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Santa Ana, CA - Bristol Swap Mall

$11,382,000

1150-1204 S. Bristol Street & 1400 W. McFadden Avenue, Santa Ana, CA 92704

Active
Last Updated: 11/04/2026

7.38

Cap Rate

840,341

NOI

Details:
Cap Rate:    7.38%
NOI:    $840,341
Occupancy:    94%
Year Built:    1961
Zoning:    C1 - Community Commercial
Year Last Renovated:    1987
Description:

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a three-property retail portfolio located in Santa Ana, California. The offering comprises the Bristol Swap Mall & Food Court at 1180–1204 S. Bristol Street (24,042 SF on 1.30 acres), adjacent in-line retail at 1150 S. Bristol Street (5,256 SF on 0.62 acres), and a fully occupied retail strip center at 1400 W. McFadden Avenue (9,174 SF on 0.68 acres). Together, the three properties total 38,472 SF on 2.60 acres and are occupied by more than 50 local retail, service, and food and beverage tenants, with only four vacant stalls at the time of offering. Substantially all tenancy is on month-to-month terms, delivering durable in-place income while giving a new owner immediate control over the rent roll—the ability to mark rents to market, re-tenant under-performing stalls, and consolidate spaces for larger users without waiting for long-term lease expirations.

The portfolio occupies the southwest quadrant of the signalized, hard-corner intersection of S. Bristol Street and W. McFadden Avenue, which carries a combined 60,000 vehicles per day. The Bristol Swap Mall & Food Court and adjacent in-line retail front S. Bristol Street, while the third property, a fully occupied strip center, fronts W. McFadden Avenue along the northwestern portion of the portfolio. The offering is shadow anchored by Northgate Market, a leading Hispanic grocery destination that generates consistent daily foot traffic, with Walmart Supercenter, Ross Dress for Less, El Super, and Smart & Final nearby across S. Bristol Street. The swap mall receives 561,600 visits from 215,400 unique visitors annually, with a 28-minute average dwell time. The portfolio is also less than two miles from Downtown Santa Ana and provides immediate access to I-405, I-5, and SR-55, placing South Coast Metro, the Irvine Business Complex, and John Wayne Airport within a 20-minute drive. The surrounding trade area includes 684,494 residents and 477,176 employees within five miles, with an average household income of $133,089.

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