Net Leased Grocer
For Sale
Contact for pricing
2445 South Bristol Street, Santa Ana, CA 92707
Grocery store in Los Angeles MSA with strong demographics.
Property Size39,400 SF
Price / SF$304.77
Days on Market81
Property Features for 2445 South Bristol Street
General Information
Standard status
Active
Size
39,400 SF
Property subtype
Retail
Listing Agency:
Fisher James Capital
(510) 289-1166
Listed By:
Lindsey Snider · License #CA 01443387
Source:
Crexi
Added: May 12
Changed: Jul 10
Last Checked: Jul 31 at 12:38PM
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
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
NOI $724,271 @ 7.0% cap · market cap 6.03%
Second Best
Retail
$9.06M
$7.93M – $10.57M
NOI $634,368 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$10.80M
$9.45M – $12.60M
NOI $756,291 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92707, CA
56,456
Population
14,767
Households
3.8
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
5.2 sq mi
ZIP Area
10,857
Density / Sq Mi
$99,491
Median Household Income
$35,582
Median Earnings
$2,141
Median Rent
$635,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Target Grocery — 3300 S Bristol St, Santa Ana, CA 92704
- El Super — 2445 S Bristol St, Santa Ana, CA 92707
Frequently Asked Questions
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
