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33885948
33885949

13812 Newport Ave, Tustin, CA 92780

DT
CA CA 01959818, NV #S.0189603
JLL - Irvine (Orange County), California
GL
CA CA 01385740, NV #S.0189602
JLL - Irvine (Orange County), California
GT
CA 01435512
JLL - Los Angeles (West), California
Listed by JLL - Irvine (Orange County), California, JLL - Los Angeles (West), California
Unpriced
8 days on market
Updated 8 days ago

Newport and Walnut Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 9,624
Cap Rate 5.14%
NOI $369,922
Occupancy 100%
Tenancy Multi
Price per SqFt $748
Year Built 1988
Buildings 1
Investment Type Value Add

9,624 SqFt

Marketing description

JLL has been exclusively retained by Ownership to offer qualified investors the exciting opportunity to acquire Newport and Walnut Center (the "Property"), a fully-leased 9,624 square foot strip center located in Tustin, California. The Property is 100% occupied by eight tenants operating under below-market lease terms that average $3.23 per square foot per month, presenting significant upside potential through lease renewals and repositioning to current market rates. Strategically positioned just off the highly trafficked Newport Avenue and Interstate 5 freeway, the Property benefits from exceptional visibility and access that drives strong customer traffic and tenant performance.

The tenant mix comprises sticky, necessity-based businesses with strong resistance to e-commerce disruption, providing stable cash flow from daily-needs services that maintain consistent demand regardless of economic conditions. This combination of stabilized occupancy, below-market in-place rents, and a prime Orange County location creates a compelling value-add investment opportunity with multiple pathways for income growth and value creation through active asset management.

Investment highlights

  • Booming Suburban Daytime Population
  • Highly Visible Location With Excellent Accessibility
  • Immediate NOI Growth Opportunity
  • Significant Surrounding Draw
  • Strong Tenant Tenure
  • Internet-Resistant, Daily Needs Tenant Mix
  • Compelling Mark-To-Market Opportunity

Listing Contacts

DT
CA CA 01959818, NV #S.0189603
JLL - Irvine (Orange County), California
GL
CA CA 01385740, NV #S.0189602
JLL - Irvine (Orange County), California
GT
CA 01435512
JLL - Los Angeles (West), California
Listed by JLL - Irvine (Orange County), California, JLL - Los Angeles (West), California

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Loan Amount
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$369,922.00
$30,826.83/mo

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Map

Zoning

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DCCSP SpecialDowntown Commercial Core Specific Plan
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Daniel Tyner
License
CA 01959818
Name
Gleb Lvovich
License
CA 01385740
Brokerage
JLL
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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