106 W 4th St - Office FOR SALE


Santa Ana, CA 92701- Flower Park
$7,980,000 USD
714-565-8000
106 W 4th St, Santa Ana, CA for Sale
$7,980,000 USD
Office - FOR SALE
1/15
null | 7.11% Cap Rate

106 W 4th St
Santa Ana, CA 92701
Flower Park


HIGHLIGHTS

  • Historic, truly creative office/retail building located at the center of DTSA
  • 8% cap rate on In-Place Office NOI, 6% cap rate on In-Place Retail NOI
  • Basement Vault is ‘bonus’ square footage and upside (~7,500 SF)

OVERVIEW

106 West is a historic office/retail building located on the corner of ‘Main and Main’ (Main and 4th Street) in downtown Santa Ana - walking distance to numerous eateries, coffee shops and retail stores. Designed by famed architect John Parkinson (LA Coliseum, Union Station, LA County Building, etc.), 106 West is a steel frame and concrete building with exposed brick interior walls and abundant windows and natural light. DTSA will soon be further enhanced by the activation of the new OC Streetcar, which will connect 106 West to the Santa Ana train station, and thus to downtown Los Angeles and San Diego. 106 West has gone through extensive renovation yet presents an investor with the opportunity to add value through the remaining repositioning and lease-up.

FOR SALE DETAILS

PRICE

$7,980,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

106 West

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,337 SF

ZONING

SD84

APN/PARCEL ID

398-264-07

ASK ABOUT THIS PROPERTY

Ted TapferTapfer RealtyMore Info
714-565-8000

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Ted TapferTapfer RealtyMore Info
714-565-8000

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