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    16490 Bolsa Chica St Huntington Beach, CA 92649

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, High Traffic Area

    Lot size:
    21,387 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Promenade Shopping Center, located at 16490 Bolsa Chica St, Huntington Beach, CA 92649, presents a unique investment opportunity in a thriving retail environment. This 21,387 square foot shopping center is situated on a signalized hard corner at the intersection of Bolsa Chica Street (approx. 53,118 average daily traffic) and Heil Ave (approx. 17,404 average daily traffic), ensuring high visibility and accessibility. The center features multiple tenancies, with a minimum divisible space of 925 square feet and a maximum contiguous space of 929 square feet, offering flexibility for various retail and restaurant concepts. The property benefits from its location within a densely populated area, experiencing consistent traffic throughout the day and into the evening, driven by the surrounding residential and commercial activity. Huntington Beach's robust economy, master-planned communities, and high quality of life contribute to its desirability as a retail destination. The city's affluent population, with over 77,500 households and average incomes exceeding $131,000, coupled with a more than 25% growth in home values over the past five years, underscores the strong market fundamentals supporting this property. This is an exceptional opportunity to acquire a well-positioned retail center in one of Southern California's most sought-after locations.

    Property Features for 16490 Bolsa Chica St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,387 SF

    Unit(s) available at that property

    Space
    Suite 16454
    Size
    925 SF
    Space
    Suite 16462
    Size
    1,238 SF

    HighLights

    • Huntington Beach population: 198,039.
    • 85,280 employees in the area.
    • Median household expenditures: $85,497.
    • Bolsa Chica Street: ±53,118 Average Daily Traffic (ADT).
    • Heil Avenue: ±17,404 ADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Hangout Restaurant & Beach ... American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntington Beach
    County
    Orange
    State
    California
    Longitude
    -118.0409076
    Latitude
    33.7229075

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, High Traffic Area
    Where is this lifestyle center located?
    The property is located at 16490 Bolsa Chica St Huntington Beach, CA.
    What are key features of this property?
    This property features: Huntington Beach population: 198,039.; 85,280 employees in the area.; Median household expenditures: $85,497.
    Request Owner's contact information
    16490 Bolsa Chica St Huntington Beach, CA 92649
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    Huntington Beach, CA 92649
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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
    16490 Bolsa Chica St Huntington Beach, CA 92649
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