Technical
Financial
Distress signals
Property profile

600 Commonwealth Ave Fullerton, CA 92832

OFF-MARKET
Retail properties & Spaces
Property ID
US09-3116627
1,754 SF Built 2021
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 1,754-square-foot retail or restaurant space is located at 600 W Commonwealth Ave in Fullerton, California, 92832, within Orange County. Built in 2021, this single-story building offers a blank canvas for a discerning tenant seeking a turnkey opportunity. The property is currently vacant and in shell condition, providing complete flexibility for build-out to suit specific business needs. The space is ideally situated as a community amenity, complementing the nearby 290-unit residential complex boasting a 94% occupancy rate. Residents enjoy an array of amenities including a saltwater pool, fireplaces, clubhouse, social lounges and gaming areas, co-working space, rooftop lounge, barbecues, EV charging stations, bike storage, Luxer package receivers, and fiber optic internet. The pet-friendly community is conveniently located within walking distance of Downtown Fullerton's vibrant shopping, dining, and entertainment scene. Excellent access to public transportation, including rail and freeway access, is also a key advantage. The property's proximity to Fullerton College and California State University, Fullerton, further enhances its appeal. This presents a unique opportunity to establish a thriving business in a thriving community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021
Total area 1,754 SF
UPID US09-3116627

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex
  • Apartment Building
  • Auto Repair Shop

Location

600 Commonwealth Ave Fullerton, CA 92832
Fullerton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
6 recorded transactions
2021
$98.5M
2018
Price N/A
2018
Price N/A
2018
$19.8M
2017
Price N/A
2017
$15.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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