1925 N Tustin St - Auto Dealership FOR SALE


Orange, CA 92865
$3,146,000 USD
949-725-8582
1925 N Tustin St, Orange, CA for Sale
$3,146,000 USD
Auto Dealership - FOR SALE
1/5
null | 5.15% Cap Rate

1925 N Tustin St
Orange, CA 92865


HIGHLIGHTS

  • Dominant National Brand – Enterprise Car Sales is a division of Enterprise Mobility, one of the largest transportation companies globally
  • Corporate NNN Ground Lease – 100% leased single-tenant NNN ground lease
  • Recent Capital Improvements – The tenant recently completed approximately $1,000,000 in capital improvements

OVERVIEW

* Dominant National Brand – Enterprise Car Sales is a division of Enterprise Mobility, one of the largest transportation companies globally. Enterprise operates a global network under the Enterprise, National, and Alamo brands, with over 9,500 locations in +90 countries, backed by more than $35 billion in annual revenue * Corporate NNN Ground Lease – 100% leased single-tenant NNN ground lease, the most secure form of real estate investment. Enterprise is operating under a 40-year lease (August 2036 expiration), with scheduled rent increases every 5 years including two 5-year option periods * Recent Capital Improvements – The tenant recently completed approximately $1,000,000 in capital improvements, with additional parking lot and landscaping upgrades scheduled, demonstrating the strong commitment to this location * High-Traffic, Easily Accessible Location – Enterprise is located directly off N Tustin St (±39,000 CPD), with convenient access to the 55 Freeway (±231,000 CPD), making the property visible and easily accessible to local and regional customers * North Tustin Street Retail Hub – Situated in the retail hub of Orange, credit tenants within a 0.5-mile radius include: Home Depot, Target, Raising Cane’s, Trader Joe’s, Turner’s Outdoorsman, 24 Hour Fitness, HomeGoods, Starbucks, Chevron, and more

FOR SALE DETAILS

PRICE

$3,146,000 USD

PRICE/SF

$819 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Enterprise

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-TR

APN/PARCEL ID

372-312-35

ASK ABOUT THIS PROPERTY

Erin SmithCBREMore Info
949-725-8582

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Erin SmithCBREMore Info
949-725-8582

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