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LIST PRICE:
$53,935,000
LEASABLE SF:
±205,000 SF
LAND SF:
±784,324 SF
(±18.01 Acres)
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INVESTMENT HIGHLIGHTS
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Corporate NNN Lease with The Home Depot – The Home Depot is the dominant home improvement retailer with 2,285 stores across the United States, Canada and Mexico supplying tools, construction products, and services
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The Home Depot (NYSE: HD) is a publicly traded company with a market capitalization exceeding $307 billion (stock is up over 24% for the past 12 months)
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The Home Depot maintains strong growth and a dominant market position – For the 12 months ending October 31, 2020, The Home Depot grew sales to $125.6 billion, a 13.25% increase year-over-year
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The Home Depot’s “A” investment grade credit rating from Standard & Poor’s
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Regional, Freeway Adjacent Location – Ideally located along Interstate 91 (±259,489 CPD), one of the most highly trafficked freeways in America with direct on-/off-ramp access via Yorba Linda Boulevard / Weir Canyon Road (±39,845 CPD)
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Rare Home Depot Investment Opportunity – Rare opportunity to acquire a flagship store for the largest home improvement retailer in the world. This high performing store on Pullman St. is the largest Home Depot on the West Coast and the second largest in the nation
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Future Pad Development Opportunity – Abundant 851 space parking field and low .26 FAR lends to the site’s ability to increase NOI through the development and/or ground lease of up to two additional pads on the site (development would include revenue sharing with Home Depot in consideration for approval rights)
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Exclusive Home Depot Location – Home Depot is the dominant home improvement store in this trade area as the nearest home improvement store is located over 5 miles southwest of the property
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Highly Affluent Demographics With Strong Purchasing Power – More than 9,612, 84,727, and 143,976 people in a 1-mile, 3-mile, and 5-mile radius with an Average Household Income exceeding $155,300, $172,300, and $171,700, respectively |
CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM
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FOR MORE
INFORMATION
PLEASE CONTACT:
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THIS IS A MARKETING COMMUNICATION
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
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