Overview

Highlights

• 100% Leased
• NOI: $209,100.00
• Built in 1948
• ±7,841 Square Feet Building 1
• Two (2) Buildings
• ±4,000 Square Feet Building 2
• ±11,841 Square Feet Total
• Leased together $1.76 NNN

Description

The property located at 218 W. Commonwealth Avenue in Fullerton, CA, is a strategically positioned commercial asset featuring approximately 7,200 square feet of retail space and an additional 987 square feet dedicated to industrial type use. Constructed in 1948 with a masonry design, the asset consists of two separate buildings and offers a generous parking ratio of 3.81 spaces per 1,000 square feet. It benefits significantly from its excellent access to the Interstate 5, 91 and 57 freeways and ample on-site parking, making it an ideal location for retail, office, or industrial purposes. Currently configured as a unique single-tenant building, this property provides flexibility and customization potential to a prospective user. The asset represents a compelling investment opportunity in a high-demand retail market, supported by robust market conditions including low vacancy rates and increasing rents throughout Orange County .

Location

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