15171-15187 Moran St - Auto Repair FOR SALE


Westminster, CA 92683
$4,550,000 USD
949-942-1303
15171-15187 Moran St, Westminster, CA for Sale
$4,550,000 USD
Auto Repair - FOR SALE
1/12
null | Request Cap Rate

15171-15187 Moran St
Westminster, CA 92683


HIGHLIGHTS

  • Fully Leased with Flexible Terms - Auto-Focused, Sticky Tenant Mix
  • Prime Location off Bolsa Ave (34,000 VPD) & 405 Freeway
  • Below-Market Rents at $1.65/SF NNN
  • Immediate Value-Add: Rent Upside & Lease Flexibility
  • Dense Trade Area: 266,000+ Residents - $2.9B Annual Consumer Spending Nearby
  • 1,500+ Businesses Within One Mile

OVERVIEW

Graystone Capital Advisors is pleased to present the exclusive opportunity to acquire Moran Plaza, a value-add multi-tenant retail/auto center located at 15171–15187 Moran Street in Westminster, CA. This ±11,300 SF center is situated on a prime parcel in the heart of Little Saigon, one of the most densely populated and economically vibrant areas of Orange County. Strategically positioned near Bolsa Avenue and within immediate proximity to the 405 Freeway, Moran Plaza benefits from strong daily traffic volumes exceeding 34,000 VPD. The surrounding 2–3 mile radius boasts a dense population (266,000+ people), robust consumer spending ($2.9B in annual spending within 3 miles), and a diverse commercial tenant base with an emphasis on auto-related services, making the property ideal for investors seeking stability with near-term upside. Moran Plaza sits on a 0.512-acre parcel (±22,343 SF) and features nine tenant suites, all of which are currently occupied. Importantly, the majority of leases are month-to-month or short-term, providing investors with maximum flexibility to pursue rent increases or re-tenanting strategies. In-place rents average $1.65/SF/month NNN, significantly below the submarket average of $2.25-$2.50/SF/month NNN, creating a clear and immediate opportunity for revenue growth through strategic lease restructuring.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Moran Plaza | Value-Add Auto Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,338 SF

ZONING

M1

APN/PARCEL ID

143-622-09

ASK ABOUT THIS PROPERTY

Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

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Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.