1128 S Standard Ave - Retail FOR SALE


Santa Ana, CA 92701- Cornerstone Village
$2,961,000 USD
949-350-5431
1128 S Standard Ave, Santa Ana, CA for Sale
$2,961,000 USD
Retail - FOR SALE
1/6
null | 5.49% Cap Rate

1128 S Standard Ave
Santa Ana, CA 92701
Cornerstone Village


HIGHLIGHTS

  • Irreplaceable Neighborhood Retail Strip Serving One of Orange County's Densest Hispanic Trade Areas
  • 100% Occupied by a Curated Mix of Daily-Needs, Culturally-Aligned Retailers (Fish Market, Bakery/Tortilleria, Beauty Salon) — Internet-Resistant
  • Adjacent to the New Gerardo Mouet Park — A Multi-Million Dollar Public Investment That Will Drive Permanent Foot Traffic to the Trade Area

OVERVIEW

--Irreplaceable Neighborhood Retail Strip Serving One of Orange County's Densest Hispanic Trade Areas --100% Occupied by a Curated Mix of Daily-Needs, Culturally-Aligned Retailers (Fish Market, Bakery/Tortilleria, Beauty Salon, Discount Store) — Internet-Resistant and Recession-Resilient by Nature --Adjacent to the New Gerardo Mouet Park (Currently Under Construction at the Northeast Corner of Standard & McFadden) — A Multi-Million Dollar Public Investment That Will Drive Permanent Foot Traffic to the Trade Area ---Rare Santa Ana Infill Offering--- --Cultural Anchor in a Captive Trade Area — The Property Serves as a Daily-Needs Destination for One of Orange County's Most Densely Populated and Culturally Cohesive Hispanic Submarkets, Where Specialty Tenants Build Generational Customer Loyalty That National Brands Cannot Replicate --100% Occupied with Long-Term Lease Stability — All Four Leases Run Through 2029 or Beyond, Providing Stable In-Place Cash Flow with Zero Near-Term Rollover Risk --Specialty Tenant Mix with Generational Customer Loyalty — Tortilleria, Panaderia, Carniceria, Fish Market, Beauty Salon, and Discount Store — Tenant Categories That Have Historically Demonstrated Strong Sales Performance and Long-Term Operator Commitment in Hispanic Neighborhood Centers ---Strong Real Estate Fundamentals--- --Brand New Adjacent Public Park — The City of Santa Ana Is Currently Constructing Gerardo Mouet Park Immediately Northeast of the Property at the Corner of Standard & McFadden, Adding Permanent Green Space, Pedestrian Activity, and Community Investment Directly to the Subject's Trade Area --Active Public Infrastructure Investment — Standard Avenue Is Currently Receiving Significant Public Improvements Through the City's Safe Mobility Santa Ana Plan, Including Protected Bike Lanes, a New Traffic Signal at Bishop Street, ADA Upgrades, and 64 Additional Parking Spaces Along Standard Avenue Alone --Densely Populated Central Santa Ana Trade Area — ZIP 92701 Features One of the Highest Population Densities in Orange County (±648,000 Residents Within Five Miles) --Excellent Connectivity to Downtown Santa Ana — Quick Access to the Santa Ana Civic Center, Downtown Santa Ana, the 5 Freeway, and the 55 Freeway

FOR SALE DETAILS

PRICE

$2,961,000 USD

PRICE/SF

$672 USD /SF

CAP RATE

5.49%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Standard Avenue Shopping Strip

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,269 SF

ZONING

-

APN/PARCEL ID

011-255-05

ASK ABOUT THIS PROPERTY

Ron DuongMarcus & MillichapMore Info
949-350-5431

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Ron DuongMarcus & MillichapMore Info
949-350-5431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.