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201-213 W Center Street Promenade
Anaheim, CA 92805
Center Street Promenade Bldg 2 · Retail Property For Sale
PROPERTY FACTS
ABOUT 201-213 W CENTER STREET PROMENADE , ANAHEIM, CA 92805
• Pride of Ownership Asset – Superb opportunity to purchase a 100% leased, ±6,203 SF, newly renovated, high-quality retail strip center leased to a synergistic mix of retail and restaurant tenants • Strong NOI Growth – Due to embedded increases, the Net Operating Income projects to increase more than $91,000 (43%) over the expected hold period » A 3.7% CAGR over 10 years • Modern, Mixed-Use Integration – Situated at the heart of CtrCity along Center Street Anaheim, a regentrified enclave within infill Anaheim, containing office, retail, residential and recreation and offers neighborhood goods and services with vintage vibes and a modern-day twist • Concentration of Restaurant or Food-Oriented Tenancy – Over 62% of the GLA is leased to restaurant, beverage or food-related tenancy that cannot be usurped by competition from the internet • High Quality, Recent Renovation – No deferred maintenance or near-term capital requirements to drain future cash flow
PROPERTY TAXES
| Parcel Number | 036-195-02 | Improvements Assessment | $613,250 |
| Land Assessment | $422,789 | Total Assessment | $1,036,039 |
PROPERTY TAXES
