Listed by Lee & Associates - Newport Beach
$10,474,000
5405 Garden Grove Blvd
Details
APN 203-103-04
Property Type Office
Sub Type Executive Office
Square Footage 35,169
Tenancy Multi
Class A
Year Built 1981
Stories 3
Acreage 0.780
Parking Spaces 116 spaces
Parking Per SqFt 3.30
Investment Type Owner/User
Office | 35,169 SqFt
Marketing description
Lee & Associates® is pleased to present the opportunity to acquire 5405 Garden Grove Boulevard, a freestanding, multistory office building positioned to be sold to an owner-user. The Property offers a rare opportunity for a user to acquire a well-located Orange County office building with the ability to occupy up to ±23,356 square feet, making it ideally suited for SBA financing with minimal equity requirements.
Strategically located at the convergence of the 405 and 22 Freeways, the Property provides excellent accessibility to both Los Angeles and Orange County labor pools. Ownership has the ability to deliver large contiguous blocks of space, allowing an owner-user to control occupancy costs while benefiting from long-term appreciation.
Investment highlights
- Parking 3.5/1000 Parking, 27 grade-level parking garage spaces, 29 surface parking spaces, 60 parking structure spaces, