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1140-1232 North Tustin St Orange, CA 92867

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For Sale
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Multi-tenant retail center on 3.46 acres in Orange, California.

Building Details

Year built
1965

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Listing Contact
Nick Miller
Source: Farislee

Listing Agent: Nick Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Value-Add Retail Center For Sale

This multi-tenant neighborhood retail center is located on a 3.46-acre site in Orange, California. The property has frontage and visibility along Tustin Street, with traffic counts of approximately 39,400 vehicles per day. It is strategically positioned near the Interstate 55 corridor, which sees approximately 232,200 vehicles per day. Multiple points of frontage and signage opportunities enhance tenant branding and leasing potential. The property is located in a dense infill trade area with approximately 168,000 residents, average household incomes exceeding $152,000, and over 109,000 daytime employees within a three-mile radius. The property is well below replacement cost at approximately $230 per square foot. Rents average $1.33 per square foot gross, below comparable neighborhood retail centers along Tustin Street. Flexible lease terms provide landlord control over lease economics. The property is near the intersection of Tustin Street and Katella Avenue, which sees approximately 35,000 vehicles per day.
Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Coinstar Kiosk | Bitcoin ATM, Palm Center, Tustin Katella Shopping Center, Lomita Square, Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
Orange
County
Orange
State
California
Longitude
-117.8360319
Latitude
33.8070337

FAQs

What type of property is this?
Shopping center - Multi-tenant retail center on 3.46 acres in Orange, California.
Where is this shopping center located?
The property is located at 1140-1232 North Tustin St Orange, CA.
What are key features of this property?
This property features: - Dense infill location with high population and strong average household incomes.; - Excellent visibility and access on Tustin Street with high traffic volume.; - Large 3.46-acre lot with land value significantly below prevailing Orange County retail land values.
More about this property
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