12442 Lampson Avenue, Garden Grove, CA 92840 | MLS 23245379 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
Off Market
$3,980,000  

12442 Lampson Avenue
Garden Grove, CA 92840

Business Opportunities
Commercial
5,350
Sq. Ft.
0.3713
Acres Lot
Listing Agent: Walter Castillo CalDRE: 01141632 - Coldwell Banker Realty
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.
23245379
Business Opportunities, 1 Story
Orange
1964
0.3713 Acres
Public
1
5,350 Sq. Ft.
1 Total
Detailed Room Information
Laundry
None
Interior Features
Heating
Other. Central.
Exterior / Lot Features
Parking
30 Parking Spaces. 0 Covered Parking Spaces.
Zoning
Commercial
Financial Considerations
23144135
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 5/7/2024 5:43 PM 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.