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140 W Wilshire Ave 4,400 SF Retail Building Fullerton, CA 92832 $5,030,006 CAD ($1,143.18 CAD/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- PRIME DOWNTOWN FULLERTON LOCATION - Surrounded by restaurants, bars, cafés, and cultural venues within a 5-minute walk
- PROXIMITY TO TRANSIT AND UNIVERSITIES - Located just steps from major transit options and minutes from Cal State Fullerton and Fullerton College
- SINGLE-TENANT NNN LEASE - Zero landlord responsibilities and predictable cash flow
- STRONG DEMOGRAPHICS - Affluent North Orange County location with Avg HH Income $172K (7-Mile Radius)
EXECUTIVE SUMMARY
Located in the heart of Downtown Fullerton’s bustling restaurant, retail, and nightlife corridor, this well maintained single-tenant retail asset is fully leased to Casa Bonita, a premier wedding and event venue operator. The tenant has established a strong regional following, benefiting from constant pedestrian and vehicle traffic in this dynamic urban district.
The property provides investors with stable, predictable income through an absolute NNN lease structure with no landlord obligations. Situated just steps from Harbor Boulevard and Wilshire Avenue, the building sits among Downtown Fullerton’s most popular restaurants, breweries, and entertainment destinations, ensuring year round visibility and strong tenant performance. With its walkable, amenity-rich environment and proximity to Cal State Fullerton, the Fullerton Transportation Center, and major arterial freeways, this asset offers investors a rare opportunity to own a passive, cash-flowing property in one of Orange County’s most vibrant historic downtowns.
The property provides investors with stable, predictable income through an absolute NNN lease structure with no landlord obligations. Situated just steps from Harbor Boulevard and Wilshire Avenue, the building sits among Downtown Fullerton’s most popular restaurants, breweries, and entertainment destinations, ensuring year round visibility and strong tenant performance. With its walkable, amenity-rich environment and proximity to Cal State Fullerton, the Fullerton Transportation Center, and major arterial freeways, this asset offers investors a rare opportunity to own a passive, cash-flowing property in one of Orange County’s most vibrant historic downtowns.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
B
Year Built
1949
Price
$5,030,006 CAD
Price Per SF
$1,143.18 CAD
Cap Rate
5%
NOI
$251,568 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.18 AC
Zoning
C-3 ROD - C-3 ROD: Central Business District Commercial - Restaurant Overlay District
Parking
10 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
54’ on Wilshire Ave
AMENITIES
- Courtyard
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 032-232-02 | Improvements Assessment | $989,195 CAD |
| Land Assessment | $3,412,220 CAD | Total Assessment | $4,401,415 CAD |
PROPERTY TAXES
Parcel Number
032-232-02
Land Assessment
$3,412,220 CAD
Improvements Assessment
$989,195 CAD
Total Assessment
$4,401,415 CAD
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140 W Wilshire Ave
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