Neighborhood Retail Strip
1341 E Chapman Fullerton, CA 92831
For Sale
$2,995,000
For sale retail strip center with immediate access to Chapman Avenue and major Fullerton education and healthcare anchors.
Property Size10,849 SF
Price / SF$276.06
Days on Market69
Property Features for 1341 E Chapman
General Information
- Standard status
- Active
- Size
- 10,849 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency:
Coldwell Banker-Campbell Rltrs
(714) 960-6384
Listed By:
Scot Campbell · License #00943759
Source:
Xome
Added: May 17
Changed: Jul 24
Last Checked: Jul 24 at 5:49AM
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 Coldwell Banker-Campbell Rltrs
Investment Insights
Based on property information with market context.
1341 E Chapman Avenue is a retail strip center positioned in Fullerton’s established trade area, offering convenient access to Chapman Avenue, State College Boulevard, Downtown Fullerton, Cal State Fullerton, and Fullerton College.
The offering is supported by a mature residential base and nearby education and healthcare anchors, with the area serving a mix of students, professionals, families, and long-term homeowners. The City of Fullerton is described as having an estimated population of approximately 140,000 residents and median household income of about $104,286, alongside a per-capita income of approximately $50,180.
Demographic details in the remarks indicate that nearly 43.5% of residents age 25+ hold a bachelor’s degree or higher, with daytime population drivers including Cal State Fullerton and other institutions. The property is presented as well suited for neighborhood-serving retail, restaurant, medical, fitness, service, and professional uses, reflecting its Chapman Avenue location and regional connectivity throughout North Orange County.
The offering is supported by a mature residential base and nearby education and healthcare anchors, with the area serving a mix of students, professionals, families, and long-term homeowners. The City of Fullerton is described as having an estimated population of approximately 140,000 residents and median household income of about $104,286, alongside a per-capita income of approximately $50,180.
Demographic details in the remarks indicate that nearly 43.5% of residents age 25+ hold a bachelor’s degree or higher, with daytime population drivers including Cal State Fullerton and other institutions. The property is presented as well suited for neighborhood-serving retail, restaurant, medical, fitness, service, and professional uses, reflecting its Chapman Avenue location and regional connectivity throughout North Orange County.
Key Highlights
- Retail strip center at 1341 E Chapman Avenue in Fullerton with immediate access to Chapman Avenue and State College Boulevard
- Proximity to major education and healthcare anchors, including Cal State Fullerton, Fullerton College, Hope International University, and Marshall B. Ketchum University
- Flat roof and rectangular, level topography; lot features include level, rectangular configuration
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $260.4k | $24.00 |
| − Vacancy | −$11.0k | −$1.01 |
| EGI | $249.4k | $22.99 |
| − OpEx | −$74.8k | −$6.90 |
| NOI | $174.6k | $16.09 |
10,849 SF · lease $24.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.49M
$2.18M – $2.91M
NOI $174,590 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.49M
$3.05M – $4.07M
NOI $244,204 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Off Market Nearby
- 色盲眼镜店 — 501 N Cornell Ave, Fullerton, CA 92831
- Omar Stereos Bodega — 1456 E Valencia Dr, Fullerton, CA 92831
FAQs
What type of property is this?
Shopping center - For sale retail strip center with immediate access to Chapman Avenue and major Fullerton education and healthcare anchors.
Where is this shopping center located?
The property is located at 1341 E Chapman Fullerton, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Retail strip center at 1341 E Chapman Avenue in Fullerton with immediate access to Chapman Avenue and State College Boulevard; Proximity to major education and healthcare anchors, including Cal State Fullerton, Fullerton College, Hope International University, and Marshall B. Ketchum University; Flat roof and rectangular, level topography; lot features include level, rectangular configuration
