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Nancy DuShane-Bank
FOR SALE
$3,980,000

12442 Lampson Avenue
Garden Grove, CA 92840

Business Opportunities
Commercial
5,350
Sq. Ft.
0.3713
Acre Lot
Listing Agent: Walter Castillo - Coldwell Banker Realty; walter@waltercastillo.com
Home> California> Garden Grove> 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.
23245379
Commercial - Business Opportunities, 1 Story
1964
Orange
0.3713 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Walter Castillo - Coldwell Banker Realty; walter@waltercastillo.com
Licensed in: DRE# 01141632
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Based on information from CRISNet MLS as of 4/24/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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