Investment or Owner User Opportunity | 1423-1425 N Main St
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Investment or Owner User Opportunity 1423-1425 N Main St
3,630 SF Vacant Retail Building Santa Ana, CA 92701 £1,240,183 (£342/SF) 6.19% Net Initial Yield
Investment Highlights
- BACK ON THE MARKET!!! PRICE REDUCED!!!
- Prime Downtown Main St Location
- Over 322,000 residents within 3 miles
- Excellent Owner/User Opportunity
- Tenants Month-to-Month
- Walk Score: 91
Executive Summary
NAI Capital Commercial, as exclusive advisors to ownership, is proud to present a value-add multi-tenant retail opportunity located in the French Court neighborhood of downtown Santa Ana. 1423-1425 North Main Street is located on the hard corner of Main Street and 14th Street, w/ over 29,000 CPD.
Santa Ana is truly one of the last exceptional investment opportunities in Orange County, California, a coveted destination celebrated for its world renowned attractions including Disneyland, Knott's Berry Farm, and the prestigious South Coast Plaza. Positioned at the heart of a thriving economy, the subject property benefits from the billions of dollars infused into the local economy by both tourists and residents, catalyzing substantial job growth, progressive development, and elevated tax revenues. Santa Ana has emerged as one
of the County's fastest growing central job nodes, attracting many diverse, high-paying job sectors. This strategic location fosters a thriving local demographic with a median annual household income exceeding $91,000 within a 1-mile radius. Seize the chance to invest in the future, the prosperity and the dynamism of Orange County. Elevate your commercial venture in a locale where economic vibrancy meets unparalleled opportunity.
Santa Ana is truly one of the last exceptional investment opportunities in Orange County, California, a coveted destination celebrated for its world renowned attractions including Disneyland, Knott's Berry Farm, and the prestigious South Coast Plaza. Positioned at the heart of a thriving economy, the subject property benefits from the billions of dollars infused into the local economy by both tourists and residents, catalyzing substantial job growth, progressive development, and elevated tax revenues. Santa Ana has emerged as one
of the County's fastest growing central job nodes, attracting many diverse, high-paying job sectors. This strategic location fosters a thriving local demographic with a median annual household income exceeding $91,000 within a 1-mile radius. Seize the chance to invest in the future, the prosperity and the dynamism of Orange County. Elevate your commercial venture in a locale where economic vibrancy meets unparalleled opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,630 SF
Building Class
B
Year Built
1961
Price
£1,240,183
Price Per SF
£342
Net Initial Yield
6.19%
NOI
£76,711
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.56
Land Acres
0.15 AC
Zoning
SP3 - Midtown Specific Plan
Parking
12 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Dedicated Turn Lane
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1423
- 1,840 SF
- Retail
- -
- Now
- 1425
- 1,790 SF
- Retail
- -
- Now
Space | Size | Space Use | Position | Available |
1423 | 1,840 SF | Retail | - | Now |
1425 | 1,790 SF | Retail | - | Now |
1423
Size |
1,840 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
1425
Size |
1,790 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 398-131-01 | Improvements Assessment | £256,716 |
Land Assessment | £684,578 | Total Assessment | £941,294 |
PROPERTY TAXES
Parcel Number
398-131-01
Land Assessment
£684,578
Improvements Assessment
£256,716
Total Assessment
£941,294
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Investment or Owner User Opportunity | 1423-1425 N Main St
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