3502 1st St Santa Ana, CA 92703-3302
This exceptional 2,450 square foot restaurant property in Santa Ana, California, presents a unique investment opportunity. Located at 3502 W 1st St, 92703, within the vibrant Little Saigon business district, this single-tenant retail space is fully built-out and ready for immediate occupancy. The property boasts a substantial private lot providing ample parking for patrons. Its strategic location offers high visibility and accessibility, benefiting from significant foot and vehicle traffic. The restaurant's potential for drive-thru service further enhances its operational efficiency and revenue potential. This prime location is adjacent to other thriving retail establishments and a planned mixed-use development comprising a nine-story building with 181 luxury condo units. This proximity to a new luxury residential complex ensures a consistent flow of potential customers. The property's existing build-out minimizes upfront costs, allowing for a swift and efficient transition for new operators. This turnkey solution in a high-demand area makes it an ideal investment for experienced restaurateurs seeking a well-established location or entrepreneurs looking to establish a new culinary venture in a thriving community. The property is situated in Orange County, California.
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Favori Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.