CA > Santa Ana
Santa Ana, CA 92704,2733 West Edinger Avenue
Santa Ana, CA 92704,2733 West Edinger Avenue
Santa Ana, CA 92704,2733 West Edinger Avenue
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Robert Koop Jr • Tekoop Properties, Inc.
$5,375,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID NP-25024183

Year Built 1980

Property Sub-Type Retail

Property Description

VALUE ADDED OPPORTUNITY on a PREMIER CORNER LOT! Seller will only consider a short escrow. Prime 50,094 square foot Lot at the Corner of W. Edinger and S. Fairview in Santa Ana. BUILD THE OUTPARCEL pad and make this a cash cow. Existing fully leased 9,099 square feet of retail space PLUS an empty outparcel pad. Each unit has a private bathroom. Electric and Gas is separately metered. Water, house lights, property taxes and insurance are covered by CAM fees. Well over 1 acre here, come and get it. Some of the tenants have been in the property for decades, most are short term. GSI does not include potential income from the vacant/empty outparcel which was a restaurant. (Might be good for a Starbucks or something of the like?). I will post NOI as soon as I receive those figures from the Seller. Most leases go through 9/2026, on in 2028 and one could go through 2030 if the tenant exercises his option to extend. Some of the tenants have been in the property for decades. We have a Phase One Environmental Site Assessment with an inspection date of October 23, 2015 which states "The former building on the south side of the subject property was recently demolished" so this Phase One Inspection was completed after the removal of that structure. I am happy to provide a copy. This sale includes parcel numbers 407-041-35 and 407-041-36, no they will not be sold separately.

Location

State CA

County Orange

Area 69 - Santa Ana South Of First

Zoning C1

Interior

Laundry See Remarks

Building

Lot Description Lot Over 40000 Sqft

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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