133 W Chapman Avenue

    Fullerton, CA 92832
    • $4,495,000
    • STATUS: Active
    • ON SITE: 96 days
    • ID#: PW18217935
    UPDATED: 36 min ago
    $4,495,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,001
      SQFT
    • $749
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2010
    County:

    School Ratings & Info

    Description

    Located in the heart of Downtown Fullerton 133 West Chapman is a new twist on the familiar mall food court. It is a food oriented retail center that caters to groups of people who would like to eat together, but don+GGt necessarily want the same type of food.The center provides economies of scale to the retail tenants who can share patio space, trash areas, grease traps in addition to requiring less dining room space due to the large shared patios. The main feature of 133 West Chapman Avenue is the outdoor dining areas and architecture. It has been designed with smaller areas created out of the landscape and hardscape.This particular property is unique in that it features 105 free parking spaces directly adjacent to the storefronts that were tied to this property through rezoning to C-3 Restaurant Overlay.Fullerton is an affluent Orange County Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. Within close proximity is Fullerton College, Fullerton Union High School, Fullerton Rail Depot, MetroLink station, and St. Jude Hospital. These large housing, education, and business facilities provide high daytime population and consistent traffic. The building is ideally located near the intersection of Harbor Boulevard (44,300 vehicles per day) and Chapman Avenue (35,500 vehicles per day) with a total of over 79,800 vehicles passing nearby daily.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/87252154

    133 W Chapman Avenue Fullerton, CA 92832

    • Price: $4,495,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: PW18217935
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    6,001
    SQFT
    $749
    $/SQFT
    2010
    Built
    Neighborhood:
    83 - Fullerton
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    Located in the heart of Downtown Fullerton 133 West Chapman is a new twist on the familiar mall food court. It is a food oriented retail center that caters to groups of people who would like to eat together, but don+GGt necessarily want the same type of food.The center provides economies of scale to the retail tenants who can share patio space, trash areas, grease traps in addition to requiring less dining room space due to the large shared patios. The main feature of 133 West Chapman Avenue is the outdoor dining areas and architecture. It has been designed with smaller areas created out of the landscape and hardscape.This particular property is unique in that it features 105 free parking spaces directly adjacent to the storefronts that were tied to this property through rezoning to C-3 Restaurant Overlay.Fullerton is an affluent Orange County Submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. Within close proximity is Fullerton College, Fullerton Union High School, Fullerton Rail Depot, MetroLink station, and St. Jude Hospital. These large housing, education, and business facilities provide high daytime population and consistent traffic. The building is ideally located near the intersection of Harbor Boulevard (44,300 vehicles per day) and Chapman Avenue (35,500 vehicles per day) with a total of over 79,800 vehicles passing nearby daily.
    Exterior Features

    Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling Central Cooling YN Yes Heating Central Furnace Heating YN Yes Laundry Features None Office Class A

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type Restaurant Cap Rate 5.00 Country Us Effective Gross 0 Expense Year 77992 Gross Scheduled Income 304400.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 226408.00 Number Of Units Leased 4 Occupancy Occupied Operating Expense 0.00 Other Income1 0.00 Property Sub Type Retail Retail Center Type Regional Center Special Listing Conditions Standard Total Monthly Rent 18730 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Source Public Year Built Source Builder Zoning C-3

    Listing provided courtesy of Cameron Irons of Svn / Vanguard and Gyeom Kim of Carfield Company.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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