Available For Sale - Office

40,875 SF | Show Pricing $

Download Brochure

LISTED BY

Allen Basso
Lee & associates, 949-727-1200
Eric Darnell
Lee & Associates, 949-460-3681
Eric Parkhurst
Lee & Associates - Irvine, 949-790-3183

AVAILABILITY DETAILS

Size
40,875 SF
Price/SF
Show Pricing $
Listing ID
SA534108
Notes
Owner/User or Investment deal

• Sale Price: $9,500,000

• Call to show

Comments:

• Single Tenant Net Lease Investment

• Fully Leased Single Tenant Office Building with Multi-Tenant capability

• ±40,875 SF Upgraded Three-Story Office Building

• Stable Cash flow with 3% Annual Increases

• National Credit Tenant

• New Roof installed in 2021 with a 15-Year Warranty



ADDRESS 203 N. Golden Circle Drive

Santa Ana, CA 92705

OFFERING PRICE $10,500,000

NOI $655,357.14

CURRENT IN PLACE

CAP RATE 6.24%

YEAR 2 CAP RATE

STARTING JULY 2025 6.41%

LEASE TERM Expires September 30, 2028

with Fixed Options at 3% until 12/31/46

APN 400-082-04

SITE AREA 0.90 AC

TOTAL BUILDING AREA 40,875 SF

OCCUPANCY

100%

Could Be Delivered Vacant

Call For More Details

NUMBER OF STORIES 3

YEAR BUILT 1981 — Renovated 1993
Uses
Office

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
Allen Basso, Lee & associates