562-810-1282
13812 Newport Ave, Tustin, CA for Sale
Storefront - FOR SALE
1/6
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13812 Newport Ave
Tustin, CA 92780


HIGHLIGHTS

  • Booming Suburban Daytime Population
  • Highly Visible Location With Excellent Accessibility
  • Immediate NOI Growth Opportunity
  • Significant Surrounding Draw
  • Strong Tenant Tenure
  • Internet-Resistant, Daily Needs Tenant Mix

OVERVIEW

JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire Newport and Walnut Center (the “Property”), a fully-leased 9,624 square foot strip center located in Tustin, California. The Property is 100% occupied by eight tenants operating under below-market lease terms that average $3.23 per square foot per month, presenting significant upside potential through lease renewals and repositioning to current market rates. Strategically positioned just off the highly trafficked Newport Avenue and Interstate 5 freeway, the Property benefits from exceptional visibility and access that drives strong customer traffic and tenant performance. The tenant mix comprises sticky, necessity-based businesses with strong resistance to e-commerce disruption, providing stable cash flow from daily-needs services that maintain consistent demand regardless of economic conditions. This combination of stabilized occupancy, below-market in-place rents, and a prime Orange County location creates a compelling value-add investment opportunity with multiple pathways for income growth and value creation through active asset management.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,278 SF

ZONING

SP 12

APN/PARCEL ID

500-153-01,500-153-20

ASK ABOUT THIS PROPERTY

562-810-1282

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562-810-1282

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