportunity presents a single-tenant, 100% occupied McDonald's restaurant located at 1891 W Malvern Ave, Fullerton, CA 92833. The property boasts a 3,100 square foot building on a 0.82-acre lot, constructed in 2002. This Class B retail property operates under a corporate Net Lease (NNN) agreement, providing a secure and passive income stream. The current lease, expiring in 2032, includes two renewal options of 4 and 6 years, further enhancing the long-term stability of this investment. The property's strong financial performance is reflected in its $3,950,000 asking price, a $1,274.19 price per square foot, and a 3.56% cap rate, generating a Net Operating Income (NOI) of $140,554. The location within the Amerige Heights Town Center, a thriving shopping center with high-profile tenants such as Target, Gold's Gym, and Albertsons, ensures significant foot traffic. The property benefits from its high-visibility location, directly off Malvern Avenue (approximately 35,000 cars per day), with close proximity to Route 91 (approximately 277,300 cars per day) and Interstate-5 (approximately 214,600 cars per day), guaranteeing consistent exposure and accessibility. The Amerige Heights Town Center experiences approximately 5.5 million annual visitors, demonstrating a significant increase of approximately 38.4% over the past three years. This McDonald's location offers a compelling combination of a secure lease, strong financial performance, and a prime location within a high-traffic retail center.

Location Insight

City

Fullerton

County

Orange

State

California

Longitude

-117.962

Latitude

33.8777

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments