Log In/Sign Up
Your email has been sent.
13812 Newport Ave 9,624 SF 100% Leased Retail Building Tustin, CA 92780 For Sale
Investment Highlights
- Booming Suburban Daytime Population
- Immediate NOI Growth Opportunity
- Strong Tenant Tenure
- Highly Visible Location With Excellent Accessibility
- Significant Surrounding Draw
- Internet-Resistant, Daily Needs Tenant Mix
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,624 SF
Building Class
C
Year Built
1988
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.74 AC
Zoning
SP 12 - Downtown commercial core
Parking
36 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
178’ on Newport Avenue
Amenities
- Bus Line
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- HiroNori Craft Ramen
- Accommodation and Food Services
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| HiroNori Craft Ramen | Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,901,114 CAD | |
| Land Assessment | $7,138,860 CAD | Total Assessment | $9,039,974 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,138,860 CAD
Improvements Assessment
$1,901,114 CAD
Total Assessment
$9,039,974 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
13812 Newport Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.