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Investors Hot for OC NNN

Orange County Retail

Investors are keen for OC net-lease properties, especially markets such as Huntington Beach, which “provides a dense population base in a coastal city, which is highly sought after by investors,” Charles Dunn Co’s Charles DeSantis tells us. Along with colleague Kyle Gulock, Charles repped New York-based Big Four LLC in the sale of a 4,800 SF property fully occupied by Bank of the West. Demand for this kind of property is strong enough that it “achieved a strong sale price, despite a short amount of time remaining on the lease,” Kyle says.