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1st St. & Newport Ave Tustin, CA 92780

OFF-MARKET Retail properties & Spaces Google Maps
207,525 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Larwin Square Shopping Center presents a unique investment opportunity in Orange County. This vibrant 207,525-square-foot center offers a diverse mix of retail and executive office spaces, catering to various business needs. Ten suites are available, ranging from a minimum of 363 square feet to a maximum contiguous space of 19,072 square feet, providing flexibility for businesses of all sizes. Currently, 35,799 square feet are vacant, presenting a significant opportunity for expansion or new tenancy. The center boasts a strong anchor tenant lineup including 99 Ranch Market, Crunch Fitness, and Big 5 Sporting Goods, ensuring high foot traffic and visibility. Its strategic location in Orange County offers convenient access to major transportation arteries, including the I-5 and 55 Freeways, enhancing accessibility for both employees and customers. Ample parking is available with 793 spaces to accommodate the needs of tenants and visitors. This multi-tenant property is ideal for businesses seeking a prominent location in a thriving Orange County market. The property's diverse suite sizes and strong anchor tenants make it an attractive option for a variety of businesses looking to establish or expand their presence in this desirable area. A pad opportunity is also available at the center, offering additional development potential.

Property profile

Verified
Property type Retail properties & Spaces
Total area 207,525 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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