Multi-Property Shopping Center
1150-1204 S Bristol Street & 1400 W McFadden Avenue, Santa Ana, CA 92704
For Sale
New
$11,382,000
More than 50 local retail, service, and food tenants occupy the properties, with four stalls vacant when offered.
Property Size38,472 SF
Lot Size2.60 Acres
Price / SF$295.85
Days on Market4
Property Features for 1150-1204 S Bristol Street & 1400 W McFadden Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Anchor Co-Tenants
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listed By:
John Redfield
(949) 547-2213
Source:
Srsre
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 5:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Redfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Santa Ana retail portfolio brings together three shopping center properties totaling 38,472 SF on 2.60 acres. The Bristol Swap Mall and Food Court at 1180–1204 S. Bristol Street contains 24,042 SF on 1.30 acres; the neighboring 1150 S. Bristol Street retail space adds 5,256 SF on 0.62 acres. At 1400 W. McFadden Avenue, a 9,174-SF strip center occupies 0.68 acres. The buildings date to 1961, and zoning is C1 – Community Commercial.
More than 50 local retail, service, and food and beverage tenants operate across the portfolio; four stalls were vacant at the time of offering. Most tenancy is month to month. The properties are at the intersection of S. Bristol Street and W. McFadden Avenue, where combined traffic is reported at 60,000 vehicles per day. Northgate Market anchors the center, and the portfolio is less than two miles from Downtown Santa Ana. Nearby highway access includes I-5, I-405, and SR-55.
More than 50 local retail, service, and food and beverage tenants operate across the portfolio; four stalls were vacant at the time of offering. Most tenancy is month to month. The properties are at the intersection of S. Bristol Street and W. McFadden Avenue, where combined traffic is reported at 60,000 vehicles per day. Northgate Market anchors the center, and the portfolio is less than two miles from Downtown Santa Ana. Nearby highway access includes I-5, I-405, and SR-55.
Key Highlights
- Three Santa Ana properties total 38,472 SF on 2.60 acres
- Bristol Swap Mall and Food Court: 24,042 SF on 1.30 acres; adjacent retail: 5,256 SF on 0.62 acres
- W. McFadden Avenue strip center contains 9,174 SF on 0.68 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$604,318
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,086,360
$12.1M
Cap Rate 7%
$8,633,114
$8.6M
Cap Rate 9%
$6,714,644
$6.7M
Market Conditions
NOI Build-Up for 38,472 SF
Gross rent
$923.3K $24.00/SF
− Vacancy
−$60.0K −$1.56/SF
EGI
$863.3K $22.44/SF
− OpEx
−$259.0K −$6.73/SF
NOI
$604.3K $15.71/SF
Area
ZIP 92704
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,086,360
Cap Rate 7%
$8,633,114
Cap Rate 9%
$6,714,644
Alternative Uses
Best Use
Retail
$8.63M
$7.55M – $10.07M
NOI $604,318 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.43M
$10.01M – $13.34M
NOI $800,415 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92704, CA
82,841
Population
20,887
Households
4
Avg Household Size
35
Median Age
20%
College-Educated
68%
High-School Grad
7.4 sq mi
ZIP Area
11,195
Density / Sq Mi
$94,249
Median Household Income
$37,925
Median Earnings
$2,147
Median Rent
$641,600
Median Home Value
Market
Properties on Market for Shopping centers in Orange County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Bristol Swap Mall — 1204 S Bristol St, Santa Ana, CA 92704
- Royal prestige — 1204 S Bristol St, Santa Ana, CA 92704
- Coinstar Kiosk | Bitcoin ATM — Northgate Markets, 1120 S Bristol St, Santa Ana, CA 92704
- Coinstar Kiosk | Bitcoin ATM — Super Center Concepts, 2009 W 1st St, Santa Ana, CA 92703
- Super Center Concept Inc — 2003 W 1st St, Santa Ana, CA 92703
Frequently Asked Questions
What type of property is this?
Shopping center - More than 50 local retail, service, and food tenants occupy the properties, with four stalls vacant when offered.
Where is this shopping center located?
The property is located at 1150-1204 S Bristol Street & 1400 W McFadden Avenue Santa Ana, CA.
What is the asking price?
The asking price for this property is $11,382,000.
What are key features of this property?
This property features: Three Santa Ana properties total 38,472 SF on 2.60 acres; Bristol Swap Mall and Food Court: 24,042 SF on 1.30 acres; adjacent retail: 5,256 SF on 0.62 acres; W. McFadden Avenue strip center contains 9,174 SF on 0.68 acres
