1324 S Euclid St - Loft/Creative Space FOR SALE


Anaheim, CA 92802- South Anaheim
$6,083,000 USD
323-868-1303
1324 S Euclid St, Anaheim, CA for Sale
$6,083,000 USD
Loft/Creative Space - FOR SALE
1/1
null | 6% Cap Rate

1324 S Euclid St
Anaheim, CA 92802
South Anaheim


HIGHLIGHTS

  • Strong Visibility

OVERVIEW

1324 S. Euclid Street consists of an 8,854-sf building situated on 25,962 sf of land. It is 100% leased to DaVita Dialysis (NYSE: DVA) and has 4 1/2 years remaining in the current lease term with 3.5% annual rent increases. Davita completely renovated this building in 2012 prior to moving into the property. It remains committed to this location by recently exercising its first of two 5-year renewal options which extended the lease to July 31, 2030. The lease is a modified double net lease that requires Davita to pay all operating expenses, except for costs related to structural damage to the property. The property is priced at 6% cap rate.

FOR SALE DETAILS

PRICE

$6,083,000 USD

PRICE/SF

$687 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anaheim Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

25,962 SF

ZONING

C2

APN/PARCEL ID

129-191-18

ASK ABOUT THIS PROPERTY

Ken CowardKGC Real EstateMore Info
323-868-1303

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Ken CowardKGC Real EstateMore Info
323-868-1303

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