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Shopping Strip

Collins Plaza

927 N Glassell St, Orange, CA 92867

Listing Price: Request For Offer

Rentable SF
8,808
Lot Size
1.28 acres
Year Built
1962

Investment Overview

We are pleased to present Collins Plaza, a 8,808 square foot neighborhood strip center sitting on 1.28- acre parcel located in the city of Orange, California. The real estate is positioned at the hard signalized northeast corner of Glassell and Collins with traffic counts exceeding 40,000 cars per day. The location is 0.5 mile to Chapman University with a student population of 10,000. The property has 5 tenants, is fully occupied and all tenants are on month-to-month NNN leases. The property has been well maintained with a new roof and new HVACs within the last year. Pancho’s Mexican restaurant one of the tenants, is a very successful well-established business, with a large following in the community having been here for several decades. The property is very well located in the heart of central Orange County in close proximity to Old Towne Orange, Honda Center, Angel Stadium, CHOC Hospital and Disneyland. The area is a dense urban location with a population of 606,524 and an average household income of $108,338 in a five -mile ring. Due to the low rents, month to month leases and the underdevelopment of the site, the real estate has the potential for a number of creative plans and differing uses (see permitted uses on page 13). It’s not often a well-located commercial property in a central Orange County location becomes available that is underdeveloped with month-to-month leaseholds.

Investment Highlights

  • • Orange, California • Signalized Hard Corner • ADT 40,000 Cars per Day
  • • Month to Month Leases • Underdeveloped Site • Redevelopment and or Value Add Property
  • • 5 Tenants – Ease of Management Property • 1.28 Acre Parcel
  • • Excellent Location – Nearby: Chapman University, Honda Center, Angel Stadium and CHOC Hospital • 606,524 Population and $108,338 AHHI 5 Mile Radius

Exclusively Listed By

Shopping Strip

Collins Plaza

Listing Price: Request For Offer

Rentable SF
8,808
Lot Size
1.28 acres
Year Built
1962

Investment Highlights

  • • Orange, California • Signalized Hard Corner • ADT 40,000 Cars per Day
  • • Month to Month Leases • Underdeveloped Site • Redevelopment and or Value Add Property
  • • 5 Tenants – Ease of Management Property • 1.28 Acre Parcel
  • • Excellent Location – Nearby: Chapman University, Honda Center, Angel Stadium and CHOC Hospital • 606,524 Population and $108,338 AHHI 5 Mile Radius

Investment Overview

We are pleased to present Collins Plaza, a 8,808 square foot neighborhood strip center sitting on 1.28- acre parcel located in the city of Orange, California. The real estate is positioned at the hard signalized northeast corner of Glassell and Collins with traffic counts exceeding 40,000 cars per day. The location is 0.5 mile to Chapman University with a student population of 10,000. The property has 5 tenants, is fully occupied and all tenants are on month-to-month NNN leases. The property has been well maintained with a new roof and new HVACs within the last year. Pancho’s Mexican restaurant one of the tenants, is a very successful well-established business, with a large following in the community having been here for several decades. The property is very well located in the heart of central Orange County in close proximity to Old Towne Orange, Honda Center, Angel Stadium, CHOC Hospital and Disneyland. The area is a dense urban location with a population of 606,524 and an average household income of $108,338 in a five -mile ring. Due to the low rents, month to month leases and the underdevelopment of the site, the real estate has the potential for a number of creative plans and differing uses (see permitted uses on page 13). It’s not often a well-located commercial property in a central Orange County location becomes available that is underdeveloped with month-to-month leaseholds.

Exclusively Listed By

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