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28892627
28892626

921 Poinsettia St N, Santa Ana, CA 92701

DN
CA 00000000
Caribou Industries
Listed by Caribou Industries
$6,425,000
176 days on market
Updated 87 days ago
Opportunity zone

Private Rolling Arts Auto Museum and Live Recording Studio

Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 15,212
Net Rentable (SqFt) 15,212
Cap Rate 5%
NOI $321,271
Occupancy 100%
Lease Type NNN
Lease Term 20
Remaining Term 20
Price per SqFt $422
Year Built 2001
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.820
Parking Spaces 36 spaces
Parking Per SqFt 2.37
Investment Type Stabilized
Ceiling Height 22' +/-
Ownership Fee Simple

15,212 SF of Private Rolling Arts Auto Museum and World Class Live Recording Studio

Marketing description

921 N. Poinsettia is a Private Rolling Arts Auto Museum and World Class Live Recording Studio. The property sits at 15,212 SF and is in the highly desired Santa Ana, the Capital City of Orange County. The property is For Sale as a Sale-Leaseback on a NNN Lease at $35,759/mo. for a 20 Year Term with the tenant being one of the largest developers in all of Orange County with 5.5M SF developed in Santa Ana alone. The transaction represents a generational investment with an A-Rated Credit Tenant in tow.
The property is 5 Minutes Walking Distance (TOD - Transit-Oriented Development) from Santa Ana Regional Transportation Center and the new Downtown Santa Ana Streetcar Light Rail. The Property is also located in Opportunity Zone which allows for great tax benefit advantage. The property has immediate proximity to 5/55/22/57 Freeway and the Vibrant Santa Ana Historic Downtown Area.

Investment highlights

  • 15,212 SF of Private Rolling Arts Auto Museum and World Class Live Recording Studio

  • Owner, One of OC’s Largest Developers with over 5.5M SF in Santa Ana, CA

  • 3 Ground Level Truck Loading Roll-Up Doors

  • Rare Opportunity Sale-Leaseback at 5% CAP Rate

  • A-Rated Credit Tenant

  • 20 Year Lease Balance from C.O.E.

Listing Contacts

DN
CA 00000000
Caribou Industries
Listed by Caribou Industries

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$321,271.00
$26,772.58/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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