Pique at Angel Stadium, a 100% occupied, 15.7k sf multi-tenant retail strip center in Anaheim, traded hands in an $11.3 mil ($720/sf) transaction. The property, situated on 2.19 acres at 2406-2432 East Katella Ave, is adjacent to Angel Stadium and within walking distance to the Honda Center and OCVIBE.
Built in 2006, Pique at Angel Stadium, formerly known as The Shops at Stadium Towers, features eight tenants, including Comerica Bank, with a mix of 78% restaurants and 22% service-oriented businesses. Notably, 50% of the leases have terms of at least four years remaining, providing a 4.2-year weighted average lease term (WALT) with annual increases that hedge against inflation. The property also offers ample parking with 150 spaces and 16 Tesla Superchargers, along with prominent pylon signage on Katella Ave.
The property benefits from a high-traffic location with 60,000 cars per day in front of the subject property. It is strategically positioned at the 57 Fwy on/off ramp, which sees 270,000 cars per day, and is easily accessible to the 5, 22, and 57 Freeways.
The sale comes amidst significant development momentum in Anaheim, particularly around the stadium area. The property is immediately adjacent to 330k sf of Class A office space, including the 12-story Stadium Towers, which was reportedly the largest office purchase in Orange County in 2025 by Anaheim Ducks owners Henry and Susan Samueli, according to CoStar. The Samuelis have been actively acquiring properties near the Honda Center as part of their plans for OCVIBE, a $4 bil mixed-use project that will further transform the area.
Pique is located within the Platinum Triangle Mixed Use (PTMU) overlay zone, which permits 17,840 housing units, with 6,000 units already complete and 2,600 units approved or under construction. The center is also a Transit-Oriented Development adjacent to ARTIC (Anaheim Regional Transportation Intermodal Center), a major transit hub in Southern California serving approximately 40 million annual visitors.
Lee Csenar and Ed Hanley with Hanley Investment Group Real Estate Advisors represented the seller, a private investor based in the Los Angeles area. The buyer, Vista Emerald, LLC, was repped by Omar Hussein of Beacon Realty Advisors.
“Orange County remains one of the nation’s most competitive and resilient retail investment markets, fueled by population density, affluence, and tourism,” Hanley said. “Centers like Pique at Angel Stadium — with diverse tenant mixes and reliable foot traffic — continue to attract investors seeking long-term income and inflation-protected growth.”
This prime Orange County location benefits from 25 million annual visitors to Anaheim, generating $16 bil in spending. The property is located two miles from Disneyland, which draws 18 million annual visitors, and the Anaheim Convention Center, attracting 1 million annually.
Anaheim’s vibrant community boasts a median age of 34, with 700,000 residents and a daytime population of 407,000 within five miles of the property. The area also features affluent demographics, with an average household income of $106,000.
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