Property Detail

Description

10091 Bolsa Avenue is a Generational Opportunity to acquire the Last Undeveloped Lot in Little Saigon, Westminster, California. The Property is zoned C-1 (Local Business District) with a Planned Development (PD) Overlay, currently approved for Retail, Office, Medical Office, Care Facilities, Schools, and potential Mixed-Use developments. The property is located directly across from the highly-anticipated Bolsa Row, a 2025-construction Mixed-Use project comprising of 200 Luxury Apartments and 27,000 Square Feet of Retail, considered One of the Landmarks of Little Saigon. Fronting 205 Feet on Bolsa Avenue, the Property is located at one of the busiest intersection of Orange County: Bolsa Avenue sees over 66,000 Cars Per Day, while Brookhurst Street sees over 87,750 Cars Per Day, totaling over 153,750 Vehicles passing by the property daily. Within One mile of the subject property, the Bolsa Retail Corridor encompasses 1.8 Million Square Feet of Retail real estate at 0.80% Vacancy (lowest in the Country), continues to solidify its dominance as the Premier location for all retailers and businesses alike. Within the last 10 years, Vacancy rate in this corridor has never exceeded 3.00% (CoStar data), bolstered by a booming Population and robust Tourism sector. Consistent demand coupled with a Limited Pipeline (only 26,000 SF under construction from Bolsa Row Terrace), makes this a rare and generational opportunity to secure the last available parcel in this highly-coveted submarket where properties rarely come on market.