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Investment Highlights
- Major Street Frontage
- Rental Income
- Free Surface Parked
- Space for an owner to occupy
Executive Summary
This premier Medical Office Building at 13522 Newport Avenue presents a rare owner-user opportunity in the heart of Tustin. Positioned on the high-visibility hard corner of Newport Avenue and Bryan Avenue, the property benefits from significant daily traffic—ideal for attracting patients and clientele.
The ±14,874 SF building offers approximately 7,437 SF on the second floor available for buyer occupancy, perfectly suited for a medical practice seeking ownership with the added benefit of passive income. The ground floor is fully leased to established medical tenants on long-term leases (5–10 years), ensuring a stable revenue stream.
The property features ample surface parking at a generous 6:1,000 SF ratio allowing the full building to accommodate medical office users. With direct access to I-5 and SR-55 and surrounded by retail and dining options, the location is both convenient and desirable. The local demographics further enhance the investment appeal, with a dense population and an average household income of $150,000 within a three-mile radius.
This is a turnkey opportunity for an owner-user or investor seeking long-term value in a strategic Orange County location.
The ±14,874 SF building offers approximately 7,437 SF on the second floor available for buyer occupancy, perfectly suited for a medical practice seeking ownership with the added benefit of passive income. The ground floor is fully leased to established medical tenants on long-term leases (5–10 years), ensuring a stable revenue stream.
The property features ample surface parking at a generous 6:1,000 SF ratio allowing the full building to accommodate medical office users. With direct access to I-5 and SR-55 and surrounded by retail and dining options, the location is both convenient and desirable. The local demographics further enhance the investment appeal, with a dense population and an average household income of $150,000 within a three-mile radius.
This is a turnkey opportunity for an owner-user or investor seeking long-term value in a strategic Orange County location.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
18,237 SF
Building Class
B
Year Built
1976
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,119 SF
Slab To Slab
11’
Building FAR
0.28
Lot Size
1.50 AC
Zoning
SP12 - Downtown Commercial Core
Parking
116 Spaces (6.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 500-162-01 | Improvements Assessment | $2,085,496 |
| Land Assessment | $1,914,041 | Total Assessment | $3,999,537 |
Property Taxes
Parcel Number
500-162-01
Land Assessment
$1,914,041
Improvements Assessment
$2,085,496
Total Assessment
$3,999,537
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13522 Newport Ave
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