HUNTINGTON BEACH PIER PACIFIC OCEAN PACIFIC OCEAN SAN DIEGO FWY ±328,000 VPD MILE SQUARE GOLF COURSE SANTA ANA RIVER LOS AMIGOS HIGH SCHOOL S. HARBOR BLVD ±45,000 VPD 16111 HARBOR BLVD, FOUNTAIN VALLEY, CA OFFERING MEMORANDUM ™ EXECUTIVE CONTENTS 04 OVERVIEW FINANCIAL 06 OVERVIEW AREA 10 OVERVIEW TENANT 16 OVERVIEW LISTED BY CHAD KURZ ARON CLINE SVP & NATIONAL DIRECTOR SVP & SENIOR DIRECTOR DIRECT (214) 692-2927 DIRECT (949) 432-4509 MOBILE (562) 480-2937 MOBILE (818) 632-0233
[email protected] [email protected] LIC # 01911198 (CA) LIC # 01904371 (CA) INVESTMENT HIGHLIGHTS LONG-TERM OPERATIONAL HISTORY • Curacao, formerly La Curacao, was founded in 1978 and is headquartered in Los Angeles, CA with retail locations throughout California, Arizona, and Nevada. • The tenant, Curacao, has been at this location since 2006. In 2012, the tenant agreed to extend the lease an additional five years with the lease expiring on Oct. 31, 2026. • The subject property was originally built in 1968 but was renovated in 2006 when Curacao moved in. • Curacao ranks as one of the top 100 electronics and appliance retailers in the United States. Their proprietary financing model has opened the door to the world of credit for millions of people. SOUTHERN CALIFORNIA CORE REAL ESTATE • There are more than 300,000 residents in the 3-mile radius with average household income of $90,000, well above the national average. • There are more than 700,000 residents in the 5-mile radius with ±5% growth over the last decade. The average household income is nearly $100,000. • The subject property is located on Harbor Blvd, a main artery Southern California, which sees ±45,000 vehicles per day.