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Bristol Center 2730-2738 N Bristol St 7,000 SF 100% Leased Retail Building Santa Ana, CA 92706 $4,841,000 ($691.57/SF) 5.75% Cap Rate
Investment Highlights
- Fully occupied 6-tenant NNN retail investment property
- Excellent central Orange County location near MainPlace Mall and The Outlets at Orange
- Surrounded by dense residential
- Small units with a diverse tenant mix
- Just south on Bristol St from the “Orange Medical District”
Executive Summary
MAJOR PRICE REDUCTION!
Lee & Associates - Newport Beach is pleased to exclusively offer for sale the multitenant NNN leased investment Bristol Center located at 2730-2740 N Bristol St in Santa Ana, CA. Stragetically located near more than 2 million square feet of regional retail in MainPlace Mall and The Outlets at Orange. It is also located near the “Orange Medical District” which is home to CHOC Hospital Orange and St Jospehs Providence Hospital, in addition to countless square feet of medical office.
This central Orange County 6-tenant fully occupied retail center presents the opportunity for an investor to acquire a stabilized retail asset in one of the most dense parts of Orange County. Adolfo’s Liquor Store has operated here since 1960 and recently extended its lease - a reflection of the strength of the location. Suite 2738 & 2740 were formerly a 1,500sf retail unit that was recently split into two 750sf units and both leased in less than 30 days which is a testament for the demand for smaller spaces in this market.
Lee & Associates - Newport Beach is pleased to exclusively offer for sale the multitenant NNN leased investment Bristol Center located at 2730-2740 N Bristol St in Santa Ana, CA. Stragetically located near more than 2 million square feet of regional retail in MainPlace Mall and The Outlets at Orange. It is also located near the “Orange Medical District” which is home to CHOC Hospital Orange and St Jospehs Providence Hospital, in addition to countless square feet of medical office.
This central Orange County 6-tenant fully occupied retail center presents the opportunity for an investor to acquire a stabilized retail asset in one of the most dense parts of Orange County. Adolfo’s Liquor Store has operated here since 1960 and recently extended its lease - a reflection of the strength of the location. Suite 2738 & 2740 were formerly a 1,500sf retail unit that was recently split into two 750sf units and both leased in less than 30 days which is a testament for the demand for smaller spaces in this market.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
1969/2025
Price
$4,841,000
Price Per SF
$691.57
Cap Rate
5.75%
NOI
$278,377
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.51 AC
Zoning
C-1 - Community Commercial
Parking
30 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
139’ on N Bristol St
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $363,103 | |
| Land Assessment | $572,072 | Total Assessment | $935,175 |
Property Taxes
Parcel Numbers
Land Assessment
$572,072
Improvements Assessment
$363,103
Total Assessment
$935,175
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