13450 Goldenwest StWestminster, CA 92683

Property Details for 13450 Goldenwest St

Year built

1986

Lot size

0.71 AC

Property size (Sq ft)

7,454 SF

Property type

Retail properties

Description

This exceptional five-unit retail shopping plaza, located at 13450 Goldenwest Street in Westminster, California, presents a compelling investment opportunity. The property boasts a prime corner location at the intersection of Goldenwest Street and Trask Avenue, offering unparalleled visibility and accessibility. Built in 1986, the 7,454 square foot building sits on a sizable 0.71-acre (30,928 square foot) lot zoned C1. The property features 134 feet of frontage on Goldenwest Street and 199 feet on Trask Avenue, ensuring maximum exposure to high vehicular and pedestrian traffic. The plaza is anchored by a 7-Eleven and includes a roster of established, long-term tenants, providing a stable income stream. Three existing leases are poised for market rate adjustments, offering a clear path to increased profitability. Recent capital improvements, including a new parking lot and tile roof installed seven years ago, demonstrate a commitment to maintaining the property's high standards. Ample parking is provided with 35 spaces, ensuring convenient access for customers. This well-maintained property offers a rare combination of strong tenancy, high visibility, and significant upside potential, making it an ideal investment for both seasoned investors and entrepreneurial ventures seeking a high-traffic location. The asking price is $5,300,000.

Location Insight

City

Westminster

County

Orange

State

California

Latitude

33.7668

Longitude

-118.007

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