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Downtown Urban Retail FOR SALE DOWNTOWN URBAN RETAIL OFFERING MEMORANDUM | 104 EAST 4TH STREET | SANTA ANA | CALIFORNIA Mark Sigler 2020 MAIN STREET SUITE 100 VICE PRESIDENT IRVINE, CALIFORNIA 926146 949.263.5367 949.851.5100 [email protected] 949.261.9092 FAX VOITCO.COM Lic #’00898206 2 ONEWORDEXECUTIVE SECOND SUMMARY WORD 104 East Fourth Street (4th and Main) represents a rare opportunity to own property at one of Santa Ana’s premier intersections. At thehub of Downtown Santa Ana (DTSA), 4th and Main provides access to one of Orange Coutnty’s places to be seen. Its a cultural happening with art walks, hip restuarants, chic bars, business men/women, performing arts, foodies, artists, museums and much more at its doorstep. The builing recently went through a seismic retrofit, has a new roof and is equiped with fire sprinklers. INVESTMENT HIGHLIGHTS Located at the best corner in Downtown Santa Ana (DTSA) Frontage on both Fourth Street and Main Street Historic high character building Walking Score of 94 out of 100 (Walker’s Paradise) Excellent opportunity in the heart of DTSA Type 47 liquor license available Seismic retrofit completed in 2020 Located in Downtown Zone - Very favorable zoning ordinance New roof with 10-year warranty 104 East 4th Street 4th East 104 3 2 EXECUTIVE SUMMARY 4 PROPERTY HIGHLIGHTS 6 OC STREETCAR 8 SANTA ANA OVERVIEW 9 DTSA PARKING GARAGES 10 DTSA RESTAURANTS 12 NEW DEVELOPMENTS 14 LOCATION MAP 15 PARCEL MAP 16 FLOOR PLANS 4 PROPERTY HIGHLIGHTS ASKING PRICE: $3,500,000 LEASE RATE $2.85 PSF / NNN ADDRESS 104 East 4th Street, Sant Ana, California 92701 A.P.N. 398-502-02 + 6,902 SF 1st Floor: 2,750 SF IMPROVEMENTS 2nd Floor: 2,848 SF Basement1,324 SF Fully equipped restaurant 6,100 SF Expandable to 6,902 SF RESTAURANT With type 47 liquor license SALON 800 SF Beauty Salon Main Street 29,000 ADT TRAFFIC COUNT Fourth Street 10,5000 ADT 104 East 4th Street 4th East 104 OCCUPANCY 100%. Can be delivered vacant or seller will lease-back for a short term ZONING: Downtown (DT) DEMOGRAPHICS 1 MILE 2 MILES 5 MILES 2019 POPULATION 67,49 0 345,200 685,137 AVERAGE INCOME $55,679 $76,388 $89,233 5 6 OC STREETCAR OC STREET CAR The OC Streetcar is a light rail line currently under construction in Orange County, California, USA, running through the cities of Santa Ana and Garden Grove. The electric-powered streetcar will be operated by the Orange County Transportation Authority (OCTA), and will serve at least twelve stops along its 4.15-mile (6.68 km) route. With the exception of a short loop in downtown Santa Ana, the line will be double-tracked for its entire length. Most of the route follows the original path of the Pacific Electric Railway "Red Cars" that served Santa Ana in the early 20th century, before being abandoned in 1950. Construction on the streetcar broke ground on November 30, 2018, with the line expected to open to the public in 2021. The streetcar will provide a link from Southern California's regional commuter rail and bus systems to downtown Santa Ana, one of Orange County's largest centers for employment, arts, and entertainment, as well as nearby residential neighborhoods, parks, and trails. Civic Center Dr Santa Ana Blvd 5th St 104 East 4th Street 4th East 104 SITE 4th St Ross St Broadway 3rd St Legend Main St Stop Bush St Spurgeon St Streetcar Route 1st St 7 Santtaa Ana College 5 OC School of the Arts WWiillowick Golf Course SITE Santa Ana Civic Center Dr Municipal Santa Ana Blvd StStadium Santa Ana Blvd Legend Streetcar Stop Santa Ana Route High School 5th St Willowwick: Potential Future Stop One-Way Travel SITE Santa Ana Regional Transportation Center 4th St Ross St Broadway 3rd St Century High School Legend Main St Stop Bush St Spurgeon St Streetcar Route Mateerr Dei High School 1st St 8 SANTA ANA OVERVIEW SANTA ANA OVERVIEW Santa Ana, the government seat and second-oldest city in Orange County, has been reborn as one of the region’s trendiest destinations for short and long-term visitors looking for a creative urban vibe. After allowing its culturally diverse roots to quietly fly under the radar for years, the city of more than 330,000 is embracing its eclecticism – as well as the tens of thousands of foodies, nightlife fans, entrepreneurs and new residents flocking here every month. California’s 11th largest city offers a convincing case for its broadening appeal: 490 restaurants, 60 art galleries, 7 thriving retail sectors, 2 regional destination museums, 1 performing arts theater, 1 leading e-sports arena and the region’s most acclaimed performing arts high school. 