1248 E 17th, Santa Ana, CA 92701
Commercial property
Sold June 2026
Listing Agent: Ji Jung Lee (DRE #01305455) · Listing Office: Coldwell Banker Best Realty · Contact: realtor.junelee@gmail.com · Bought with: Ji Jung Lee · Coldwell Banker Best Realty · MLS #PW26102989 · Source: CRMLS
How this sale compares
1248 E 17th sold for $2,800,000 in June 2026, 5.7% over its $2,650,000 list price, after 13 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
About this commercial property
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.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Questions about 1248 E 17th
When did 1248 E 17th last sell?
1248 E 17th last sold in June 2026 for $2,800,000, according to CRMLS-reported closed sales.
What did 1248 E 17th sell for?
$2,800,000, 5.7% above the $2,650,000 list price, after 13 days on the market.
Is 1248 E 17th for sale now?
1248 E 17th is not currently listed on the MLS. Browse current homes for sale in Santa Ana on Nalren.