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Private Investor Bags 5,768-SF Retail Site

TUSTIN, CA-The property, known as Plaza on First, is currently 100% occupied. It has sold for more than $1.1 million.

By Erin Cassin | Updated on August 15, 2001

TUSTIN, CA-A 5,768-sf retail property has been sold in Tustin for more than $200 per sf. The complex, known as Plaza on First, is currently 100% occupied.

A private investor has paid more than $1.1 million for the property. Located at 640 W. First St., it stands in close proximity to a residential area. The plaza is a six-tenant, triple-net retail complex with mostly long-term occupants. It currently houses a bistro, beauty salon, florist, cleaners, martial arts studio and first class mail store.

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