Leased Industrial Collision Repair
For Sale
Contact for pricing
1621 E Orangethorpe Ave, Fullerton, CA 92831
Single-tenant industrial building on a fenced yard with dock-high loading doors potential and complete renovation in 2004.
Lot Size1.84 Acres
Days on Market113
Property Features for 1621 E Orangethorpe Ave
General Information
Standard status
Active
Lot size
1.84 Acres
Property subtype
Industrial
Occupancy
100%
Site & Location
Road Access
Yes
Fenced Yard
Yes
Building Details
Year Renovated
2004
Tenancy
Single
Listing Agency:
Voit Real Estate Services San Diego
(949) 400-0957
Listed By:
Jack Faris · License #CA 00912766
Source:
Crexi
Added: Apr 10
Changed: Jul 23
Last Checked: Jul 23 at 8:47AM
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 Voit Real Estate Services San Diego
Investment Insights
Based on property information with market context.
This offering consists of one single-tenant industrial building that is 100% leased to a regional credit tenant. Pacific Elite Collision Repair operates a chain of collision centers in Southern California, and the property has a 10-year NNN lease renewal signed in February 2019. Monthly NNN payments are stated at $29,000 with 3% annual increases, along with a market rate adjustment scheduled for February 1, 2024.
The property is located on Orangethorpe, described as a major thoroughfare through the Fullerton industrial area. The site totals 1.84 acres and includes a large fenced yard. The building was completely renovated in 2004 and is reported to be in excellent condition.
The offering includes the current leased industrial configuration and notes the presence of opportunities to increase value by bringing lease terms up to market and adding dock-high loading doors.
The property is located on Orangethorpe, described as a major thoroughfare through the Fullerton industrial area. The site totals 1.84 acres and includes a large fenced yard. The building was completely renovated in 2004 and is reported to be in excellent condition.
The offering includes the current leased industrial configuration and notes the presence of opportunities to increase value by bringing lease terms up to market and adding dock-high loading doors.
Key Highlights
- Single‑tenant industrial building with 100% leased status to a regional credit tenant.
- 10‑year NNN lease renewal signed February 2019; monthly payments of $29,000 ($0.775 NNN PSF) with 3% annual increases.
- Market rate adjustment scheduled for Feb 1, 2024 after the 5th year of the lease.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Home Improvements & Furnishings 5%
ARCO
Shops & Services
18,178 visits/mo
0.4 miles
United Rentals
Home Improvements & Furnishings
1,132 visits/mo
0.4 miles
Fullerton Liquor
Shops & Services
1,041 visits/mo
0.5 miles
Discount Tire Centers
Shops & Services
680 visits/mo
0.4 miles
Avis Budget Car Rental
Shops & Services
529 visits/mo
0.1 miles
Demographics for 92831, CA
38,953
Population
13,691
Households
2.8
Avg Household Size
31
Median Age
44%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
6,602
Density / Sq Mi
$89,451
Median Household Income
$41,878
Median Earnings
$2,093
Median Rent
$821,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - Single-tenant industrial building on a fenced yard with dock-high loading doors potential and complete renovation in 2004.
Where is this auto shop located?
The property is located at 1621 E Orangethorpe Ave Fullerton, CA.
What are key features of this property?
This property features: Single‑tenant industrial building with 100% leased status to a regional credit tenant.; 10‑year NNN lease renewal signed February 2019; monthly payments of $29,000 ($0.775 NNN PSF) with 3% annual increases.; Market rate adjustment scheduled for Feb 1, 2024 after the 5th year of the lease.
