301 El Camino Real - Retail FOR SALE


Tustin, CA 92780
$3,405,000 USD
562-269-4844
301 El Camino Real, Tustin, CA for Sale
$3,405,000 USD
Retail - FOR SALE
1/12
null | 3.28% Cap Rate

301 El Camino Real
Tustin, CA 92780


HIGHLIGHTS

  • Prime Location – Situated in the heart of Old Town Tustin with strong foot traffic, historic charm, and a vibrant community 
  • Value-Add Potential – Below market rents offer significant upside for increased cash flow and long-term appreciation 
  • Strong Demographics & Stability – High-income households and a strong sense of community support long-term tenancy and customer loyalty
  • Rare Investment Opportunity – First time on the market since 1999 in a low-velocity submarket with high demand
  • Well-Maintained Legacy Asset – Owned for over 25 years with recent $34,000 in upgrades, including a new roof, awnings, and AC ducts

OVERVIEW

Centennial Advisers exclusively presents the opportunity to acquire 301-307 El Camino Real - Old Town Plaza. This 100% occupied 7,055 RSF retail plaza on 22,771 SF of land (0.52 AC) is comprised of 4 units, catering to the daily needs of the highly walkable and historic community of Old Town Tustin. The Property features a rent roll with below market rents and offers investors the ability to significantly increase cash flow by increasing rents as the leases expire. With a strong sense of ownership and pride within the community, Old Town Plaza offers an opportunity to own in one of the most desirable retail sectors of Orange County while increasing cash flow and appreciation over time. 301-307 El Camino Real is located in Tustin in the heart of the heavily foot-trafficked downtown area - Old Town Tustin. It is situated on the corner of El Camino Real and 3rd Street, which has exposure to 9,923 vehicles per day. The Property is in the SP-12 Zone (Downtown Commercial Core), a designated area which is meant to preserve and enhance the pedestrian-friendly and attractive commercial core in Tustin. 301-307 El Camino Real is walking distance to highly desirable and chic shopping and dining destinations, such as Old Town Tustin’s Certified Farmer’s Market, CHAAK Kitchen, El Camino Cafe, Armstrong Gardens Center, El Camino Plaza, and many more eateries and retail shops. With 31,600 residents within a one-mile radius averaging a household income over $112,000 the Property offers the opportunity to increase rents supported by the stable and thriving economy. 301-307 El Camino Real presents a once-in-a-generation opportunity to acquire a retail plaza in a trophy location in downtown Tustin, a vintage and charming area, with substantial upside in rental income.

FOR SALE DETAILS

PRICE

$3,405,000 USD

PRICE/SF

$483 USD /SF

CAP RATE

3.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Town Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,771 SF

ZONING

SP-12

APN/PARCEL ID

401-585-02

ASK ABOUT THIS PROPERTY

Michael AlperCentennial AdvisersMore Info
562-269-4844

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Michael AlperCentennial AdvisersMore Info
562-269-4844

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