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.