104 East 4th Street 4th East 104 9 DTSA PARKING GARAGES 10 828 Pho Leos Cafe 1 220 W 1st St Ste 103 19 34 Civic Center Plz DTSA RESTAURANTS BTS Southern BBQ Lola Gaspar Restaurant & Bar 2 211 N Bush St 20 211 W 2nd St DINING C4 Deli Mar 3 200 N Broadway 21 201 E 4th St From eclectic ethnic eats to elevated dinings, DTSA is Orange County's favorite food Chapter One Mil Jugos Restaurant neighborhood, and is officially a foodie city. 4 227 N Broadway 22 318 W 5th St Join this amazing restaurant scene serving a diverse community abundant workforce and Crave Restaurant and Cafe Mix Mix Kitchen Bar flocking foodies. 5 410 W 4th St 23 300 N Main St Eat Chow Santa Ana Native Son Alehouse 6 313 N Bush St 24 305 E 4th St El Mercado Modern Cuisine Next Round Bar Grill 7 301 N Spurgeon St 25 200 N Broadway Eqeko Oishii Tacos 8 309 W 3rd St 26 400 E 4th St Gypsy Den Omakase by Gino 9 125 N Broadway Ste D 27 304 N Main St Hectors On Broadway Original Mikes 10 409 N Broadway 28 100 S Main St Hidden House Coffee Roasters Playground 11 511 E Santa Ana Blvd 29 220 E 4th St Plaza Cafe & Deli IHOP Restaurant 600 W Santa Ana Blvd Ste 103 12 520 W Santa Ana Blvd 30 Proof Ink Waffles 215 N Broadway 13 201 E 4th St 31 Restaurant Las Cazuelas 104 East 4th Street 4th East 104 Irenia 312 N Bush St 14 400 N Broadway 32 Soltani Restaurant Joe's Place 610 E 1st St Ste A 15 611 W Civic Center Dr Ste 100 33 Starbucks Kaizen Shabu 301 W 4th St 16 303 N Spurgeon St 34 Taquerias Guadalajara La Flor De Michoacan Ice Cream 305 E 4th St Ste 102 17 714 N Lacy St 35 La Rinconada Mexican Velvet Lounge 18 Restaurant 36 416 W 4th St 300 W 5th St 11 12 NEW DEVELOPMENTS 4TH and Mortimer Meta Housing Santa Ana Arts 1 409 & 509 E 4th St 7 1666 N Main St Santa Ana, Ca Santa Ana, CA Mixed use | 133 residential units and 7,270 sf Reuse to convert 5 story office building into of commercial & 210 parking 58 residential units and 114 parking spaces First American Title Co Bridging the Aqua 2 114 E 5th St 8 317 E 17th St Santa Ana, CA Santa Ana, CA Mixed use | 218 residential units and Demolish motel to facilitate 56 residential 8,900 commercial space | 314 parking units for homeless individuals and 35 parking spaces 3rd and Broadway Ventana Walk Townhomes 3 201 W 3rd St 9 1506 W 1st St Santa Ana, CA Santa Ana, CA Largest development parcel downtown Demolish building 62 residential units and retail, office, residential community building & 139 Parking West End Lofts AMCAL Apartments 4 320 W 4th St 10 1440 1st St Santa Ana, CA Santa Ana, CA Live/work units | In plan check 64 affordable rental units and 112 parking spaces 104 East 4th Street 4th East 104 888 North Main Wermers Elk’s Site 5 888 N Main St 11 1660 E First St Santa Ana, CA Santa Ana, CA Adaptive Reuse of a 10 story office building redevelop Elks club into 2 mixed used live/work | 146 residential units structures with below ground parking. 603 residential units Tom’s Trucks Residential Tiny Tim’s Plaza 6 1008 E 4th St 12 2223 W 5th St Santa Ana, CA Santa Ana, CA Convert truck center into residential 117 units Construct 51 affordable rental units with | Single family and courtyard homes off street commercial center parking variance 13 14 LOCATION MAP Santtaa Ana College 5 OC School of the Arts WWiillowick Golf Course SITE Santa Ana Municipal Santa Ana Blvd SSttadium Santa Ana High School 104 East 4th Street 4th East 104 Century High School Mateerr Dei High School 15 TH! S MAP WAS PREPARED FOR ORANGE SEE SPECIAL PACE 398-509 FOR SUBSURFACE FEE Tl TL£ ASSESSMENT COUNTY ASSESSOR DEPT. PURPOSES DNL Y. 398-50 THE ASSESSOR MAKES ND GUARANTEE AS TD POR. W 1/2, SEC. l, T 5 S, R 9 W ITS ACCURACY NOR ASSUMES ANY LIABILITY PAGE 1 OF 2 FDR OTHER USES. NOT TD BE REPRODUCED. ALL RIGHTS RESERVED, © COPYRIGHT ORANGE COUNTY ASSESSOR 2003 PARCEL MAP 32 33 _J FOURTH ;?5' ...,. Santtaa Ana College 5 OC School of the Arts WWiillowick SEE PAGE 2 = 00· Golf Course ,,,-�-, J" 1 SITE I <> Santa Ana @: i Municipal I ,' SSttadium ,, Santa Ana Blvd , I , � co @l � <;j ,: ..... e: � U) THIRD � N 0u � STREET� ..J Santa Ana CD · s� O' High School 7 11 <- �- f'O' APN: 398-501-02 Century High School (POR. ABANO. ' ST.) Mateerr Dei High School 51 TOWN OF SANTA ANA L.A.
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