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14252-14262 Newport Ave
Tustin, CA 92780
Retail Property For Sale
Investment Highlights
- The offering consists of one 1,912 SF single-tenant restaurant plus a 6,500 SF multi-tenant strip building.
- he surrounding area boasts a diverse and affluent demographic, with a strong population density and high average household income.
- Positioned in a bustling commercial zone, the retail strip center benefits from significant foot traffic, attracting potential customers.
- The property is conveniently situated near major freeways, including the I-5 and I-55, providing seamless connectivity to surrounding areas.
- he property currently consists of short-term leases operating at below market rents and on modified gross leases.
- The property offers an attractive opportunity for owner-users, allowing for restaurant and/or liquor store owners to own their location.
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,412 SF
Building Class
C
Year Built
1965
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.89 AC
Parking
32 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
140’ on Newport
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 432-081-02 | Improvements Assessment | $290,537 |
| Land Assessment | $172,867 | Total Assessment | $463,404 |
Property Taxes
Parcel Number
432-081-02
Land Assessment
$172,867
Improvements Assessment
$290,537
Total Assessment
$463,404
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