1248 E 17th, Santa Ana, CA 92701
$2,800,000
$2,650,000
5.7%
Est.Price: ?

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0.42 Acres Lot

1248 E 17th Santa Ana, CA 92701

Est. payment /mo
SOLD DATE : 06/25/2026

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Key Details

Sold Price $2,800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW26102989

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

Laundry None

Building

Lot Description Flag Lot, Walkstreet

Story 1

Water Public

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Ji Jung Lee Coldwell Banker Best Realty realtor.junelee@gmail.com, DRE #01305455
Bought with Ji Jung Lee Coldwell Banker Best Realty

NEARBY SCHOOLS & BUSINESSES

Dusty Brazil
Dusty Brazil

Agent | License ID: 01780273

+1(760) 207-7245 | dustybrazil@gmail.com

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