SOLD. Walnut Newport Center is a multi-tenant strip center located at the signalized corner of Newport Avenue and Walnut Avenue in the city of Tustin, California. The subject property is situated in the heart of Orange County and is in close proximity to the I-5 and I-55 freeways, airports, seaports and rail services. An average daily traffic count of 593,000 cars pass the Newport Avenue exit from I-5 freeway, which is less than 0.2 miles from the property.
The property benefits from average daily traffic counts in excess of 35,000 cars per day at the intersection of Newport Avenue and Walnut Avenue. The area boasts an excellent average household income in excess of $95,000 and a population of over 613,000 people in a 5-mile radius.
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