2736 W Orangethorpe Ave W, Fullerton, CA 92833

Property Description

The Fullerton West Executive Office Park represents a unique investment opportunity, offering 70 total units plus a separate independent cell tower income stream. 40 of the units offer exclusive Conditional Use Permits (CUP) designations for Single Display Automobile Retail License use which allows for retail automotive sales in California. The Single Display Automobile Retail Sales License CUP designation has been extended to only two buildings in Fullerton by the City Planning Commission (very few others in Orange County) creating HIGH DEMAND and high occupancy rates for these CUP units. This property also has a high volume cell phone & antenna tower generating hassle-free, steady, additional long-term income. The cell phone equipment was upgraded in 2019 & the tower, servers & back-up generator are self-managed by Triple A rated Crown Castle/AT&T requiring minimal landlord management. 30 of the units offer small executive suites for general office use. Some of the units have inside plumbing and restroom facilities, including showers. One of the tenants has a long-standing retail tobacco store. The Property is located just north of the heavily traveled 91 & 5 freeway junction/off ramp on the Southwest corner of Orangethorpe & Magnolia. The property has a free-standing retail pole and building sign that can be seen from the freeway in the day & night. The upside potential for this property and its unique income stream offer a significant opportunity for the right investor.