Tustin, California, offers a unique opportunity for investors to capitalize on the city's growing retail sector with its 1 shopping centers for sale. Shopping centers are a popular investment option, providing a steady stream of income through rental agreements with various tenants. These properties can range from small strip malls to large retail complexes, offering a diverse range of investment opportunities. Tustin's shopping centers benefit from the city's excellent infrastructure, including the Costa Mesa Freeway (Route 43) and the Tustin Metrolink Station, making them easily accessible to customers. The city's highly rated schools, such as Tustin High School and Foothill High School, and institutions like Springfield College, also contribute to its appeal. Additionally, Tustin's Mediterranean climate and abundance of trees make it an attractive location for businesses and residents alike.
Tustin's shopping centers are situated in a prime location, with nearby attractions like the Tustin Area Museum, Marconi Automotive Museum, and the Tustin Ranch Golf Course. The city's economy is driven by industries such as retail, healthcare, and education, with major employers like the Tustin Unified School District and the Orange County Fire Authority. In addition to shopping centers, Tustin also offers other investment opportunities, including restaurants, specialty properties, land, and office properties. For example, the city's Old Town Tustin area offers a charming atmosphere, making it an ideal location for restaurants and specialty properties. The city's proximity to Irvine and Orange also makes it an attractive location for office properties. With its diverse economy and excellent infrastructure, Tustin is an ideal location for investors looking to capitalize on the city's growth.
What is the average cap rate for shopping centers in Tustin?
As of now, there are 1 shopping centers for sale in Tustin, offering investors an average cap rate of 3.71%, with properties ranging in size from 48,491 square feet to 48,491 square feet, and priced at an average of $186 USD per square foot.
