2727-2743 Edinger Ave Santa Ana, CA 92704
- Retail properties
- 9,028 SF
- 1.15 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2727-2743 Edinger Ave
- Year built
- 1980
- Lot size
- 1.15 lot acres
- Property size
- 9,028 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 9,028 square foot, multi-tenant retail storefront located at 2727-2743 W. Edinger Avenue in Santa Ana, California. The property boasts a 100% occupancy rate with six tenants, generating a strong net operating income (NOI) of $280,782 and a 5.20% cap rate. The asking price is $5,400,000, translating to $598.14 per square foot. Built in 1980, this fee-simple owned property sits on a 1.15-acre lot and is zoned C-1. The property benefits from a highly desirable location at a signalized intersection with traffic counts exceeding 61,300 cars per day, and enjoys proximity to Santa Ana College (36,000 students). Leases include favorable terms with 4% annual rental increases. The existing tenant mix is internet-resistant, and there's significant potential to expand the property's square footage, further enhancing cash flow and value. This infill location in Orange County presents a rare opportunity for a value-add investment with substantial long-term upside. The property's APN is 407-041-35
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.906
- Latitude
- 33.7279
