2 Hutton Centre DrSanta Ana, CA 92707

Property Details for 2 Hutton Centre Dr

Year built

1960

Lot size

1.45 AC

Property size (Sq ft)

9,871 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

411-093-03

APU

41109303

Description

This exceptional ±2,160 square foot restaurant space is ideally situated at 2 Hutton Centre Drive, Suite 200, in Santa Ana, California. Located within a larger 13,468 square foot building situated on 1.1 acres of land, this second-generation restaurant offers a turnkey opportunity for a new culinary venture. The property boasts ample parking with 28 spaces available for patrons and staff. The single-tenant occupancy ensures exclusive use of the space, providing a unique opportunity to establish a strong brand presence. The property's prime location in Orange County, California, offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This vibrant area provides a strong customer base and significant potential for growth. The address is 2 Hutton Centre Drive, Suite 200, Santa Ana, CA 92707. The property is categorized as retail and restaurant space, specifically a second-generation restaurant. This ready-to-occupy space presents a significant advantage, minimizing the time and expense associated with build-out and allowing for a quicker launch of operations. The property's location within Orange County offers access to a diverse and affluent population, creating a favorable environment for a successful restaurant business. This is a rare opportunity to secure a well-positioned restaurant space in a highly desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,991,060

  6.5%

  $3,684,055

  7%

  $3,420,908

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,755,226

  Geo Method

  $8,755,226

• Alternative Use

  Use

  Valuation

  Residential

  $3,107,638

  Hospitality

  $2,846,580

  Educational

  $2,368,321

  Medical

  $2,449,772

  Retail

  $3,684,055

Location Insight

City

Santa Ana

County

Orange

State

California

Latitude

33.6996

Longitude

-117.865

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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