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Off Market
1/7

2100 E 4th St
Santa Ana, CA 92705


HIGHLIGHTS

  • Government Lease
  • Credit Rated Tenant - Consulate of the United Mexican States
  • Below Market Rents allow for future increase in returns OR redevelopment for multifamily or senior housing.

OVERVIEW

This two-story office building is located in the Park Center Submarket of Orange County and is currently 100% leased to the Consulate of The United Mexican States, one of the busiest locations for the Mexican Consulate. Built in 1975, the Property is situated on 1 parcel totaling ±1.27 acres and is located directly between the 5 and 55 Freeways, within an area that many multifamily developers have identified for their next development grounds. This is the opportunity to purchase a single tenant building with a very stable government tenant. Rental rates are below market, but purchasing this property provides an opportunity to (a) bring the tenant to market rates upon expiration for a 46.62% 2yr IRR or 15.48% 10yr IRR, (b) identify a new tenant willing to pay market rents, or (c) explore the redevelopment opportunities for multifamily or senior housing in this area

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Mexican Consulate

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

24131

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

1.27 AC AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

400-091-01