1150 E Orangethorpe Ave - Medical FOR SALE


Placentia, CA 92870
$6,375,000 USD
949-500-6654
1150 E Orangethorpe Ave, Placentia, CA for Sale
$6,375,000 USD
Medical - FOR SALE
1/23
null | Request Cap Rate

1150 E Orangethorpe Ave
Placentia, CA 92870


HIGHLIGHTS

  • Two-story ±16,761-SF multi-tenant office building on ±0.90 acres with no association.
  • Medical conversion possible per the C-O Zoning.
  • Buyer can occupy ±9,631 SF in the near term and the entire building by 8/31/2026.
  • Extensive, recent renovations complete in 2018 with high-class finishes throughout.
  • New silicone roof, upgraded elevator, and HVAC units with high efficiency rating.
  • Highly acclaimed restaurants and amenities in the immediate vicinity.

OVERVIEW

Two-story, elevator-served, 16,761 square foot office building built in 1988 on its own parcel totaling approximately 0.90-acres (no association). Medical conversion is possible as parking required by the city is the same ratio as necessary for office (4:1 ratio).

FOR SALE DETAILS

PRICE

$6,375,000 USD

PRICE/SF

$380 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C-O

APN/PARCEL ID

345-151-01

ASK ABOUT THIS PROPERTY

Geoffrey DeWolfEconomos DeWolf, Inc.More Info
949-500-6654

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Geoffrey DeWolfEconomos DeWolf, Inc.More Info
949-500-6654

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