949-378-7364
2300 E Katella Ave, Anaheim, CA for Sale
Office - FOR SALE
1/27
null | Request Cap Rate

2300 E Katella Ave
Anaheim, CA 92806
Platinum Triangle


HIGHLIGHTS

  • WELL-LOCATED, HIGH-IMAGE JEWEL BOX OFFICE IN THE PLATINUM TRIANGLE
  • EXCEPTIONAL ORANGE COUNTY MARKET FUNDAMENTALS
  • WORLD RENOWNED ENTERTAINMENT WORK, LIVE, PLAY LOCATION

OVERVIEW

* WELL-LOCATED OFFICE IN THE PLATINUM TRIANGLE | 2300 E. Katella offers an exciting opportunity to acquire a corner lot, four-story building directly facing Angel Stadium and within a a revitalizing Central Orange County location. * HIGH-IMAGE JEWEL-BOX | The institutionally-managed property has excellent improvements. The glass and steel structure provides phenomenal windows lines and illuminates the surrounding highrises, sports and entertainment venues and rolling hills. * RESILIENT IN-PLACE INCOME | In-place leases provide ±$1.33 million in annual income. Tenants from diversified industries have evenly-staggered rollovers, with only approximately one-third of the spaces expiring within the next three years. * STABILIZED OFFICE INVESTMENT WITH UPSIDE | The property is currently ±86% leased. Future ownership can unlock additional value by leasing up current vacancies, which would lift pro-forma income to approximately ±$1.5 million. EXCEPTIONAL MARKET FUNDAMENTALS * CORE MARKET | Orange County is among the top investment markets in the Americas among investors, reflecting the county’s resilient industries, stable economic fundamentals and sustained rent growth. With strong employment and an attractive quality of life, Orange County is a highly sought-after gateway market. * PROJECTED GROWTH | According to CBRE Econmetric Advisors, Orange County is projected to add ±72,000 new jobs over the next 5 years. Orange County’s rent growth is projected to be among the top-five in the country, at more than ±13.4% over the next five years. * TOP-TIER EDUCATION | Orange County is home to a world-class educational system. These institutions routinely supply the region with some of OC’s top talent pool each year. WORLD RENOWNED ENTERTAINMENT WORK, LIVE, PLAY LOCATION * HIGHLY DESIRABLE LOCATION | Anaheim us 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 has convenient freeway access and offers ease of commute. * ACROSS FROM ANGEL STADIUM | The property sits immediately across the street from Angel Stadium, home to the Los Angeles Angels of Anaheim, and down the street from Honda Center home to the Anaheim Ducks. In addition to these historic professional franchises, the property has walkable retail, entertainment and housing amenities. * CENTRALIZED REAL ESTATE | The property is served by Interstate 5, Hwy 57 and Hwy 22 as well as Hwy 55 a few miles away. This provides immediate access to Orange County, Los Angeles Count and even San Bernardino and Riverside Counties making it one of the most centralized residential locations in Southern California. The property is also down the street from Anaheim Regional Transportation Intermodal Center, Amtrak’s train station, 15 minutes from John Wayne Airport, and 20 minutes from Long Beach Airport.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stadium Towers

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

258

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

GI

APN/PARCEL ID

253-532-04

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.