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2900 Bristol Street - The Waters at Creekside - Bldg E, Costa Mesa, CA
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2900 Bristol Street - The Waters at Creekside - Bldg E
Bristol St & Randolph Ave
Costa Mesa, CA 92626-5981 - Costa Mesa Submarket
For Sale Price:
Total Space Avail:
Free Surface spaces are available; Ratio of 3/1,000 SF
Balcony, On Site Management, Pond/Pool, Property Manager on Site
5/2004: Blurock Investment A, LLC purchased the building from The Waters at Creekside II, LLC. Grubb & Ellis represented both the buyer and seller. Reference Comps #ORC-76536-07-0420 for more information.
03/04: The Waters At Creekside II LLC purchased the building from
Werdin-Creekside LLC. Grubb & Ellis represented both the buyer and the
seller. Please reference Comps #ORC-06096-02-0420 for more information.
The Waters at Creekside is strategically located in the Greater Airport Area, the most desirable submarket in Orange County. Highly desirable campus-style office comple with exterior landscaping, inviting courtyards, attractive water features and operable windows. Unparalleled amenities base, located a mile from South Coast Plaza, 1 mile from John Wayne International Airport and 2 miles from the beach with immediate proximity to numerous restaurants, hotels and banks. Excellent access to San Diego (I-405), Santa Ana (I-5) and Newport/Costa Mesa (SR-55) freeways and San Joaquin Toll Road (SR-73). Signage potential available.
1/2001: The Werdin Company, with in-house representation, purchased the
Creekside Office Complex. The seller, Creekside Development Company, was
represented by Colliers Seeley.
This is a 2 story Office Building with multiple tenants that currently produces an annualized gross income of $314,665.
The building was highly renovated in 2013 with new HVAC units, new energy efficient roof and tiles, new security doors for utility rooms, renovated public bathrooms, tented for termites, new steel stand-alone mailbox unit, new exterior paint and is consistently being improved. The CAP rate after taxes and insurance would be around 6.75%. It is fully occupied and any tenant that moves out can be replaced with a higher gross tenant. Parking is at 3/1000 sf.
Building E is located within the Waters at Creekside (2900 Bristol Street, Costa Mesa, CA 92626) which is among 10 separately owned Office buildings located in the highly desirable Costa Mesa Airport market area. It is walking distance from the Lab and the Camp retail/restaurant area and within a mile from South Coast Plaza, minutes to John Wayne Airport, Newport Beach, Irvine and Santa Ana. Easy access to the major freeways: 405, 55 and 73.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
John J Pulles
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CLICK HERE TO CONTACT THE LEASING BROKER
FOR LEASE CONTACTS
John J Pulles
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