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15496 Magnolia Street, Westminster CA 92683

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Tom Nguyen
Realco
Listing Source:
ListHub
Features & Amenities

Magnolia Point & Magnolia Center are two pride of ownership buildings located in the heart of the 'Little Saigon' trade district in Westminster, California. Magnolia Point features brand new 2006 quality construction situated on a signalized corner of Magnolia and McFadden. Magnolia center is a strip center on McFadden Ave that is offered along with Magnolia Point. Together, the centers feature over 1.99 acres of land and 26,950 SF of leasable space. The subject property is located within the center of the 'Little Saigon' tourist and trade area. Over 3500 Vietnamese-American businesses and restaurants reside in this roughly three square-mile area providing the area with an economic boost and one of the lowest vacancy rates in Orange County. The property is offered at a price to sell with a 6.51% true cap rate on current income.

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