Old Town Plaza 301 El Camino Real Local commercial 655 m² 100 % Loué À vendre Tustin, CA 92780 3 123 202 € (4 765,11 €/m²) Taux de capitalisation 3,28 %

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.