207 Main St
Huntington Beach, CA 92648

Marcus & Millichap is pleased to present 207 Main Street in downtown Huntington Beach, California. The subject property consists of a two story 5,000 square feet retail building two blocks from Pacific Coast Highway and the Huntington Beach Pier. The building is 100% occupied with publicly traded Delta Apparel (NYSE American: DLA) on a corporate guaranteed net lease. The current rent of $3.33 per square foot is significantly below average market rents for both upstairs and downstairs spaces in the Main Street corridor. Important to note that this location in the 200 block is most desirable by tenants as the foot traffic here is some of the busiest in all of Orange County. Average rents for ground floor retail range from $11.00 per square foot to $5.00 per square foot and upstairs spaces from $3.50- 5.50 per square foot NNN. Additionally, a lack of upstairs space in the area coupled with strong demand for it makes the property a true value add in the future. The interior of the building was renovated in 2016 and includes 20 plus ceiling heights in the retail area, with an upstairs open loft, including skylights and a conference room used by the tenant as their West Coast office. Downtown Huntington or “Surf City” as it is commonly known is home to the world-famous Huntington Beach Pier and a collection of eclectic restaurants, pubs, boutiques and businesses. The foot and visitor traffic in the Main street corridor, rank it as one of the most popular destinations in the world. Every year, the US Open of Surfing is held in Huntington Beach, which is a major fiancial event for the city attracting over 500,000 visitors within the month of August. Huntington Beach boasts some of the best demographics retailers and investors look for when determining site selection. This location has an average household income of $106,417 in a five-mile ring and population density of 278,438 people in a 5-mile radius.