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Anchored Shopping Center
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17243 - 17395 17th Street Tustin California 92780, Tustin, CA 92780

Leasehold retail center with major discount, off-price, food, service, and health-oriented tenants.

Property Size89,863 SF
Days on Market142

Property Features for 17243 - 17395 17th Street Tustin California 92780

General Information

Standard status Pending
Size 89,863 SF
Property subtype Retail
Occupancy 98%

Site & Location

Corner Location Yes
Anchor Co-Tenants Marshalls/HomeGoods, Dollar Tree
Traffic Count 48,000 vehicles/day
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #CA License No. 01912215
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 10:04PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

Tustin’s French Quarter is a leasehold shopping center with building ownership held by the ground lessee. The 89,863 SF property is 98% occupied and anchored by Marshalls/HomeGoods and Dollar Tree, which together represent 47% of the leasable area and 29% of annual rent. The tenant mix also includes food, service, and health-focused businesses. Marshalls/HomeGoods has extended its lease through January 2029, while N10 Dance, Bad Ass Coffee, and Cancun Juice each recently executed new 10-year leases with scheduled rental increases and extension options.

The center occupies the signalized intersection of 17th Street and Carroll Way/Yorba Street in Tustin, with combined traffic of 48,000 vehicles daily. Direct access to the Costa Mesa Freeway, State Highway 55, provides connectivity to a route carrying 282,000 VPD. The property is positioned within the 17th Street retail corridor and less than one mile from The Centre at Seventeenth and The MetroPlace Shopping Center. The surrounding trade area includes 577,299 residents and 316,598 daytime employees within five miles, with average annual household income of $133,198.

Key Highlights

  • 98% occupied 89,863 SF shopping center
  • Marshalls/HomeGoods and Dollar Tree account for 47% of leasable area and 29% of annual rent
  • Marshalls/HomeGoods lease extended through January 2029

Property Analytics

Current Use

Bad Ass Coffee ... Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Daycare Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48,000 VPD
Traffic count
98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,233
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92780, CA

56,034
Population
18,308
Households
3.1
Avg Household Size
36
Median Age
36%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
8,894
Density / Sq Mi
$98,647
Median Household Income
$44,849
Median Earnings
$2,211
Median Rent
$832,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Leasehold retail center with major discount, off-price, food, service, and health-oriented tenants.
Where is this shopping center located?
The property is located at 17243 - 17395 17th Street Tustin California 92780 Tustin, CA.
What are key features of this property?
This property features: 98% occupied 89,863 SF shopping center; Marshalls/HomeGoods and Dollar Tree account for 47% of leasable area and 29% of annual rent; Marshalls/HomeGoods lease extended through January 2029
(480) 221-4221 Call to check price and availability
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