Rare Single Tenant Net Lease Grocer in Southern California
Overview
Net Lease to Chedraui USA, Inc. dba El Super: Approximately 4.5 years remaining with the tenant recently exercising its first 5-year option, demonstrating commitment to the location
Strong Regional Grocer: El Super operates 64 locations across California, Nevada, New Mexico, and Texas, while Chedraui USA operates 123 El Super and Fiesta Mart locations throughout the Southwest
Dense Infill Orange County Location: Centrally located between I-5 (358,500 ADT) and I-405 (312,400 ADT)
Strong Surrounding Retail & Traffic Drivers: Nearby tenants include Target, Trader Joe’s, Ross, Burlington, ALDI, Sprouts (coming soon), Food 4 Less, Starbucks, IHOP, and South Coast Plaza, the West Coast’s largest luxury retail destination
Exceptional Demographics: Total daytime population of 783,401 within 5 miles with average household income of $130,729