Log In/Sign Up
Your email has been sent.
Signalized Corner Auto | Investor/Owner-User 1440 S Broadway 1,038 SF Retail Building Santa Ana, CA 92707 $1,100,000 ($1,059.73/SF) 5.09% Cap Rate



INVESTMENT HIGHLIGHTS
- LISTING BROKER IS ALSO SERVING AS COURT APPOINTED REFEREE. SALE SUBJECT TO COURT CONFIRMATION AND POSSIBLE OVERBID. CONTACT BROKER FOR DETAILS.
- Single-tenant auto repair and tire shop on a triple-net (besides property taxes) lease through February 2027.
- High-traffic intersection with combined counts of nearly 40,000 vehicles per day.
- Signalized hard-corner location at South Broadway and Edinger Avenue with excellent visibility and access.
- General Commercial (GC) zoning allows for a wide range of future commercial uses (buyer to verify).
- Located in a dense Orange County submarket with over 282,000 residents within 3 miles.
EXECUTIVE SUMMARY
The CREM Group is pleased to present for sale 1440 South Broadway, a freestanding auto repair property located at the signalized northwest corner of South Broadway and Edinger Avenue in Santa Ana, California. The offering consists of approximately 1,038 square feet of improvements situated on a generous 14,375-square-foot lot, currently occupied by a single-tenant auto repair and tire shop.
The existing triple-net (NNN) lease runs through February 2027, with the tenant responsible for all operating expenses except real property taxes. The absence of extension options provides flexibility for both owner-user buyers or investors seeking a cash-flowing asset with strong underlying land value.
The property benefits from excellent frontage and access on both South Broadway and Edinger Avenue, with a combined traffic count of nearly 40,000 vehicles per day. Its high-visibility, signalized corner position makes it ideal for a variety of commercial uses in accordance with the General Commercial (GC) designation within the City of Santa Ana’s General Plan (buyer to verify for its intended use).
Listing broker is also serving as the court-appointed referee for the sale of the property. The sale is subject to court confirmation and may be subject to overbid. Broker makes no representations or warranties regarding the condition, history, or compliance status of the property and shall not be responsible for inspections, repairs, reports, or retrofit requirements prior to closing. Prospective buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves as to all aspects of the property.
The existing triple-net (NNN) lease runs through February 2027, with the tenant responsible for all operating expenses except real property taxes. The absence of extension options provides flexibility for both owner-user buyers or investors seeking a cash-flowing asset with strong underlying land value.
The property benefits from excellent frontage and access on both South Broadway and Edinger Avenue, with a combined traffic count of nearly 40,000 vehicles per day. Its high-visibility, signalized corner position makes it ideal for a variety of commercial uses in accordance with the General Commercial (GC) designation within the City of Santa Ana’s General Plan (buyer to verify for its intended use).
Listing broker is also serving as the court-appointed referee for the sale of the property. The sale is subject to court confirmation and may be subject to overbid. Broker makes no representations or warranties regarding the condition, history, or compliance status of the property and shall not be responsible for inspections, repairs, reports, or retrofit requirements prior to closing. Prospective buyers are advised to conduct their own independent investigations and due diligence to satisfy themselves as to all aspects of the property.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$69,556
|
$67.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$69,556
|
$67.01
|
| Taxes |
$13,530
|
$13.03
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$13,530
|
$13.03
|
| Net Operating Income |
$56,026
|
$53.97
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $69,556 |
| Annual Per SF | $67.01 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $69,556 |
| Annual Per SF | $67.01 |
| Taxes | |
|---|---|
| Annual | $13,530 |
| Annual Per SF | $13.03 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $13,530 |
| Annual Per SF | $13.03 |
| Net Operating Income | |
|---|---|
| Annual | $56,026 |
| Annual Per SF | $53.97 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,038 SF
Building Class
C
Year Built
1965
Price
$1,100,000
Price Per SF
$1,059.73
Cap Rate
5.09%
NOI
$56,026
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.33 AC
Zoning
R1/GC
Frontage
AMENITIES
- Corner Lot
- Dedicated Turn Lane
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Alex Tires
- -
- -
- -
- Feb 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Alex Tires | - | - | - | Feb 2027 |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 013-172-30 | Total Assessment | $1,137,827 (2025) |
| Land Assessment | $1,072,405 (2025) | Annual Taxes | $13,530 ($13.03/SF) |
| Improvements Assessment | $65,422 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
013-172-30
Land Assessment
$1,072,405 (2025)
Improvements Assessment
$65,422 (2025)
Total Assessment
$1,137,827 (2025)
Annual Taxes
$13,530 ($13.03/SF)
Tax Year
2024
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Signalized Corner Auto | Investor/Owner-User | 1440 S Broadway
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
