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Available For Sale - Office

107,248 SF | Show Pricing $

AVAILABILITY DETAILS

Size
107,248 SF
Price/SF
Show Pricing $
Listing ID
SA397556
Notes
The subject property is located within California's "Opportunity Zone" as well as Santa Ana's "Adaptive Reuse Project Incentive Area". This is a great opportunity for both owner user and investor. An owner user can easily move in and use the remaining space as a corporate headquarters. An investor can drastically increase the NOI by the lease up of the remaining vacancies. The low price per SF of $109/SF puts the price below replacement cost and also below recent sale comparable.



The city of Santa Ana will consider supporting adaptive reuse for multi-family, affordable housing or hotel conversion. The Opportunity Zone offers many tax benefits for a potential buyer. Buyers to conduct their own due diligence with the city and their own advisor/accountants to verify.



The close proximity to the court houses and downtown offers a great amenity that attracts tenants like law firms, marketing companies, call center, and other entrepreneurs. The on-site parking will also assist in attracting the best tenants in a market area where parking is scarce.
Uses
Office

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
Suite 100, Suite 110, Suite 500, Suite 610, Suite 810, Suite 820, Suite 850, Suite 860 32,453 SF Lease Office Show Pricing $ chevron_right
Space/Suite
Suite 100, Suite 110, Suite 500, Suite 610, Suite 810, Suite 820, Suite 850, Suite 860
Square Feet
32,453 for lease
Uses
Office
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Steve Liu, NAI Capital
BRE# 01323150