Lambert-Palm | Investment, Owner/User, Development Opp
2.37 acres
Marketing description
Lambert-Palm is a rare ±2.37-acre infill investment, owner/user or redevelopment opportunity located in the high-demand corridor of North Orange County.
The current asset—a 31,441 SF Class C office building— offers an incredible Orange County location with flexible office sizes and great visibility on a major thoroughfare. The property will be offered unpriced.
The existing improvements consist of a Class-C office building with 33 tenants, currently 91.46% occupied. Contact agent for more details regarding lease terms
Investment highlights
Remarkable Orange County Office Building. Available as a Owner/User, Investment or Development Opportunity
Owner/User Potential : Approximately 16,000 square feet can be available within 12 months of a projected close date for owner user, allowing for SBA Financing. Remaining tenancy provides additional income.
Investment : Historical occupancy has been high with recent capital improvements, creating a stable Orange County investment opportunity.
Industrial Development : The property is well-suited for an industrial redevelopment. The property is currently zoned M1 - Light Industrial. The property is located on major street frontage with two (2) access points. Site may be able to accommodate up to 45k square feet of new Industrial with a yard.
Other Development : Additional permitted uses are car wash, automotive repair and medical laboratories. General Retail and restaurants are Conditionally Approved Uses.
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