115 Hbr Blvd, Fullerton, CA 92832
This exceptional value-add opportunity presents two adjacent storefront retail spaces totaling 16,490 square feet, situated on a highly visible, signalized corner in the heart of Downtown Fullerton, California. Located at 115 N Harbor Blvd, this property boasts a prime location at the intersection of Harbor Blvd and Amerige Ave, directly across from free public parking. The 0.37-acre lot is zoned C-3 (Central Business District), allowing for diverse uses including retail, restaurants, financial institutions, fitness centers, and more. Mixed-use development, including dwelling units, is also permitted subject to specific requirements. Currently occupied by a long-standing local business with a six-month sale leaseback included, this asset offers immediate income while allowing for future repurposing. The property benefits from its position in a densely populated commercial and residential area, near Fullerton College and High School, ensuring high foot traffic and strong potential for future growth. This is a rare chance to acquire a significant retail asset in a thriving downtown area experiencing substantial redevelopment, offering substantial upside potential for both owner-users and investors seeking to capitalize on robust retail trends. The asking price is $8,670,000, with a price per square foot of $525.77. The property features an absolute NNN lease type and is currently at 100% occupancy.
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Black Hole Records (Bike/Boat/Book/etc) Store
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40 Lashes Hair Salon Nail Salon
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Organic MediZen Alternative Medicine Practice
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PAS Vocational School
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Stray Cat Vintage & Costumes (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.