1043 Civic Center Dr W - Office FOR SALE


Santa Ana, CA 92703- Washington Square
$2,650,000 USD
949-419-3276
1043 Civic Center Dr W, Santa Ana, CA for Sale
$2,650,000 USD
Office - FOR SALE
1/26
null | 2.34% Cap Rate

1043 Civic Center Dr W
Santa Ana, CA 92703
Washington Square


HIGHLIGHTS

  • Priced at a Low Price Per Square Foot of $314 for a Highly Upgraded Professional Building
  • Completely Renovated in 2006
  • High Grade Finishes Throughout with Sound Proofing Walls and Stainless- Steel Stairwell
  • Ideally Located in Close Proximity to all County, State and Federal Courthouses
  • Ample On-Site Parking Provided
  • Convenient Access to the I-5, 55 and 22 Freeways

OVERVIEW

INVESTMENT SUMMARY arcus & Millichap is pleased to offer for sale 1043 Civic MCenter Drive West, a high-quality two-story office building located in the city of Santa Ana, California. This building consists of approximately 8,500 square feet and is situated on 0.40 acres. Located just a city block west of the Orange County Superior Courthouse and directly across from the Santa Ana Police Department, Orange County Sheriff’s Department and Orange County Jail facilities, this property is ideally suited for the legal profession or other services who have a need to interact with various civic (federal, state and county) legal divisions. Also located immediately nearby are the Federal Court and California Appellate Court facilities. Originally built in 1955 and then later effectively re-built in 2006 after having suffered a fire that destroyed the entire second floor, the building consists of steel frame construction with stucco and glass exterior. According to the owner there-build was performed at tremendous expense to meet or exceed the newer earthquake standards, along with superior soundproofing and a green design including florescent lights and special insulation. The current configuration is comprised of four office suites ranging in size from approximately 500 to 5,300 square feet. The building provides ample surface parking via a rear parking lot, along with additional off-site parking. With an attractive lobby and flexible floor plans, the building is well suited for a single-tenant, multi-tenant, or an executive suites office operation. With the option to occupy the building, 1043 Civic Center Drive West is well suited for either an owner/user or a long-term investor. An owner/user can choose to occupy all the property or occupy a portion and lease out the remaining vacant space. Alternatively, an investor can purchase this desirable, well-located building at attractive pricing for a newer building in an irreplaceable location.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

2.34%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner User Opp. Highly Upgraded Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

SD-20, Santa Ana

APN/PARCEL ID

405-181-17

ASK ABOUT THIS PROPERTY

Alex MobinMarcus & MillichapMore Info
949-419-3276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Alex MobinMarcus & MillichapMore Info
949-419-3276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.