This fully occupied coastal Orange County retail center offers a rare opportunity to acquire a stable, high-yield leasehold investment secured by long-term tenants. The ±10,500 SF building situated on ±31,120 SF of land provides full depreciation benefits and includes a first right of refusal to purchase the fee simple interest. Positioned in a dense retail corridor with national tenants, the property features over 240 feet of frontage along 19th Street with traffic counts exceeding 33,000 vehicles per day. Excellent freeway access and strong demographics—over 158,000 residents within a 3-mile radius—further enhance the investment profile.