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High-Traffic Property Sells In Garden Grove

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Little Saigon Intersection

A development property at one of the busiest intersections in Orange County just sold in Garden Grove for a record $2.93M, or $141/SF.

The Little SaigonĀ 20,777 SF development property is at the corner of Westminster Avenue and Brookhurst Street.

After multiple offers were made, the property was sold by a private investor to a local owner who plans to build a medical office building at the intersection.

Marcus & Millichap first vice president investments and national retail group senior director Ron Duong repped both the buyer and the seller.

The deal closed in 90 days.