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Property profile & analytics
OFF-MARKET
Showrooms

5871 Westminster Blvd Westminster, CA 92683-3580

0.43 ac lot
Trust Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0862520
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of a well-established hair and nail salon in Westminster, California. Located in a prime shopping center at 5871 Westminster Blvd, 92683, this 1,200 square foot business boasts a stellar reputation, evidenced by numerous 5-star reviews on Yelp and Google. Operating successfully for over two decades, the salon benefits from a loyal customer base and consistent revenue streams. The asking price is $75,000, representing a price per square foot of $62.50. The sale includes all equipment and fixtures, encompassing multiple hair and nail stations, pedicure spa chairs, a washer and dryer, a wall-mounted TV, and additional space for waxing, facials, and other beauty services. A new 5-year lease commencing July 1, 2023, under a NNN lease structure, provides long-term financial stability. The salon's strategic location, immediately off the 405 freeway at the Westminster Boulevard access point, ensures high visibility and accessibility within a densely populated residential area and thriving commercial corridor. This turnkey operation is ideal for an experienced salon owner seeking an established business or a new operator looking to enter the market. The business is situated in the Hanson Center.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Lot 0.43 ac (18,626 SF)
APN 203-292-36
UPID US09-0862520
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
  • Star Bright Dental Dental Office
  • Ham 'n Scram Restaurant
  • The Fruiting Body (Bike/Boat/Book/etc) Store Cosmetic Store
  • Villa Spa Alternative Medicine Practice Spa & Massage Center
  • Dr. Cuong Nguyen Dental 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
by Request
Owner & transaction history
Luong Trust · 20 yrs held
Luong Trust
since 2005
6 recorded transactions
2005
Price N/A
2001
$236,500
2000
Price N/A
2000
$130,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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