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1140-1232 N Tustin St
Orange, CA 92867
Retail Property For Sale
Investment Highlights
- Large 3.46-Acre Lot, Offering a Land Value of $73/SF, Materially Below Prevailing Orange County Retail Land Values
- Flexible Lease Terms Providing Landlord Full Control Over Lease Economics
- Excellent Visibility Near Intersection of Tustin St. (±39,400 VPD) and Katella Ave. (±35,000 VPD)
- Under Market Rents Averaging $1.33/SF Gross, Well Below Comparable Neighborhood Retails Centers Along Tustin St.
- Well Below Replacement Cost at Approximately $230/SF
- Dense Infill Trade Area with Approximately 168,000 Residents, Average Household Incomes in Excess of $152,000 and Over 109,000 Daytime Employees
Property Facts
Property Type
Retail
Property Subtype
Building Size
47,804 SF
Building Class
B
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
3.46 AC
Zoning
C-TR - Limited Business - Tustin Redevelopment Project Area
Parking
208 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Atrium
- Corner Lot
- Courtyard
- Food Court
- Pylon Sign
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,889,043 | |
| Land Assessment | $2,876,247 | Total Assessment | $5,765,290 |
Property Taxes
Parcel Numbers
Land Assessment
$2,876,247
Improvements Assessment
$2,889,043
Total Assessment
$5,765,290
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