STNL Trophy Goodwill Pad to Home Depot 1821 N Tustin St
13,156 SF Retail Building Orange, CA 92865 $7,016,533 ($533.33/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- HIGH-TRAFFIC HOME DEPOT PAD: Trophy Home Depot pad with ±43K ADT on Tustin St & ±11.9K on Taft Ave, near ±232.2K ADT Costa Mesa Fwy.
- PRESTIGIOUS LOCATION: Prime Orange County location in a fast-growing, highly desirable Southern California market.
- LOW MAINTENANCE: Lot extends near building line, minimizing upkeep; Home Depot manages the center association.
- PROMINENT RETAIL CORRIDOR: Next to The Village at Orange (±855.9K SF, ±7.4M yearly visits), in top 2% malls per Placer.ai, near major retail anchors.
- DURABLE CASH FLOW: ±9 years left, 10% rent bumps every 5 years, ensuring stable, predictable cash flow.
- LOW MAINTENANCE: Lot extends near building line, minimizing upkeep; Home Depot manages the center association.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,156 SF
Building Class
B
Year Built/Renovated
1974/2023
Price
$7,016,533
Price Per SF
$533.33
Cap Rate
4.50%
NOI
$315,744
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.34 AC
Parking
4.85 Spaces per 1,000 SF Leased
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 372-301-06 | Improvements Assessment | $766,886 |
| Land Assessment | $1,958,507 | Total Assessment | $2,725,393 |
