Warner Marketplace | 17020-17150 Magnolia St
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Warner Marketplace 17020-17150 Magnolia St
61,540 SF 100% Leased Retail Building Fountain Valley, CA 92708 For Sale
Investment Highlights
- TOP-PERFORMING GROCER & DRUG ANCHORED CENTER
- DIVERSE, DAILY-NEEDS SHOPPING CENTER
- IRREPLACEABLE FREEWAY ADJACENT CENTER
- STRONG LEASING ACTIVITY SHOWCASES CENTER STRENGTH AND NOI GROWTH
- RESILIENT TENANT ROSTER
- DENSE, AFFLUENT POPULATION AND GROWTH
Executive Summary
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Warner Marketplace, a
61,540 square foot top-performing grocery and drug-anchored center in the heart of Orange County. Adjacent to the cities of Huntington
Beach, Westminster and Costa Mesa, the Property is located just off the 405 Freeway and sits adjacent to State Route 39. The Property
benefits from high visibility with traffic counts of ±391,000 VPD at the junction of Magnolia St., Warner Ave. and the 405 Freeway. Current
tenants include Aldi, CVS (NAP), US Bank (NAP), Goodwill, and a collection of shop tenants. The Property benefits from strong curb appeal with its 2019 renovation and 2022-2023 upgrades, which included new building facades and painting. Additionally, current Ownership invested further capital into the Property by means of an asphalt grind & overlay coupled with a fresh parking lot slurry seal, signage upgrades, roof replacement, and exterior painting, all completed as recent as 2024.
61,540 square foot top-performing grocery and drug-anchored center in the heart of Orange County. Adjacent to the cities of Huntington
Beach, Westminster and Costa Mesa, the Property is located just off the 405 Freeway and sits adjacent to State Route 39. The Property
benefits from high visibility with traffic counts of ±391,000 VPD at the junction of Magnolia St., Warner Ave. and the 405 Freeway. Current
tenants include Aldi, CVS (NAP), US Bank (NAP), Goodwill, and a collection of shop tenants. The Property benefits from strong curb appeal with its 2019 renovation and 2022-2023 upgrades, which included new building facades and painting. Additionally, current Ownership invested further capital into the Property by means of an asphalt grind & overlay coupled with a fresh parking lot slurry seal, signage upgrades, roof replacement, and exterior painting, all completed as recent as 2024.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
61,540 SF
Building Class
C
Year Built/Renovated
1974/2024
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
5.83 AC
Zoning
C1 - allows small-scale retail and personal service uses for essential needs
Parking
310 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,410,080 | |
| Land Assessment | $14,357,512 | Total Assessment | $19,767,592 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$14,357,512
Improvements Assessment
$5,410,080
Total Assessment
$19,767,592
Contacts
-
Bryan Ley -
Gleb Lvovich -
Geoff Tranchina -
Tim Kuruzar -
Daniel Tyner -
Tess Berghoff -
Vanessa Fry -
JLL
1 of 6
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Warner Marketplace | 17020-17150 Magnolia St
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