Lee and Associates is proud to present the exceptional opportunity to acquire Tustin Centre, a ±4,158 square foot neighborhood strip center nestled in the heart of iconic Tustin. This is a rare chance to own prime real estate on Newport Boulevard, the main artery connecting Tustin and North Tustin to the 5 Freeway. It benefits from roughly 75 feet of retail frontage, along with a pylon sign with room for three tenants. One of the suites is vacant which is ideal for an owner-user to occupy. The other two suites are occupied by Supercuts and KK Nails. Supercuts has occupied its suite since 1995 and KK Nails has occupied its suite since 2007. Both tenants operate under leases which are NNN in nature minimizing expense leakage for a future investor. 20 + YEAR TENANT JUST VACATED JANUARY 2025 -CREATES IMMEDIATE UPSIDE OPPORTUNITY. Immediate upside potential exists with the leasing of the remaining 1,766 square foot unit. Long term upside exists as a future owner has the ability to capture market rents as the existing rental rates are below market. Strategically located just over ½ mile from the 5 Freeway, the property benefits from the surrounding established, affluent, and densely populated community. Over 563,294 residents live within a five mile radius, boasting an average household income of $128,493 and a remarkable median home value of $831,072. Tustin Centre represents a unique opportunity to acquire real estate in one of the nation’s most iconic cities, offering a generational land play with stable returns, immediate and long term upside. With limited sites in the trade area for new development, the property is optimally situated for future success. Property Highlights: • Well-Located Three-Unit Strip Center • Below Market Leases with the potential for Up-side. • Ideal for an owner-user – An owner-user can occupy 1,766 Square Feet upon the close of escrow and can expand into the adjacent suites when their leases expire. • Roughly 75 Feet of Frontage on Newport Avenue • Large Pylon Signage • Excellent Street Frontage and Access on Newport Avenue, which is the main artery connecting Tustin and North Tustin to the 5 Freeway. • Strong Demographics: $128,493 Average Household Income and 563,294 people located within a 5-Mile Radius • Strong Daytime Population: 16,769 Employees located within a 1-mile radius • Strong Traffic Counts (23,106 ADT on Newport Avenue, 6,223 ADT on Bryan Avenue & 15,178 ADT on 1st Street) • 14 Parking stalls – Including 1 handicap stall – All of which are located immediately in front of the building • Mature Trade Area with limited sites for new development • Retailers in the Immediate Area Include: Albertsons, Rite Aid, CVS, Smart and Final, Trader Joe’s, Sprouts, Petco, Kohl’s, Michaels, Walgreens, 99 Cents Only, Wells Fargo, Chase Bank, Bank of America, BMO, Union Bank, Citibank, McDonald’s, Starbucks, KFC, Chipotle, Café Rio, Jersey Mike’s, Wahoo’s Fish Tacos, Round Table Pizza, Ruby’s, Jamba Juice, Peet’s Coffee, UPS, FedEx Kinko’s, Rock N’ Brew and More!