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    FOR LEASE
    Retail space

    13112 Newport Ave, Tustin, CA 92780

    16,956 SF 1.36 ac lot Built 1979
    Entity Owned 15-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-2004299
    Property summary
    AI-generated overview

    This exceptional Tustin, CA property, known as Packers Square, presents a unique investment opportunity. Located at 13112 Newport Ave, 92780, this multi-tenant building boasts 49,931 square feet of space, ideally suited for medical offices and general retail businesses. Built in 1979 and renovated in 2005, the property sits on a substantial 198,198 square foot lot and offers ample parking with 172 spaces. The building is zoned PC Com and features five available spaces ranging from 1,210 to 7,600 square feet, catering to a variety of business needs. Its prime location on Newport Ave and Irvine Blvd ensures high visibility and accessibility, benefiting from over 35,000 vehicles passing daily. Situated near the 5 and 55 freeways, Packers Square enjoys convenient access for both local Tustin residents and the broader Orange County community. The surrounding area boasts strong demographics, with average household incomes exceeding $100,000, creating a robust local customer base. The property's APN is 500-111-10, 500-111-03, 500-111-11, and 500-111-04, and is located in Orange County, California. This is a rare opportunity to acquire a well-established property in a high-demand area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1979
    Total area 16,956 SF
    Lot 1.36 ac (59,167 SF)
    APN 500-111-03
    UPID US09-2004299
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Z-Ultimate Self Defense Studios Training Center Sports School
    • Silverspoon Wrap N' Roll Restaurant
    • Chabad of Tustin Church Mosque
    • Sabai Thai Massage Alternative Medicine Practice Spa & Massage Center
    • PACKERS SQUARE Business Service Center Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.17M
    Owner & transaction history
    Van Daele Woodbury E Dev LLC · 15 yrs held
    Van Daele Woodbury E Dev LLC
    since 2010
    3 recorded transactions
    2016
    2010
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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