100 N Tustin Avenue

  • Orange

  • $6,450,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Steady cap rate of 4.8%! Great net income in place for stable cashflow. Actual income of $409,680. This includes rent and CAM. Rent is below market. Big potential to increase. Low expense:$99,705 (Includes estimated new property tax!) Eight tenants insisting of a liquor store, medical related, and restaurants. Right off the 91 and 55 freeways. Major cross streets are Tustin Ave. & Santa Ana Canyon Road with traffic counts over 30,000 cars per day. Building is 18,055 sq. ft. Large 1.3 acre lot. Plenty of parking. Drive by only. Do not disturb tenants.
Essential
MLS #AR18114391
Price Per SqFt$357.24
Sub-TypeRetail
CountyOrange
StateCA
Area699 - Not Defined
StatusActive
Sale TypeStandard
Building StatusExisting
Land UseRetail
Listing BrokerageRE/MAX 1000 Realty
Listing AgentBenjamin Lin
Listing Agent BRE #01383988

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, May 17, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.