AVAILABILITY DETAILS
- Size
- 10,614 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA529416
- Notes
- BUILDING INFORMATION
NOI $304,587.48
Cap Rate 5.0%
Occupancy % 100.0%
Tenancy Single
Free Standing Yes
Building Size 10,614 SF
Lot Size 1.43 AC
Year Built/Renovated 1984/2019
PROPERTY HIGHLIGHTS
Trophy Location Brea Mall Hard Corner with 46,000 VPD
Immediately Off the 57 Freeway with Over 257,941 VPD
Experienced 8-unit Operator – High Performing Location with Absolute Net Lease
Large 1.43 AC Lot with 100 Dedicated Parking Spaces
Adjacent to New Construction 138 Room Residence Inn by Marriott and 653 Unit
Avalon Brea Place Apartments
Immediate Proximity to New Simon Property Brea Mall Redevelopment Project |380
Unit Apartment Complex, Din Tai Fung, Lifetime Fitness, Dick's Sporting Goods and
Many More!
PROPERTY DESCRIPTION
Graystone Capital Advisors is pleased to exclusively present 190 S College Blvd in Brea,
CA. Located at the 46,000 VPD intersection of State College Blvd and Birch Street, the
property sits catty-corner to the vibrant Brea Mall. The recently remodeled 10,614 SF Toast
Kitchen and Bar features an Absolute NNN lease from an experienced 8-unit operator. The
property boasts a large 1.43 AC lot with 100 dedicated parking spaces, access along both
State College Blvd and Birch Street, and visibility from the 57 Freeway with 257,941
vehicles passing per day.
The property will further benefit from the planned expansion of The Brea Mall, with Simon
Property planning a redevelopment of the 15.5-acre former Sears space. The project will
deliver a vibrant mixed-use development consisting of five new commercial buildings for
retail and restaurants, a five-story 380-unit market rate with some affordable housing
apartments on top of a three-story parking structure, a two-story fitness center, and two
outdoor gathering spaces - a plaza and a central green area. Popular tenants initially
planned for the expansion include the world-renowned Din Tai Fung, Lifetime Fitness,
Dick's Sporting Goods, Zara, and Philz Coffee. More new development immediately
bordering the property includes a recently completed 138-room Residence Inn by Marriott
and 653 luxury units at the Avalon Brea Place Apartments.
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Matt Hardke, Graystone Capital Advisors