1071 Tustin AveAnaheim, CA 92807

Property Details for 1071 Tustin Ave

Year built

1990

Lot size

1.21 AC

Property size (Sq ft)

23,520 SF

Property type

Showrooms

APN

345-181-05

APU

34518105

Description

This exceptional retail opportunity is located in a vibrant Anaheim, California strip center at 1071 & 1081 N Tustin Ave, situated at the cross streets of N Tustin Ave and E LaPalma Ave. The property, identified by APN 345-181-03 & 05, offers a total of 26,626 square feet of retail space, with 7,262 square feet currently vacant and available for lease. The building underwent renovations in 2019, ensuring modern amenities for tenants. Spaces are divisible, with a minimum leasable area of 1,005 square feet and a maximum contiguous space of 2,183 square feet, providing flexibility for various business needs. This prime location in the Orange County submarket, within the city of Anaheim (zip code 92807), presents a unique chance to establish or expand a retail presence in a high-traffic area. The property's multiple tenancy structure offers a diverse and thriving retail environment. This is an excellent opportunity for businesses seeking a well-maintained space in a desirable Orange County location. The property is conveniently located and easily accessible.

• CAP approach

  CAP return

  Valuation

  6%

  $8,575,022

  6.5%

  $7,915,406

  7%

  $7,350,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,726,681

  Geo Method

  $11,509,719

• Alternative Use

  Use

  Valuation

  Residential

  $6,676,940

  Hospitality

  $6,116,042

  Educational

  $5,088,475

  Medical

  $5,263,476

  Retail

  $7,915,406

Location Insight

City

Anaheim

County

Orange

State

California

Latitude

33.8543

Longitude

-117.839

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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