855 S Bristol Street

Santa Ana, CA 92703
$8,250,000
Courtesy of Re/Max Top Producers

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
    • Property
      • Lot description:LotOver40000Sqft
    • Measurements
      • Acres:1.2965
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Orange
  • Financial Details
    • Pricing Details
      • Original List Price:$8, 250, 000
      • Selling Office Commission:1.500
  • Other
    • Source
      • MLS #:PW19066180

Location

Claudia StackleReal Estate Group
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