$8,250,000
Off Market

855 S Bristol Street

Santa Ana, CA 92703
1.30 acres | #PW19066180
Listing OfficeRe/Max Top Producers
Type:Purchase
Structure:Retail
Zone:Commercial

Description

855-905 S. Bristol Street Shopping Center is consist of 4 separate buildings. Bristol plaza is an approximately 13,841 square feet of neighborhood retail strip center 100% leased to a synergistic mix of fourteen (14) tenants. Major tenants include Coin Laundry, Medical Office, Western Union Check Cashing, Happy Vision Optometry, Mexican Restaurant & Super Discount. Excellent and rare investment opportunity to purchase a quality shopping center in the highly desirable City of Santa Ana. Well established and stable tenants with long term leases offer stability and secure income stream.
Low vacancy rate - Bristol plaza offers very low vacancy rate and most of the tenants have been at the same location for more than 15 years.
Bristol plaza is nicely maintained, upgraded and rehabbed with new painting, new roof, and new parking lot paving.
Triple Net (NNN) leases offer full expenses pass through and future rent increases.
Excellent CAP (5%).

  • Property Details
      • Lot DescriptionLotOver40000Sqft
    • Measurements
      • Acres1.2965
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyOrange
  • Financial Details
      • Original List Price$8,250,000
      • Buying Agency Compensation1.500
  • Other
      • MLS #PW19066180
  • -

    Location

    Kory KaghaziReal Estate Group