1981 N Tustin St - Restaurant FOR SALE


Orange, CA 92865
$5,595,000 USD
949-724-5552
1981 N Tustin St, Orange, CA for Sale
$5,595,000 USD
Restaurant - FOR SALE
1/6
null | 5.53% Cap Rate

1981 N Tustin St
Orange, CA 92865


HIGHLIGHTS

  • Rare Orange County Retail Strip Center – 100% Occupancy - 3 - 4% Annual Rent Increases - Hedge Against Inflation 
  • WALT Over 5 Yrs Providing Certainty of Long Term Income & Reducing Near Term TI & LC Costs
  • Doña Meche - 25 years at this Location - Community Staple Restaurant
  • A+ Location on Tustin Street – Central Orange County - High Traffic Retail Location - Over 39,600 VPD - Adjacent to 55 Freeway - Over 230,300 VPD 
  • Over 468,400 people living within a 5-Mile Radius - Upscale Population – AHI of $156,400 within a 3-Mile Radius

FOR SALE DETAILS

PRICE

$5,595,000 USD

PRICE/SF

$2,097 USD /SF

CAP RATE

5.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commodore Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

372-311-01

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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

Jereme SnyderColliersMore Info
949-724-5552

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