Rancho Brookhurst Center in Little Saigon acquired for $22.75 Million

Tom Nguyen represented the Buyer in the acquisition of the “Rancho Brookhurst” retail center located in Garden Grove, CA.  The center is uniquely located in the heart of Little Saigon – a thriving community of over 7000 Vietnamese owned businesses and  home to the largest population of Vietnamese outside of Vietnam.  The Asian themed center consists of approximately 44,700 SF of GLA situated on approximately 3.87 acres of land.  The center was 98% occupied at the time of purchase.

 

Little Saigon Property Sold for $15.5 Million

Tom Nguyen represented the Buyer of the “Blue Pavilion” retail center in Garden Grove for $15.5 Million.  The property is located in the heart of “Little Saigon” – home to the largest population of Vietnamese outside of Vietnam and includes a business district that features over 7000 Vietnamese businesses and services.  The center consists of approximately 39,700 SF of GLA, situated on approximately 2.34 acres of land.

99cents Anchored Center in Garden Grove listed

Prime Orange County retail investment opportunity exclusively listed by Tom Nguyen. The Property consists of 36,469 SF of retail space, of which 20,000 sf is occupied by 99 Cents Only with 8 years remaining on a NNN lease. The Property is part of a larger center that consists of a co-anchor space occupied by Goodwill and an inline multi tenant retail building and a multi tenant retail pad building. The location is conveniently accessible from the 22, 5, and 91 Freeways.

Vacant space at 99 Cents anchored center in Garden Grove  Monument Sign at 99 cents anchored center in Garden Grove

144 Bed Senior Assisted Living Facility for Sale at $12,750,000

The Palm Retirement Center is a rarely offered 144 Bed Assisted and Memory Care facility located in Fullerton, California. The residential care facility (RCFE) consists of 108 assisted living beds and 36 memory care beds situated in separate wings. Amenities include a large dining hall and commercial kitchen, laundry facility, recreation rooms, library, salon, and two outdoor courtyards. The 34,000 SF facility is situated on a 40,750 SF lot and has been a home for assisted living residents since 1977. Recent improvements include a new elevator and roof.  Exclusively listed by Tom Nguyen and offered at $12,750,000.

Grocery Anchored Retail Center Acquired for $30 million

Tom Nguyen represented the Buyer in the acquisition of a Superior Grocer’s anchored center located in Baldwin Park, California. In addition to Superior Grocer, the center is occupied by other national tenants that include CVS, Chase Bank, O’Reilly Auto Parts, El Pollo Loco, GNC, Waba Grill and Subway. The property has a GLA of 94,093 SF and is situated on 6.65 acres of land.