16650 S. Harbor Blvd., Fountain Valley
Fountain Valley, California
45,453 SQ FT.
Type of Sale
Built in 1985, the Fountain Valley Commerce Center is currently 84% occupied. Comprised of 4 separate buildings, the current tenant mix includes an array of various automotive service tenants which include American Tire Depot and Complete Auto Spa Hand Car Wash. There are currently two vacant suites which amount to over 7,000 square feet, or 16% of the center. The current vacancy creates the opportunity for an astute investor to add value through lease up and by increasing rents over time. Current rents average $1.36 PSF, which is below current market rents, creating a unique Orange County automotive value-add opportunity.Offering Memorandum