$6,450,000 100 N Tustin Avenue Orange, CA

MLS: AR18114391   Type: Commercial   County: Orange   City: Orange   Zip: 92807   Style: Retail     Stories: 1

Mortgage $30,282 /mo



Half Baths

Sqr Footage

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Steady cap rate of 4.8%! Great net income in place for stable cashflow. Actual income of $409,680. This includes rent and CAM. Rent is below market. Big potential to increase. Low expense:$99,705 (Includes estimated new property tax!) Eight tenants insisting of a liquor store, medical related, and restaurants. Right off the 91 and 55 freeways. Major cross streets are Tustin Ave. & Santa Ana Canyon Road with traffic counts over 30,000 cars per day. Building is 18,055 sq. ft. Large 1.3 acre lot. Plenty of parking. Drive by only. Do not disturb tenants.

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Price History

5/15/2018 Listed $6,820,000
5/17/2018 6% - $6,450,000

Building Name Canyon Terrance Retail Center
Directions CrossStreets: Tustin/First Street
Listing Agent Benjamin Lin - BRE#01383988
Listing Agent State License 01383988
MLS Area 699 - Not Defined
Price Per Square Foot 357.24
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Condo Area Unit Type Square Feet
Laundry Features See Remarks
Total Stories 1

Exterior Features

Building Area Total 18055.00
Land Use Retail
Lot Size Source Assessor
Water Source Public

Property Schools

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Property vs Zip Code Avg (92807)

Price 6.45M Avg 2.28M

Sqr Feet 18,055 Avg 7,934

Cost / Sqr Ft $357 Avg $288

Visits 118 Avg 109

Days on Site 99 Avg 175

Walkscore® 56 Avg 59

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Listing Provided Courtesy Of: Benjamin Lin with RE/MAX 1000 Realty.

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Location & Address

The Kurt Real Estate Group - Kurt Galitski
2973 Harbor Blvd. #532
Costa Mesa, CA

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