663 S Placentia Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
663 S Placentia Ave
3,207 SF Retail Building Fullerton, CA 92831 $4,076,000 ($1,271/SF) 5% Cap Rate
Executive Summary
Farmer Boys:
Offering Price - $2,970,000
Total Building Area - ±3,207 SF
Developable Land:
Offering Price - $1,106,000
Total Land Area - ±77,371 SF
Additional Buildable SF - ±18,910 SF
Investment Highlights
• Sam’s Club Anchored Center – Fullerton Crossings is shadow-anchored by a high-performing Home Depot and Sam’s Club (with fuel station), generating significant daily traffic from a larger regional draw.
• Long-Term Farmer Boys Ground Lease– Farmer Boys has nearly 16 years remaining on its current term.
• High Traffic, High Identity Freeway Location - Fullerton Crossings benefits from over 930 feet of frontage along S Placentia Ave (over ±15,100 CPD) with immediate access to SR 57 (over ±300,760 CPD), a primary north-south highway connecting the property to the Greater Los Angeles Area.
• Secure In-Place Income with Development Upside – Long-term ground lease with Farmer Boys provides existing cash flow with an opportunity to add value to the property through the development or ground lease of the two vacant pads, which are entitled for two buildings totaling ±5,650 SF and ±13,260 SF, respectively.
• Free and Clear of Existing Debt – No existing financing in place; available for a quick close to accommodate 1031 Exchange identification.
Offering Price - $2,970,000
Total Building Area - ±3,207 SF
Developable Land:
Offering Price - $1,106,000
Total Land Area - ±77,371 SF
Additional Buildable SF - ±18,910 SF
Investment Highlights
• Sam’s Club Anchored Center – Fullerton Crossings is shadow-anchored by a high-performing Home Depot and Sam’s Club (with fuel station), generating significant daily traffic from a larger regional draw.
• Long-Term Farmer Boys Ground Lease– Farmer Boys has nearly 16 years remaining on its current term.
• High Traffic, High Identity Freeway Location - Fullerton Crossings benefits from over 930 feet of frontage along S Placentia Ave (over ±15,100 CPD) with immediate access to SR 57 (over ±300,760 CPD), a primary north-south highway connecting the property to the Greater Los Angeles Area.
• Secure In-Place Income with Development Upside – Long-term ground lease with Farmer Boys provides existing cash flow with an opportunity to add value to the property through the development or ground lease of the two vacant pads, which are entitled for two buildings totaling ±5,650 SF and ±13,260 SF, respectively.
• Free and Clear of Existing Debt – No existing financing in place; available for a quick close to accommodate 1031 Exchange identification.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,207 SF
Building Class
B
Year Built
2020
Price
$4,076,000
Price Per SF
$1,271
Cap Rate
5%
NOI
$203,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.08 AC
Opportunity Zone
Yes
Zoning
M-P - Manufacturing Park - Manufacturing Park
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 338-071-22 | Improvements Assessment | $703,800 |
| Land Assessment | $1,897,200 | Total Assessment | $2,601,000 |
PROPERTY TAXES
Parcel Number
338-071-22
Land Assessment
$1,897,200
Improvements Assessment
$703,800
Total Assessment
$2,601,000
Learn More About Investing in Retail Properties
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Company Not Provided
663 S Placentia Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.