Available For Sale - Retail

10,614 SF | Show Pricing $

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LISTED BY

Matt Hardke
Graystone Capital Advisors, 949-942-1303

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