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Bristol Center 2730-2738 N Bristol St 7,000 SF 100% Leased Retail Building Santa Ana, CA 92706 $7,223,582 CAD ($1,031.94 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Fully occupied 6-tenant NNN retail investment property
- Liquor store operator could buy the property and operate in existing liquor store space
- Small units with a diverse tenant mix
- Upside potential with short-term lease (liquor store lease expires in late 2026)
- Investor could split the 3,000sf liquor store space to achieve higher rents from small units
- Excellent central Orange County location near MainPlace Mall and The Outlets at Orange
Executive Summary
Lee & Associates - Newport Beach is pleased to exclusively offer for sale the multitenant NNN leased investment Bristol Center located at 2730-2740 N Bristol St in Santa Ana, CA. Stragetically located near more than 2 million square feet of regional retail in MainPlace Mall and The Outlets at Orange. It is also located near the “Orange Medical District” which is home to CHOC Hospital Orange and St Jospehs Providence Hospital, in addition to countless square feet of medical office.
This central Orange County 6-tenant fully occupied retail center has a diverse tenant mix along with upside potential. The liquor store has limited lease term remaining with no renewal options. An owner/user could purchase the property and occupy the liquor store’s space, a savvy investor could extend the liquor store’s lease to realize upside at fair market rent, or split the 3,000sf space into smaller units. Suite 2738 & 2740 were formerly a 1,500sf retail unit that was recently split into two 750sf units and both leased in less than 30 days which is a testament for the demand for smaller spaces in this market.
This central Orange County 6-tenant fully occupied retail center has a diverse tenant mix along with upside potential. The liquor store has limited lease term remaining with no renewal options. An owner/user could purchase the property and occupy the liquor store’s space, a savvy investor could extend the liquor store’s lease to realize upside at fair market rent, or split the 3,000sf space into smaller units. Suite 2738 & 2740 were formerly a 1,500sf retail unit that was recently split into two 750sf units and both leased in less than 30 days which is a testament for the demand for smaller spaces in this market.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
1969/2025
Price
$7,223,582 CAD
Price Per SF
$1,031.94 CAD
Cap Rate
5.25%
NOI
$379,411 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.51 AC
Zoning
C-1 - Community Commercial
Parking
30 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
139’ on N Bristol St
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $494,888 CAD | |
| Land Assessment | $779,700 CAD | Total Assessment | $1,274,587 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$779,700 CAD
Improvements Assessment
$494,888 CAD
Total Assessment
$1,274,587 CAD
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Bristol Center | 2730-2738 N Bristol St
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