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Net Leased Grocer Opportunity

2445 South Bristol Street Santa Ana, CA 92707

2445 South Bristol Street, Santa Ana, CA, 92707
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Grocery store in Los Angeles MSA with strong demographics.

Property Size39,400 SF
Price / SF$304.77
AddedMay 12
Days on Market66
Last RefreshJul 15 at 3:00 pm

Property Features for 2445 South Bristol Street

General Information

Standard status
Active
Size
39,400 SF
Property subtype
Retail

Listing office Fisher James Capital

Listing date May 12, 2026

Source Crexi

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 Fisher James Capital


Investment Insights

Based on property information with market context.

This net lease grocer opportunity is located in the Los Angeles MSA. The property benefits from a dense infill Orange County location with strong surrounding demographics and a long-standing operating history. It features exceptional regional accessibility. Strategically positioned along South Bristol Street between Interstate 5 and Interstate 405, the property is surrounded by major retail, healthcare, residential, and tourism demand drivers within one of Southern California’s established and supply-constrained markets. The property size is 39400 square feet.

Key Highlights

  • Net lease grocer opportunity in the Los Angeles MSA
  • Dense infill Orange County location with strong surrounding demographics
  • Exceptional regional accessibility between Interstate 5 and Interstate 405

Local Financial Insights For Specialty 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 $1.02M $25.80
− Vacancy −$50.8k −$1.29
EGI $965.7k $24.51
− OpEx −$241.4k −$6.13
NOI $724.3k $18.38
39,400 SF · lease $25.80/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$10.35M
$9.05M – $12.07M (±1% cap)
NOI $724,271 @ 7.0% cap · market cap 6.03%
Second Best
Retail
$9.06M
$7.93M – $10.57M (±1% cap)
NOI $634,368 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$10.80M
$9.45M – $12.60M (±1% cap)
NOI $756,291 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Coinstar Kiosk | Bitcoin ... Atm El Super Grocery & Convenience Store Self Storage Storage Facility Ria Money Transfer ... Bank Coinstar Shopping Center & Mall

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic HVAC Service Accounting Firm Daycare Center

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

Similar Off Market Nearby

  • Target Grocery — 3300 S Bristol St, Santa Ana, CA 92704
  • El Super — 2445 S Bristol St, Santa Ana, CA 92707

FAQs

What type of property is this?
Grocery and convenience store - Grocery store in Los Angeles MSA with strong demographics.
Where is this grocery and convenience store located?
The property is located at 2445 South Bristol Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $12,008,000.
What are key features of this property?
This property features: Net lease grocer opportunity in the Los Angeles MSA; Dense infill Orange County location with strong surrounding demographics; Exceptional regional accessibility between Interstate 5 and Interstate 405
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