AVAILABILITY DETAILS
- Size
- 9,500 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA494307
- Notes
- Property Overview
BUILDING SIZE
±9,500
GARAGE BAYS
(10) 8x10
CLASS
C Warehouse
ZONING
C2
CONSTRUCTION
Reinforced Concrete
YEAR BUILT
1980
BUILDING HEIGHT
18’
PARKING
40 Parking Spaces
Property Summary and Overview
Cushman & Wakefield of California, Inc.,
as exclusive advisor is pleased to offer
this opportunity to acquire the property
located at 1706 W 1st St, Santa Ana
CA (the “Property”). Situated in close
proximity to main thoroughfares and
immediately northeast of the Interstate 405
and just minutes from 55 & 405 Freeway.
The Property totals ±9,500 square feet
and is currently fully leased out to multiple
tenants short and long term.
Orange County is one of the top investment
markets in America with the county’s
industrial market being among the tightest
in the country, with demand at an all-time
high and vacancy landing at 1.5%. With
±232MSF and an average rental rate of
$1.45/sf/mo reflecting a 35% increase
from 2021. Rent Growth is forecasted to
be more than 8% within the next 2 years
offering significant upside potential.
- Uses
- Industrial
Warehouse
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
Nathan Demosthenes, Cushman & Wakefield