112 W Commonwealth Ave, Fullerton, CA 92832

Property Description

Opportunity for a multi-tenant retail oriented investment opportunity strategically located in the heart of Downtown Fullerton. The 112 W Commonwealth Avenue Building is comprised of 3 tenants all on NNN lease terms.
 
 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. The 112 W Commonwealth Avenue Building is within walking distance to MetroLink, Fullerton's depot station, within Downtown Fullerton's restaurant over district (ROD), within a C-3 zoned area which provides long term development opportunity for a mixed use project (commercial and residential) and numerous other immediate trade area advantages.
 
 The 112 W Commonwealth Avenue Building will be marketed free and clear of any existing financing creating an opportunity to place creative financing tailored to an investor's desired hold period and risk profile to further enhance returns. 
 
 The 112 W Commonwealth Avenue Building is ideally located near the intersection of Harbor Boulevard (44,300 vehicles per day) and Chapman Avenue (19,800 vehicles per day) with a total of over 64,100 vehicles passing the intersection daily. 
 
 Traditional, linear configuration are conducive to high occupancy, optimal rents and low minimal capital expenditures coupled with a complete building renovation (to the studs) in 2008 lead to minimal deferred maintenance.