Description

The offering consists of approximately 10.023 acres (436,606 square feet) of flat, contiguous land located at the signalized northeast corner of Imperial Highway and Harbor Boulevard in the City of Fullerton. The property is comprised of three separate parcels (APNs: 296-201-010, 296-201-011, and 296-201-012), each zoned General Commercial (G-C), with a portion currently located within the City’s Housing Incentive Overlay Zone (HI-OZ). The HI-OZ designation allows for high-density residential development ranging from 20 to 60 dwelling units per acre, with potential density bonuses available for projects incorporating affordable housing components, subject to City approval. This site presents a rare opportunity to acquire a large-scale infill land position within an established Orange County corridor. In addition to its redevelopment potential, the property benefits from existing retail improvements, including established quick-service restaurant operators such as Carl’s Jr., El Pollo Loco, Molcasalsa Mexican Restaurant, and Starbucks, which contribute to consistent daily consumer traffic. The property also offers approximately 87,000 square feet of vacancy, creating an immediate value-add opportunity through lease-up and re-tenanting while preserving long-term redevelopment flexibility. Strategically positioned at a major signalized intersection with strong visibility and convenient access, the property supports multiple exit strategies, including high-density residential development, mixed-use repositioning, retail stabilization, or long-term land banking at a generational Orange County corner surrounded by major retailers such as CVS, Best Buy, 24 Hour Fitness, Home Depot, McDonald’s, Valvoline, Mobil, and others. See offering memorandum as supplemental attachment.”