Leased Industrial Collision Repair
1621 E Orangethorpe Ave Fullerton, CA 92831
For Sale
Contact for pricing
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 Market105
Property Features for 1621 E Orangethorpe Ave
General Information
- Standard status
- Active
- Lot size
- 1.84 Acres
- Property subtype
- Industrial
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
Location Intelligence
Current Use by Public Records
Crash Champions Collision ...
Auto Repair Shop
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FAQs
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.
