facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Sale

/

1140-1232 North Tustin Street

Nick Miller Of Faris Lee Investments Represents Buyer And Seller In $10M Retail Property Sale In Orange CA
SOLDRetail

Nick Miller Of Faris Lee Investments Represents Buyer And Seller In $10M Retail Property Sale In Orange CA

1140-1232 North Tustin Street

$10,000,000

$209/SF

Building Size

47,804 SF

Asset Type

Retail

Closing

Jun 4, 2026

AI

A retail property located at 1140-1232 North Tustin Street in Orange, California was involved in a sale transaction. The property spans a total area of 47,804 square feet and was sold for $10,000,000, which equates to a price per square foot of $209. The property had been held by the same family since 1964.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,000,000
  • Square Footage: 47,804
  • Price Per Square Foot: $209
  • Address: 1140-1232 North Tustin Street
  • Market: Orange, CA
  • Broker: Nick Miller - Faris Lee Investments

Nick Miller of Faris Lee Investments represented both the undisclosed buyer and seller in this off-market transaction. Faris Lee Investments facilitated the sale, indicating the firm's involvement in managing the transaction effectively.

Players

Nicholas Miller

Faris Lee Investments

Broker

$52.2M

vol

4 deals

Broker
Ub
Undisclosed 1031 tax-deferred exchange buyerBuyer
Ub
Undisclosed 1031 tax-deferred exchange buyerSeller

Orange Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93