220 Brea Blvd Brea, CA 92821-7906
- Commercial real estate
- 0.37 lot acres
Mar 01, 2022
Current Use by Public Records
- Levy Garage Door Repair / Garage Door Supplier
- UFC GYM Brea / Yoga Studio / Boxing Gym
Property Details for 220 Brea Blvd
- Lot size
- 0.37 lot acres
- Property type
- Commercial real estate
- APN
- 319-291-36
- APU
- 31929136
Description
This exceptional investment opportunity presents a 29,946-square-foot, two-story UFC Gym in Brea, California. Located at 220 S Brea Blvd, this flagship gym boasts a prime, hard-corner location in Downtown Brea, benefiting from excellent visibility and high traffic counts (100,000 cars daily at Imperial Highway and Brea Boulevard). The property sits on a 0.37-acre lot and was built in 2000, undergoing renovations in 2023. The building features ample parking, further enhanced by an adjacent city-owned parking structure. The property is currently under a 15-year Net Net Net (NNN) lease with UFC Gym, commencing October 22, 2023, and expiring September 29, 2038. The lease includes two, five-year renewal options, each with a 10% rent increase. The current asking price is $11,500,000, representing a 6.00% cap rate. The average household income within a three-mile radius is $130,000. This is a 100% occupied, single-tenancy investment with built-in rent bumps of 10% every five years, providing a stable and attractive return for investors. The property's APN is 319-291-36. This is a rare opportunity to acquire a high-performing, nationally branded fitness center in a highly desirable Orange County location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,540,000
- ML approach
- $5,390,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brea
- County
- Orange
- State
- California
- Longitude
- -117.899
- Latitude
- 33.9178
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
