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Property profile & analytics
OFF-MARKET
Lifestyle centers

1935 17Th St Santa Ana, CA 92705

8,104 SF Built 1997
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, 8,104 square foot retail shopping center located at 1935 E 17th St, Santa Ana, CA 92705. The property, built in 1997, sits on a 25,700 square foot lot and boasts a 5.40% cap rate with a Net Operating Income (NOI) of $334,592. Currently housing six tenants under NNN leases, the center enjoys 100% occupancy and minimal management requirements. Key anchors include Hobby Lobby, Esporta Fitness, and Carl's Jr. The property benefits from a prime location in a high-traffic area with over 60,000 vehicles passing daily, situated near major freeways (SR-55, I-22, SR-57, and I-5) and surrounded by a dense population with high average household income exceeding $146,000 within a 5-mile radius. The C5 (General Commercial) zoning provides flexibility. This well-maintained property is offered at $6,200,000 and is ideally suited for a 1031 exchange investor, offering a strong return on investment with a stable tenant base and excellent location. The property is free and clear of debt, allowing for an all-cash purchase. APN: 396-321-20.

Property profile
Verified
Property type Lifestyle centers
Year built 1997
Total area 8,104 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • El Yaqui tacos y mariscos Restaurant
  • Yes To Beauty by Yesenia Hair Salon
  • rootz therapy Alternative Medicine Practice Spa & Massage Center
  • Enchanted Coffee Santa Ana Cafe & Coffee Shop
  • Total Nutrition & Wellness Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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