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24737008
24737009

7941-7951 Whitaker St, Buena Park, CA 90621

JW
01209891
First Team Real Estate Newport Beach
Listed by First Team Real Estate Newport Beach
$3,500,000
323 days on market
Updated 147 days ago

Auto Body & Sales

Details
APN 277-052-17, 277-052-26,277-052-18
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 6,962
Net Rentable (SqFt) 6,962
Units 2
Cap Rate 4.80%
Tenancy Multi
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 03/01/2033
Remaining Term 8
Rent Bumps Yes
Lease Options 1/5yr
Broker Co-Op Yes
Class B
Buildings 2
Stories 1
Lot Size (SqFt) 25,603
Zoning Commercial/Auto
Investment Type Value Add
Tenant Credit No Credit Rating
Lease Commencement 03/01/2023
Loading Docks 2
Sale Condition 1031 exchange

Industrial | 4.80% CAP | 6,962 SqFt

Marketing description

NNN Lease Investment Opportunity – Auto Body Shop & Auto Sales
Address: 7951–7957 Whitaker

Body Shop NNN Lease can be sold Separately, 2,000,000

Auto Sales NNN Lease can be sold Separately 1.500,000

Property Highlights:

  • Auto Body Shop:
    • 4,300 sq. ft. building
    • 14,100 sq. ft. lot size
    • NNN Lease in place – stable income stream

  • Auto Sales Facility:
    • 2,662 sq. ft. building
    • 10,743 sq. ft. lot size

  • Flexibility: Properties can be sold together or separately.


Prime location with excellent visibility and traffic
Strong tenant profile & established businesses

Great long-term investment with income potential
Rare opportunity to own both auto body + auto sales facilities in one package

Investment highlights

Body Shop 8 year Remaining with 1/5-year Option 3% Per Year Increases Occupies 4,300 Sq Ft

Car Dealer 3 year remaining 5% Per Year Increases Occupies 2,663 Sq Ft

NNN Leases NOI 167,000

Listing Contacts

JW
01209891
First Team Real Estate Newport Beach
Listed by First Team Real Estate Newport Beach

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