3237 E Chapman Ave - Freestanding FOR SALE


Orange, CA 92869
$3,017,000 USD
949-725-8582
3237 E Chapman Ave, Orange, CA for Sale
$3,017,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

3237 E Chapman Ave
Orange, CA 92869


HIGHLIGHTS

  • Significant Repositioning Potential
  • Rare Double Drive-Thru Configuration
  • High-Traffic, Easily Accessible Location

OVERVIEW

* Best of All Worlds Investment – Few investment properties come to market in Orange County, let alone assets in the highly coveted City of Orange with reposition-redevelopment potential for investor, developer, and owner-user buyers * Significant Repositioning Potential – With the ±0.50-acre site, ±1,800 SF building, and C-1 zoning, the property has the potential to be repositioned or redeveloped into a variety of commercial uses * Rare Double Drive-Thru Configuration – 3237 E Chapman features two drive-thrus in its current configuration, enhancing the property’s flexibility and future leasing prospects * High-Traffic, Easily Accessible Location – 3237 E Chapman sits at the corner of E Chapman Ave (±56,600 CPD) and Prospect St (±21,600 CPD), under 1 mile away from the 55 Freeway (±286,500 CPD), making the property easily accessible to local and regional customers * Neighboring Grocery Anchored Center – Directly across Prospect St, Saddleback Plaza consists of Stater Bros. Markets, 24 Hour Fitness, In-N-Out Burger, Wells Fargo Bank and Valero providing an excellent cross shopping experience

FOR SALE DETAILS

PRICE

$3,017,000 USD

PRICE/SF

$1,676 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C-1

APN/PARCEL ID

383-093-11

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.