2742 Dow Ave - Office FOR SALE


Tustin, CA 92780
$24,928,278 USD
949-724-1000
2742 Dow Ave, Tustin, CA for Sale
$24,928,278 USD
Office - FOR SALE
1/9
null | 5.75% Cap Rate

2742 Dow Ave
Tustin, CA 92780


HIGHLIGHTS

  • Stabilized NNN Asset with Secure Cash Flow Through 12/2029
  • Potential for Owner User Sale
  • $6 Million in Tenant-Funded Improvements
  • Modernized, High-Functionality Construction
  • NNN Lease Structure with Minimal Landlord Responsibility

OVERVIEW

SRS Industrial is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in 2742 Dow Avenue, a fully leased NNN office/lab investment property located in the heart of Tustin, California, one of Orange County’s most sought-after commercial submarkets. The property is leased to Memorial Health Services through December 2029, with a coterminous sublease in place to Doctor’s Best Inc., offering stable cash flow and limited landlord responsibilities. Both leases are structured as NNN, with tenants responsible for all taxes, insurance, and maintenance, creating a true management-free investment ideal for passive or out-of-state investors. The building totals ±51,588 square feet and sits on ±2.80 acres, featuring tilt-up construction, modern finishes, and a favorable ±4.0:1,000 SF parking ratio. Four sides of surface parking and dual-story buildout provide flexibility for R&D, life sciences, and creative office users. Strategically located just off the I-5, SR-55, and SR-261 freeways, the property offers superior regional accessibility. It benefits from proximity to Irvine and Santa Ana and sits within a dynamic trade area surrounded by Fortune 500 companies, educational institutions, and affluent residential communities. With limited new office development and continued demand from service and medical users, 2742 Dow Avenue represents a compelling opportunity for investors seeking a stabilized, long-term asset in a premier Southern California location.

FOR SALE DETAILS

PRICE

$24,928,278 USD

PRICE/SF

$483 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

PC, Tustin

APN/PARCEL ID

432-491-15

ASK ABOUT THIS PROPERTY

James deRegtSRS National Net LeaseMore Info
949-724-1000

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James deRegtSRS National Net LeaseMore Info
949-724-1000

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