BAKER RANCH CENTER

20491 Alton Parkway, Lake Forest, CA, 92610
  • $5,000,000 Price
  • 4.75% Cap
  • 5,800 Sqft
  • 13,800 Lot
  • 4 Units
  • 100% Occ
  • 2017 Built

The Fee Simple interest (land & building) in a newly developed, 4-Tenant, NNN leased center in Lake Forest (South Orange County), CA. Baker Ranch Center (“Property”) is ideally positioned as an outparcel within Starbucks and Goddard Preschool center and is 100% leased to four (4) tenants, Tenko Sushi & Teriyaki (10 year lease), Ameci Pizza (LOI Pending; 5 year lease), Starline Nails & Spa (LOI Pending; 5 year lease) and Sheesh Lebanese Kitchen (5 year lease). All of the Tenants within the center command a strong regional draw allowing for excellent tenant synergy and cross-over traffic during all hours of the week. Additionally, all of the Tenants within the Property feature 10-15% rental increases at the end of their 5th lease year, creating security and stability for a new investor by providing steady and above market NOI growth, which hedges against inflation.

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