2730-2738 N Bristol St - Freestanding FOR SALE


Santa Ana, CA 92706- Riverglen
$5,300,000 USD
702-575-0504
2730-2738 N Bristol St, Santa Ana, CA for Sale
$5,300,000 USD
Freestanding - FOR SALE
1/8
null | 5.25% Cap Rate

2730-2738 N Bristol St
Santa Ana, CA 92706
Riverglen


HIGHLIGHTS

  • Fully occupied 6-tenant NNN retail investment property
  • Upside potential with short-term lease (liquor store lease expires in late 2026)
  • Liquor store operator could buy the property and operate in existing liquor store space
  • Investor could split the 3,000sf liquor store space to achieve higher rents from small units
  • Small units with a diverse tenant mix
  • Excellent central Orange County location near MainPlace Mall and The Outlets at Orange

OVERVIEW

Lee & Associates - Newport Beach is pleased to exclusively offer for sale the multitenant NNN leased investment Bristol Center located at 2730-2740 N Bristol St in Santa Ana, CA. Stragetically located near more than 2 million square feet of regional retail in MainPlace Mall and The Outlets at Orange. It is also located near the “Orange Medical District” which is home to CHOC Hospital Orange and St Jospehs Providence Hospital, in addition to countless square feet of medical office. This central Orange County 6-tenant fully occupied retail center has a diverse tenant mix along with upside potential. The liquor store has limited lease term remaining with no renewal options. An owner/user could purchase the property and occupy the liquor store’s space, a savvy investor could extend the liquor store’s lease to realize upside at fair market rent, or split the 3,000sf space into smaller units. Suite 2738 & 2740 were formerly a 1,500sf retail unit that was recently split into two 750sf units and both leased in less than 30 days which is a testament for the demand for smaller spaces in this market.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$757 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bristol Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,378 SF

ZONING

C-1

APN/PARCEL ID

002-261-08,002-261-19

ASK ABOUT THIS PROPERTY

Brian BarsonLee & Associates - Newport BeachMore Info
702-575-0504

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Brian BarsonLee & Associates - Newport BeachMore Info
702-575-0504

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