Rare opportunity to acquire a fully stabilized single-tenant office investment in the heart of the Downtown Santa Ana Civic Center. Located at 801 N. Ross Street, this purpose-built two-story office building was constructed in 2007 for Aladdin Bail Bonds and has been occupied by the tenant for nearly two decades, offering investors durable tenancy in one of the most specialized legal and governmental corridors in Southern California. The property contains approximately 4,168 square feet on an 11,583 square foot corner lot with strong street presence, excellent visibility, and an attractive on-site parking ratio of approximately 2.63 spaces per 1,000 square feet.
The asset is offered at $2,650,000 and is 100% leased, generating current annual rent of $175,920, which equates to a 6.64% cap rate on current income. The lease is effectively NNN, with the tenant paying property taxes, utilities, and most maintenance, resulting in a low-management investment profile. Aladdin Bail Bonds, the largest bail bond operator in California, occupies the property under a lease running through May 31, 2027, and has expressed interest in extending early.
What makes this offering especially compelling is its irreplaceable location directly across from the Santa Ana jail facilities and within immediate proximity to the Orange County Superior Court, Ronald Reagan Federal Building, U.S. District Court, ICE, ATF, and numerous other city, county, and federal agencies. In addition, the property benefits from a Special Conditional Use Permit allowing bail bond use in a tightly regulated zoning environment, creating a significant barrier to entry and making this a highly defensible location for the current tenant’s business