18
See all 18 photos
$2,650,000
Est. payment /mo
0.42 Acres Lot
Active Under Contract
1248 E 17th Santa Ana, CA 92701
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW26102989
HOA Y/N No
Lot Size 0.418 Acres
Property Sub-Type Retail
Property Description
Excellent opportunity to acquire a prime single-tenant Starbucks investment featuring a highly coveted drive-thru, located at a strategic signalized intersection in Santa Ana. The property consists of an approximately 2,115 SF building on an expansive 18,204 SF lot, offering an efficient site layout with ample parking. This passive investment is backed by a long-term Triple-Net (NNN) lease, providing predictable cash flow with minimal landlord responsibilities. The lease structure includes built-in rent escalations and multiple renewal options, ensuring consistent income growth and long-term tenancy. Ideally positioned for maximum visibility, the site benefits from its freeway-adjacent location, capturing heavy commuter and local traffic volume. Starbucks' continued commitment to this site is further demonstrated by its long operating history and top-tier performance ranking, reinforcing the asset's overall stability. This offering presents a high-quality acquisition for investors seeking a nationally recognized credit tenant and long-term upside in a premier Southern California retail market. Ideal for 1031 Exchange buyers.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description Flag Lot, Walkstreet
Story 1
Water Public
Others
Tax ID 39807171
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Ji Jung Lee Coldwell Banker Best Realty realtor.junelee@gmail.com, DRE #01305455
NEARBY SCHOOL & BUSINESS