Santa Ana, CA –– NAI Capital Commercial is pleased to announce that Executive Vice President Steve Liu and Senior Associate Nikki Liu, with the Retail Service Group in the Orange County office, has successfully completed a 15-year, 3,300 square feet lease in Santa Ana, California. Steve and Nikki represented the landlord, Horowitz Group, in the transaction, while the tenant, Miguel’s Jr, was represented by SEG Advisors. The total consideration for the lease amounted to nearly $2.5 million dollars.
Miguel’s Jr has taken occupancy of a former Burger King drive thru location situated at 1766 E McFadden Ave. This outparcel pad, constructed in 1988, boasts excellent street visibility on McFadden Ave and is a part of the McFadden Center, a 180,000 square foot multi-tenant retail and industrial park. The pad is centrally located in Santa Ana, with a Walk Score of 79 and immediate access from the 55 and 5 Freeways. There are 33,558 households within a 2-mile radius of the property, making it an ideal location for a restaurant. Miguel’s Jr is a Mexican drive through chain offering burritos, tacos, and other classics in a modern space.
Steve commented, “This location will be a highly profitable retail destination for Miguel’s Jr and active to their target demographic in this market area. We are enthusiastic about their presence in the center.”
About NAI Capital Commercial
NAI Capital Commercial is the largest agent and employee-owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, a leading global commercial real estate services firm with more than 300 brokerage offices and over 5,100 professionals spanning the globe, NAI Capital Commercial provides a complete range of transaction, valuation, investment, and consulting services. By leveraging our local expertise with our global reach, NAI Capital Commercial offers innovative, customized solutions and seamless service to owners, tenants, investors, and developers throughout Southern California. Our clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital Commercial we work together putting our clients first.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 300 offices strategically located throughout North America,
Latin America, Europe, Africa and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
