Absolute NNN Corporate Leased Investment

Investment Overview

Presenting a prime absolute NNN investment opportunity. This 18,630 SF building offers a coveted location in Orange County, CA, ideal for a retail or power center investor. With 100% occupancy, this property comprises 1 unit and boasts a recent 2022 renovation. Built in 2001 and zoned PD-17-CR, it represents a modern and lucrative addition to any investment portfolio. Providing a strong historical tenant base and a solid income stream, this property presents a compelling prospect within the thriving commercial real estate landscape of Orange County. With its strategic positioning and high occupancy rate, this property is poised to deliver long-term value and a strong return on investment.

Investment Highlights

• La-Z-Boy Corporate Lease
• Lease Guarantee by LZB
• Long Term Tenant Since 2006
• Absolute NNN Investment
• No Landlord Responsibilities
• 2022 Interior Renovation with Over $1m in Improvements
• 2022 New Roof and HVAC Installed
• Five (5) Years Remaining on Extended Term
• Two (2) Five (5) Year Options to Renew Until 2041
• 10% Annual Increases at Each Five (5) Year Option
• Located in Yorba Linda's Savi Ranch District
• Yorba Linda's Major Job Center and Retail Destination
• Excellent Demographics
• Yorba Linda Voted One of the "100 Best Places to Live" in the US
• 27 Miles Southeast of Downtown Los Angeles
• Less Than 20 Miles to John Wayne Int'l Airport (SNA)
• About a 30-Minute Drive to Ontario International Airport (ONT)