5858 Warner Ave Huntington Beach
Coastal Commercial and Graystone Capital Advisors are pleased to present the exclusive opportunity to acquire 5858 Warner Avenue, a ±30,070 SF freestanding retail building located in one of Orange County’s most desirable coastal submarkets - Huntington Beach, CA. The property is leased to 24 Hour Fitness who has lease term through December 31, 2031, with one five-year option to renew. The offering features rare biennial CPI rent increases that hedge against inflation. Placer AI foot traffic data shows this location is in 88th percentile (ranked 40/348) of all fitness center locations within a 15 mile radius and 89th percentile (ranked 349/3,822) of all California fitness center locations. Visits to this location have increased 13.4% year over year and 38.5% over the past 24 months.
Situated on ±2.59 acres at the signalized hard corner intersection of Warner Avenue and Springdale Street, the site offers ±433 feet of linear frontage and prominent pylon signage. The corner location benefits from a combined traffic volume of 46,905 vehicles per day, ensuring excellent visibility and accessibility. The surrounding trade area features dense residential neighborhoods, strong daytime employment, and immediate proximity to coastal amenities - key drivers of retail and service-oriented demand.
Within a 3-mile radius, there are approximately 51,770 households, with a median household income of $106,000 and average income exceeding $134,000. Notably, over 43% of households earn more than $125,000 annually, supporting consistent discretionary spending. Consumer expenditures total $2.1 billion annually in the trade area, including $537 million on food and alcohol, $301 million on entertainment and hobbies, and $520 million on transportation and maintenance - highlighting the strength and depth of local purchasing power.
With flexible zoning and strategic proximity to major transportation corridors, coastal tourism hubs, and affluent residential enclaves, 5858 Warner Avenue represents a rare opportunity to own a high performing STNL asset with a
national credit tenant in a market defined by tight vacancy, zero construction pipeline, and consistent rent growth.
Investment Sale Details
List Price
$14,840,000
Square Feet (GLA)
30,070
Current Cap Rate
6.36%