949-378-7364
222 S Harbor Blvd, Anaheim, CA for Sale
Office - FOR SALE
1/32
null | Request Cap Rate

222 S Harbor Blvd
Anaheim, CA 92805
Downtown Anaheim


HIGHLIGHTS

  • Trophy Office Tower Investment Opportunity in Downtown Anaheim, CA
  • Retail Mecca Location in Part of Anaheim's Colony Historical District
  • World Renowned Entertainment Work, Live, Play Location
  • Blue-Chip Tenancy | Durable Income Stream with Value-Add Potential

OVERVIEW

Trophy Office Tower Investment Opportunity in Downtown Anaheim, CA + Class A Office Tower | Anaheim City Centre presents new ownership with the incredible opportunity to own a premier office tower in North Orange County. The 10-story multi-tenant office building consists of ±187,190 SF square feet on a 3.2-acre site in the heart of Downtown Anaheim. + Blue-Chip Tenancy | At ±85.4% leased to nineteen (19) tenants, the tenant roster is loaded with government and credit rated tenants including Wells Fargo (Fitch A+), County of Orange (Fitch AAA), State of California (Fitch AA), DB Insurance (S&P A+), Radnet (S&P B+), Posco Daweoo Corporation(S&P BBB+) + Durable Income Stream With Value-Add Potential | The asset is underpinned by a net operating income of ±$3.49 million in year 1, with annual escalation and a long-term WALT totaling ±6.5 years. This reliable immediate yield is paired with upside through the leasing of remaining vacant suites. Retail Mecca Location + Walker’s Paradise | Step outside of Anaheim City Centre and Anaheim’s thriving retail scene is front and center. The Property sits at the heart of Downtown Anaheim’s diverse retail district, home to The Packing House, Center Street Promenade, Anaheim Towne Center, and a walkable neighborhood of restaurants, shops, and entertainment. With a Walk Score of 95+, the Property and its neighborhood is a "Walker's Paradise." + Where Anaheim Shops, Dines and Thrives | Part of Anaheim’s Colony Historical District, a walkable and increasingly trendy neighborhood with scores of shops, restaurants and attractions. The Property’s front door opens to: Center Street Promenade, The Packing House, The Rinks Anaheim ICE, and Anaheim Towne Center. World Renowned Entertainment Work, Live, Play Location + Highly Desirable Location | Anaheim is home to world-famous Disneyland, whose $2-billion upgrades over the next decade and annual economic impact of $5.7 billion reflect a commitment to Central Orange County that reflects the area’s deep employment pool and excellent infrastructure system that can absorb hyper-growth. This central location offers convenient freeway access and ease of commute. + Resort-Style Amenities | Located within miles of to The Angel’s Stadium Honda Center, Disneyland Resort and Platinum Triangle, the property is surrounded by abundant amenities in an upscale Central Orange County submarket with significant recent and upcoming developments, including the market altering Big A and OCVIBE projects. Significant revitalization of Downtown Anaheim, led by approximately 5,900 new homes and apartments delivered to Anaheim in the last decade, plus more than 3,500 planned and under constructions, per CoStar.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anaheim City Centre

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

O-L

APN/PARCEL ID

036-191-28

ASK ABOUT THIS PROPERTY

Anthony DeLorenzoCBRE, Inc.More Info
949-378-7364

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Anthony DeLorenzoCBRE, Inc.More Info
949-378-7364

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