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28760950
28760951

140 W Wilshire Ave, Fullerton, CA 92832

PK
01446947, CA 01446947 (+1)
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$3,636,000
183 days on market
Updated 80 days ago

Downtown Fullerton Net Leased Retail

Details
APN 032-232-02
Property Type Retail
Sub Type Storefront
Square Footage 4,400
Net Rentable (SqFt) 7,841
Cap Rate 5.00%
NOI $181,486
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 05/31/2027
Remaining Term 1
Rent Bumps Yes
Lease Options One option to extend
Price per SqFt $826
Year Built 1949
Stories 1
Lot Size (SqFt) 7,841
Zoning C-3 ROD: Central Business District Commercial - Restaurant Overlay District
Investment Type Net Lease

Retail | 5.00% CAP | 4,400 SqFt

Marketing description

Located in the heart of Downtown Fullerton’s bustling restaurant, retail, and nightlife corridor, this well maintained single-tenant retail asset is fully leased to Casa Bonita, a premier wedding and event venue operator. The tenant has established a strong regional following, benefiting from constant pedestrian and vehicle traffic in this dynamic urban district.


The property provides investors with stable, predictable income through an absolute NNN lease structure with no landlord obligations. Situated just steps from Harbor Boulevard and Wilshire Avenue, the building sits among Downtown Fullerton’s most popular restaurants, breweries, and entertainment destinations, ensuring year round visibility and strong tenant performance. With its walkable, amenity-rich environment and proximity to Cal State Fullerton, the Fullerton Transportation Center, and major arterial freeways, this asset offers investors a rare opportunity to own a passive, cash-flowing property in one of Orange County’s most vibrant historic downtowns.

Investment highlights

Listing Contacts

PK
01446947, CA 01446947 (+1)
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$181,486.00
$15,123.83/mo

Valuation Metrics

0
DSCR
4.99%
Cap Rate
4.99%
ROI

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