1140-1232 N Tustin St Orange, CA 92867

This multi-tenant neighborhood retail center is located on a 3.46-acre site in Orange, California. The property has frontage and visibility on Tustin Street, which experiences approximately 39,400 vehicles per day. It is also near the Interstate 55 corridor, which sees approximately 232,200 vehicles per day. The location provides access to surrounding residential neighborhoods and regional employment centers. The property's multiple points of frontage and signage opportunities enhance tenant branding, leasing velocity, and long-term income stability. The property is positioned for sustained tenant demand, value-add leasing, and long-term income growth. The location benefits from infill demographics and a daytime population, with approximately 168,000 residents within three miles and average household incomes exceeding $152,000, along with nearly 109,000 employees supporting weekday traffic. The property contains 47,804 square feet. All leases roll within approximately three years and carry no remaining tenant options, providing ownership full control over lease economics, tenant mix, and lease structure, including the ability to convert leases to NNN and significantly grow NOI. Inplace rents average approximately $1.33 per square foot gross versus market rents of approximately $1.75 per square foot NNN. Optionality exists to reposition the site to a higher and better use, subject to zoning and market conditions.