2035 Tustin Ave Santa Ana, CA 92705-7818
- Showrooms
- 1,764 SF
- 0.95 lot acres
Jul 30, 2021
Current Use by Public Records
- Speedie Clean Express Car Wash / Car Wash / Car Detailing Service
Property Details for 2035 Tustin Ave
- Year built
- 1990
- Lot size
- 0.95 lot acres
- Property size
- 1,764 SF
- Property type
- Showrooms
- APN
- 396-291-07
- APU
- 39629107
Description
This exceptional investment opportunity presents a thriving, recession-resistant express car wash in Santa Ana, California. Located at 2035 N Tustin Ave, in Orange County, this property boasts a prime location on a 0.95-acre lot. The existing building offers 6,000 square feet of well-maintained space, currently operating as a successful car wash business. The property is offered under a triple-net (NNN) lease, with a long-term lease commencing October 23, 2023, and expiring October 24, 2053, providing significant stability and predictable income. The property's classification is Class B, and the tenancy is single. The Net Operating Income (NOI) is a substantial $900,000, making this an attractive investment for discerning buyers. The property is categorized as Land, Mixed Use, Retail, and Special Purpose, reflecting its versatile nature and potential for future development or expansion. Note that a second location is also available. This is a rare opportunity to acquire a well-established, high-performing car wash business with a long-term lease in a desirable California market. The property's address is 2035 N Tustin Ave, Santa Ana, CA 92705.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $7,815,000
- ML approach
- $7,410,000
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Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.835
- Latitude
- 33.7645
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
