Listed by Colliers - Los Angeles - Orange County, California
$8,670,000
Fullerton - Rare Value Add
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 16,490
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $526
Acreage 0.370
Investment Type Value Add
Hyper-Dense Infill Downtown Site
Marketing description
We are pleased to present to qualified investors a rare value-add investment opportunity to acquire two (2) adjacent storefront retail spaces measuring 6,610 SF and 9,880 SF each located on Harbor Blvd in the heart of Downtown Fullerton. The subject property benefits from its positioning on the signalized hard corner intersection of Harbor Blvd and Amerige Ave. immediately across from Downtown Fullerton’s free public parking allowing for convenient access to and from the subject property. Furthermore, the subject property is zoned C-3 (Central Business District) which allow for a wide range of uses including general retail, restaurant, financial institution, fitness, home improvement, personal services and many more. Dwelling units are permitted as part of a mixed-use development subject to additional requirements (please inquire for additional details). This is a one of a kind opportunity to own a piece of one of the most highly visited pedestrian locations in Orange County, on a hard corner signalized intersection with great visibility, access and parking availability while allowing for a wide range of permitted uses perfect for an owner-user or an investor to capitalize on strong retail trends well into the future.
Investment highlights
- Hyper-Core Downtown Fullerton Urban Street Retail Building - Zoned C3 for Multiple Uses
- Currently Mo’s Fullerton Music Center (Owner-User) - Long Time Pillar of Fullerton Community
- Signalized Hard Corner off Harbor Blvd/Commonwealth - Main & Main Downtown Intersection
- Center of Tremendous Redevelopment in Downtown Area - City Sanctioned Shared Parking
- Huge Upside Development Potential for Site - Irreplaceable 2 Parcel Storefront Retail Asset
- Deal includes 6-Month Sale Leaseback from Owner - Short Term Income during Repurpose
- Dense Commercial/Residential Area - Around Corner from Fullerton College & High School
Listing Contacts
Listed by Colliers - Los Angeles - Orange County, California
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?








