Storefront Retail
For Sale
$5,399,999
5921 WESTMINSTER BLVD, Westminster, CA 92683
Retail storefront property available for sale at 5921 Westminster Blvd in Westminster, CA.
Property Size7,300 SF
Days on Market109
Property Features for 5921 WESTMINSTER BLVD
General Information
Standard status
Active
Size
7,300 SF
Property subtype
Hotel/Motel
Building Details
Building Size
7,300 SF
Listing Agency:
Superior Real Estate Group 714-422-6946 Overview Additional information MLS R ID PW26113475 Interior features Cooling Yes Heating Yes Exterior features Lot Size 15,500 Acres Other property details Alta Mira Realty Request a tour Contact agent Request a tour Contact agent Listed by Tracy La CA DRE# 02004281 with Superior Real Estate Group 714-422-6946
Listed By:
Tracy La CA DRE# 02004281 · License #02004281
(714) 422-6946
Source:
Altamirarealty
Added: May 27
Changed: Sep 10
Last Checked: Sep 12 at 10:20AM
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 Superior Real Estate Group 714-422-6946 Overview Additional information MLS R ID PW26113475 Interior features Cooling Yes Heating Yes Exterior features Lot Size 15,500 Acres Other property details Alta Mira Realty Request a tour Contact agent Request a tour Contact agent Listed by Tracy La CA DRE# 02004281 with Superior Real Estate Group 714-422-6946
Investment Insights
Based on property information with market context.
This offering is for a retail storefront property available for sale. The information provided identifies the asset address as 5921 WESTMINSTER BLVD, Westminster, CA 92683.
The public directions reference SPRINGDALE & WESTMINSTER, with the property located in Orange County, California.
Additional details regarding unit configuration, size, layout, condition, parking, or income/tenancy are not included in the provided information.
The public directions reference SPRINGDALE & WESTMINSTER, with the property located in Orange County, California.
Additional details regarding unit configuration, size, layout, condition, parking, or income/tenancy are not included in the provided information.
Key Highlights
- Retail storefront property for sale at 5921 Westminster Blvd, Westminster, CA
- Central air conditioning
- Central heating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$165,858
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,317,160
$3.3M
Cap Rate 7%
$2,369,400
$2.4M
Cap Rate 9%
$1,842,867
$1.8M
Market Conditions
NOI Build-Up for 7,300 SF
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.
Gross rent
$245.3K $33.60/SF
− Vacancy
−$8.3K −$1.14/SF
EGI
$236.9K $32.46/SF
− OpEx
−$71.1K −$9.74/SF
NOI
$165.9K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,317,160
Cap Rate 7%
$2,369,400
Cap Rate 9%
$1,842,867
Alternative Uses
Best Use
Retail
$2.37M
$2.07M – $2.76M
NOI $165,858 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,635 @ 7.0% cap · market cap 3.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 93%
Hotels & Casinos 7%
Starbucks
Dining
11,478 visits/mo
0.1 miles
Taqueria Mexico
Dining
6,414 visits/mo
0.0 miles
SUBWAY
Dining
2,712 visits/mo
0.0 miles
Best Western Westminster Inn
Hotels & Casinos
1,438 visits/mo
0.3 miles
Demographics for 92683, CA
90,946
Population
29,075
Households
3.1
Avg Household Size
42
Median Age
26%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
9,376
Density / Sq Mi
$82,703
Median Household Income
$39,821
Median Earnings
$2,101
Median Rent
$820,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront property available for sale at 5921 Westminster Blvd in Westminster, CA.
Where is this retail space located?
The property is located at 5921 WESTMINSTER BLVD Westminster, CA.
What is the asking price?
The asking price for this property is $5,399,999.
What are key features of this property?
This property features: Retail storefront property for sale at 5921 Westminster Blvd, Westminster, CA; Central air conditioning; Central heating
