1717-1745 W Orangewood Ave - Office FOR SALE


Orange, CA 92868 | 
$14,500,000 USD
858-210-8282
1717-1745 W Orangewood Ave, Orange, CA for Sale
$14,500,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

1717-1745 W Orangewood Ave
Orange, CA 92868


OVERVIEW

Orangewood Plaza presents a unique opportunity to acquire a three-building, multi-tenant commercial campus in the City of Orange, California. Located at 1717 W. Orangewood Avenue, 1745 W. Orangewood Avenue, and 571 N. Poplar Street, the property encompasses approximately 153,404 square feet of land and combines established in-place rental income with significant future repositioning potential. The campus consists of a mix of professional office and light industrial/flex spaces with ample parking, well-maintained common areas and landscaping, flexible suite configurations, and professional property management. The property currently accommodates a diverse multi-tenant environment, providing an established income stream while offering additional upside through lease-up of the remaining vacant suites. 1717 W. Orangewood Avenue is a single-story building with approximately 18,623 leasable square feet and is currently 100% occupied by nine tenants, generating approximately $26,592.21 in monthly base rent. 1745 W. Orangewood Avenue is a two-story building with approximately 20,107 leasable square feet, with eight of eleven suites currently occupied and monthly base rent of approximately $21,788.12. Three suites totaling approximately 8,416 square feet are currently available. 571 N. Poplar Street is a single-story building with approximately 15,543 leasable square feet, with eight of nine suites occupied and monthly base rent of approximately $25,535.97. One approximately 1,308-square-foot suite remains available. Based on the provided figures, the three properties currently generate approximately $73,916 in combined monthly base rent, or approximately $887,000 annually before expenses, while offering additional income potential through stabilization of the vacant suites. Strategically located near Angel Stadium, Honda Center, restaurants, retail, and business services, Orangewood Plaza offers immediate access to SR-57 and convenient connectivity to I-5 and SR-22. Its central Orange County location provides access to major employment centers, healthcare facilities, entertainment destinations, and transportation corridors. In addition to its current income-producing use, the substantial site may offer longer-term repositioning or redevelopment potential for residential, medical, administrative, showroom, or other compatible uses, subject to zoning, City approvals, entitlements, existing leases, and buyer verification. Buyers pursuing redevelopment may have opportunities to coordinate lease buyouts and tenant transitions as part of a future development strategy. For investors focused on existing rental income, detailed financial information, rent rolls, and lease documentation will be made available upon execution of an NDA and verification of proof of funds. Lease expiration information is available for buyers evaluating potential redevelopment strategies. Professional photography and drone imagery will be added at a later date. A comprehensive Offering Memorandum is currently in preparation. All square footage, rents, occupancy, zoning, development potential, and other property information should be independently verified by prospective purchasers.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$739 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1717 & 1745 Orangewood Ave & 571 Poplar Ave

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,991 SF

ZONING

M1

APN/PARCEL ID

386-362-01,386-362-02

ASK ABOUT THIS PROPERTY

Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

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Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

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