4175 E La Palma Ave, Placentia, CA 92870 For Sale

CBRE is pleased to present a unique opportunity to acquire 4175 E. La Palma Avenue, a premier two-story office building strategically located in the heart of the Anaheim Technology Corridor. This offering is ideally suited for an owner-user looking to occupy a significant portion of a high-image building while benefiting from substantial in-place income from a roster of stable tenants, including the investment-grade credit tenant, Kaiser Permanente.

Ideal for an Owner-User The property offers an immediate opportunity for an owner-occupant with 12,520 Sq Ft of currently vacant space. Furthermore, with scheduled lease expirations, there is a clear path to occupy over 16,000 Sq Ft by the end of 2026. This allows a buyer to secure a long-term home for their business, build equity, and have existing tenants help pay down their mortgage from day one. The building's smaller suite sizes also offer flexibility for future expansion or contraction.

Substantial and Secure In-Place Income Beyond the owner-user potential, the property provides a stable investment with a projected annual gross income for 2025 of $811,129.90. The building is anchored by Kaiser Foundation Health Plan (S&P: AA-), which has been a tenant at the property since 2002. This secure and diversified income stream provides a durable cash flow to support ownership costs.

Excellent Visibility & Building-Top Signage Opportunity Situated on the highly trafficked corner of East La Palma Avenue and Richfield Road, the property offers outstanding visibility and corporate identity. A new owner-occupant has the rare opportunity to secure prominent building-top signage, capturing the attention of thousands of cars per day along one of North Orange County’s most significant commercial corridors.

Strategic Location The property is located within the dynamic Anaheim office market and offers immediate access to the 91 Freeway, one of Southern California's busiest transportation routes. The area is rich with amenities in all directions.

The building is offered at: $9,975,000 ($230/SF), the asset is priced well below the cost to construct a similar building today, providing a strong value proposition, a hedge against inflation, and an excellent long term basis.