Moran Plaza - Westminster, CA

Highlights:

• Fully Leased with Flexible Terms
• Prime Location off Bolsa Ave (34,000 VPD) & 405 Freeway
• Below-Market Rents at $1.65/SF NNN
• Immediate Value-Add: Rent Upside & Lease Flexibility
• Dense Trade Area: 266,000+ Residents
• $2.9B Annual Consumer Spending Nearby
• 1,500+ Businesses Within One Mile
• Auto-Focused, Sticky Tenant Mix

Description:

Graystone Capital Advisors is pleased to present the exclusive opportunity to acquire Moran Plaza, a value-add multi-tenant retail/auto center located at 15171–15187 Moran Street in Westminster, CA. This ±11,300 SF center is situated on a prime parcel in the heart of Little Saigon, one of the most densely populated and economically vibrant areas of Orange County.

Strategically positioned near Bolsa Avenue and within immediate proximity to the 405 Freeway, Moran Plaza bene fits from strong daily traffic volumes exceeding 34,000 VPD. The surrounding 2–3 mile radius boasts a dense population (266,000+ people), robust consumer spending ($2.9B in annual spending within 3 miles), and a diverse commercial tenant base with an emphasis on auto-related services, making the property ideal for investors seeking stability with near-term upside.

Moran Plaza sits on a 0.512-acre parcel (±22,343 SF) and features nine tenant suites, all of which are currently occupied. Importantly, the majority of leases are month-to-month or short-term, providing investors with maximum flexibility to pursue rent increases or re-tenanting strategies. In-place rents
average $1.65/SF/month NNN, significantly below the submarket average of $2.25-$2.50/SF/month NNN, creating a clear and immediate opportunity for revenue growth through strategic lease restructuring.

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