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Tustin Street Retail | Orange, CA 1018-1046 N Tustin St

18,885 SF 87% Leased Retail Building Orange, CA 92867 $5,250,000 ($278/SF) 6% Cap Rate

Mixed Use Properties California Orange 1018-1046 N Tustin St, Orange, CA 92867

Investment Highlights

  • Immediate Upside Opportunity with 81% Occupancy | Increase rents on 30% on long-term month-to-month tenants
  • Prime Tustin Street Location Adjacent to Katella Avenue at the 55 Freeway
  • Stable Income Stream | 68% of tenants successfully operating at the center since 2018 or before
  • Excellent Demographics with $157,000 Average Household Income and 517,000 People within 5 Miles

Executive Summary

Immediate Upside; 81% Occupancy | Below Market Rents | Stable Cash Flow

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,885 SF
Building Class
C
Year Built
1965
Price
$5,250,000
Price Per SF
$278
Cap Rate
6%
NOI
$315,022
Percent Leased
87%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.41
Lot Size
1.05 AC
Zoning
C
Parking
100 Spaces (5.3 Spaces per 1,000 SF Leased)
Frontage
269 FT on N Tustin St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Wheelchair Accessible

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • C
  • 438 SF
  • Office
  • -
  • Now
  • D
  • 399 SF
  • Office
  • -
  • Now
  • E
  • 360 SF
  • Office
  • -
  • Now
  • F
  • 357 SF
  • Office
  • -
  • Now
  • H
  • 429 SF
  • Office
  • -
  • Now
  • I
  • 447 SF
  • Office
  • -
  • Now
Space Size Space Use Position Available
C 438 SF Office - Now
D 399 SF Office - Now
E 360 SF Office - Now
F 357 SF Office - Now
H 429 SF Office - Now
I 447 SF Office - Now

C

Size
438 SF
Space Use
Office
Position
-
Available
Now

D

Size
399 SF
Space Use
Office
Position
-
Available
Now

E

Size
360 SF
Space Use
Office
Position
-
Available
Now

F

Size
357 SF
Space Use
Office
Position
-
Available
Now

H

Size
429 SF
Space Use
Office
Position
-
Available
Now

I

Size
447 SF
Space Use
Office
Position
-
Available
Now

Links

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1018-1046 N Tustin St, Orange, CA - aerial map view - Image1
1018-1046 N Tustin St, Orange, CA - aerial map view - Image2
1018-1046 N Tustin St, Orange, CA - aerial map view - Image3
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

UFC Gym
Bank of America
Aqua-Tots Swim Schools
Kidstrong
Albertsons
Starbucks
Yoshinoya
Planet Fitness
Flame Broiler
Stater Bros Markets

PROPERTY TAXES

Parcel Number 375-511-01 Improvements Assessment $1,352,520
Land Assessment $3,641,400 Total Assessment $4,993,920

PROPERTY TAXES

Parcel Number
375-511-01
Land Assessment
$3,641,400
Improvements Assessment
$1,352,520
Total Assessment
$4,993,920
(844) 585-7636

Contact

  • Listing ID: 33313229

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 1018-1046 N Tustin St, Orange, CA 92867

More public record information on 1018-1046 N Tustin St, Orange, CA 92867

The Retail Property at 1018-1046 N Tustin St, Orange, CA 92867 is currently available for sale. Contact Hanley Investment Real Estate Advisors for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Tustin Street Retail | Orange, CA | 1018-1046 N Tustin St
(844) 585-7636 x

Tustin Street Retail | Orange, CA | 1018-1046 N Tustin St

Lee Csenar

(844) 585-7636

(844) 585-7636

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