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658 N Tustin St 9,980 SF Retail Building Orange, CA 92867 $5,082,000 ($509.22/SF) 5.50% Cap Rate
Investment Highlights
- 100% leased to BMD Material Distributors, Inc. through April 30, 2028, offering investors stable, in-place cash flow backed by an established tenant.
- Strategically positioned along North Tustin Street, the property benefits from excellent visibility with 138 feet of frontage.
- Lease Term & Reversion Opportunity.
- Situated on a 0.60-acre parcel zoned C-1 (Neighborhood Commercial), the property offers both functional utility and long-term upside potential.
Executive Summary
658 North Tustin Street consisting of approximately 9,980 square feet, This single story retail building is 100% leased to BMD and is located in the prestigious city of Orange.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,980 SF
Building Class
B
Year Built
1961
Price
$5,082,000
Price Per SF
$509.22
Cap Rate
5.50%
NOI
$279,546
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.60 AC
Zoning
C-1, Orange - Commercial
Parking
32 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
138’ on Tustin
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 386-191-04 | Improvements Assessment | $312,783 |
| Land Assessment | $1,109,006 | Total Assessment | $1,421,789 |
Property Taxes
Parcel Number
386-191-04
Land Assessment
$1,109,006
Improvements Assessment
$312,783
Total Assessment
$1,421,789
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658 N Tustin St
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