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    Orangethorpe Ave And Lakeview Ave Placentia, CA 92870

    Sponsored
    For Lease
    $60 SF/Yr

    4,341 SF Retail Building, Excellent Visibility

    Lot size:
    4,341 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at the northwest corner of East Orangethorpe Avenue and Lakeview Avenue in Placentia, California (zip code 92870), presents a compelling investment opportunity. The property encompasses a single-tenant building totaling 4,341 square feet situated on a 0.59-acre lot. Its prime location offers unparalleled visibility and accessibility, benefiting from high traffic counts due to its strategic intersection placement. The building is fully entitled for a drive-thru, making it ideal for quick-service restaurants or similar businesses. An attractive outdoor patio area is also available, enhancing the property's appeal and functionality. The property boasts prominent tower signage on all four sides, along with additional building signage, ensuring maximum brand exposure. Strong residential and commercial demographics in the surrounding area guarantee a robust customer base. The asking price is $4,000,000, with an annual NNN rate of $60. This property's combination of size, location, and features makes it an exceptional investment opportunity in a thriving Orange County market, near the 91 Freeway. The property is in Orange County, California.

    Property Features for 0 Orangethorpe Ave And Lakeview Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,341 SF
    Total Rate
    21705

    Unit(s) available at that property

    Space
    Size
    4,341 SF
    Rate per SF
    $60

    HighLights

    • 4,341 SF single‑tenant retail building on a 0.59‑acre lot in Placentia, CA (92870).
    • Prime corner location at East Orangethorpe Ave & Lakeview Ave with high traffic counts.
    • Fully entitled for a drive‑thru, featuring an outdoor patio.
    • Prominent tower signage on all four sides, plus building signage.
    • Strong demographics and proximity to the 91 Freeway.
    • Asking price: $4,000,000, with a $60 annual NNN rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Placentia
    County
    Orange
    State
    California
    Longitude
    -117.8604472
    Latitude
    33.8802416

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    FAQs

    What type of property is this?
    Land - 4,341 SF Retail Building, Excellent Visibility
    Where is this land located?
    The property is located at Orangethorpe Ave And Lakeview Ave Placentia, CA.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: 4,341 SF single-tenant retail building on a 0.59-acre lot in Placentia, CA (92870).; Prime corner location at East Orangethorpe Ave & Lakeview Ave with high traffic counts.; Fully entitled for a drive-thru, featuring an outdoor patio.
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    Orangethorpe Ave And Lakeview Ave Placentia, CA 92870
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    Placentia, CA 92870
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    Realmo Value Estimation

    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.

    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.

    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
    Orangethorpe Ave And Lakeview Ave Placentia, CA 92870
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