fill
fill
fill
Pina & Co Real Estate
Direct Office:
949 698 2003
[email protected]

DRE# 01218728
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill
fill

12442 Lampson Avenue,  Garden Grove CA, 92840

(Active)
$3,980,000
|
5,350 sqft
|
MLS# 23245379
Last Updated: 4/29/2024 10:02 AM
Description for 12442 Lampson Avenue Garden Grove, CA 92840
Located in a bustling area near Lampson Ave and Harbor Blvd,this neighborhood center offers great visibility and accessibilityfor potential customers. With its long-standing presence in thecommunity since its construction in 1964, the center is well-known and trusted by local residents. It houses three tenants,each providing unique products or services, which can attract awider customer base and increase foot traffic. The property isfully occupied by NNN (Triple Net) tenants, which means theyare responsible for property taxes, insurance, and maintenanceexpenses, providing a stable income and reducing the landlord'smanagement duties. The property boasts over 6,197 square feetof retail space, allowing for flexible tenant configurations andpotential for future expansion or reconfiguration. With a stablethe income stream from reliable tenants, the property presents a low-risk investment opportunity for potential investors. Its primelocation, established presence, and occupancy by NNN tenantsalso suggest a potential for value enhancement through rentincreases, lease renewals, or property improvements. Overall, thisretail property is a highly attractive investment opportunity withsignificant potential for long-term appreciation and incomegeneration.
Price
$3,980,000
Orange
5,350 (approx)
23245379
Active
Description
Located in a bustling area near Lampson Ave and Harbor Blvd,this neighborhood center offers great visibility and accessibilityfor potential customers. With its long-standing presence in thecommunity since its construction in 1964, the center is well-known and trusted by local residents. It houses three tenants,each providing unique products or services, which can attract awider customer base and increase foot traffic. The property isfully occupied by NNN (Triple Net) tenants, which means theyare responsible for property taxes, insurance, and maintenanceexpenses, providing a stable income and reducing the landlord'smanagement duties. The property boasts over 6,197 square feetof retail space, allowing for flexible tenant configurations andpotential for future expansion or reconfiguration. With a stablethe income stream from reliable tenants, the property presents a low-risk investment opportunity for potential investors. Its primelocation, established presence, and occupancy by NNN tenantsalso suggest a potential for value enhancement through rentincreases, lease renewals, or property improvements. Overall, thisretail property is a highly attractive investment opportunity withsignificant potential for long-term appreciation and incomegeneration.
Listing Information
Property Type: Business Opportunities, 1 Story
0.37 Acres Estimated 5,350 (approx)
1964 1
Public
1 Total
Neighborhood
Room Information
None
Interior Features
Other, Central
Exterior / Lot Features
30 Parking Spaces, 0 Covered Parking Spaces,
Commercial
Driving Directions
West of Harbor Blvd
Financial Considerations
23144135
Listing Price History

Garden Grove Real Estate

Garden Grove is located in California. Garden Grove, California 92840 has a population of 177,855.

The median household income in Garden Grove, California 92840 is $74,245. The median household income for the surrounding county is $94,474 compared to the national median of $66,222. The median age of people living in Garden Grove 92840 is 39 years.

Loading nearby sales and history ...
Listing Agent: Walter Castillo CalDRE: 01141632 - Coldwell Banker Realty
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 4/29/2024 10:02 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation