1248 E 17th, Santa Ana, CA 92701
- $2,800,000
- Sold Price
- $2,800,000
- List Price
- $2,650,000
- Closing Date
- Jun 25, 2026
- Status
- CLOSED
- MLS#
- PW26102989
- Lot Size
- 18,204
- Acres
- 0.42
- Lot Location
- Flag Lot, Walkstreet
- Days on Market
- 13
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
Excellent opportunity to acquire a prime single-tenant Starbucks investment featuring a highly coveted drive-thru, located at a strategic signalized intersection in Santa Ana. The property consists of an approximately 2,115 SF building on an expansive 18,204 SF lot, offering an efficient site layout with ample parking. This passive investment is backed by a long-term Triple-Net (NNN) lease, providing predictable cash flow with minimal landlord responsibilities. The lease structure includes built-in rent escalations and multiple renewal options, ensuring consistent income growth and long-term tenancy. Ideally positioned for maximum visibility, the site benefits from its freeway-adjacent location, capturing heavy commuter and local traffic volume. Starbucks’ continued commitment to this site is further demonstrated by its long operating history and top-tier performance ranking, reinforcing the asset's overall stability. This offering presents a high-quality acquisition for investors seeking a nationally recognized credit tenant and long-term upside in a premier Southern California retail market. Ideal for 1031 Exchange buyers.
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Additional Information
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Ji Jung Lee (realtor.junelee@gmail.com) from Listing Office: Coldwell Banker Best Realty.
Listing sold by Ji Jung Lee from Coldwell Banker Best Realty
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