Lee & Associates is pleased to offer an exciting opportunity to purchase a partially leased two-tenant industrial building in Garden Grove, California. The partially leased nature offers a great owner/user opportunity to occupy 12833 Monarch Ave while collecting the income from 7221 Acacia. The tenant in 7221 Acacia does not have an option to renew their lease, thus creating the opportunity to occupy it for future expansion. The property totals approximately 19,695 square feet with approximately 6,305 square feet of bonus office mezzanine. It is ideally located within the West Orange County industrial market, with immediate access to the 22 freeway and adjacent to multiple industrial development projects in one of the best industrial markets in the country.
Property Highlights for the Vacant Portion (12833 Monarch):
» 20’ Warehouse Clearance
» 400 Amps 277/480 V of Power
» Approximately 4,000 SF of Ground Floor Office
» Approximately 4,000 SF of Bonus Office Mezzanine
» Restrooms in the Warehouse and Second Floor
» One (1) Ground Level Loading Door
» High-Image Corner Location