855 S Bristol Street
Santa Ana, CA 92703
1.30 acres | #PW19066180
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
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Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Joseph Kim (#PKIMJOET)
Listing Office: Re/Max Top Producers (#PB19119)
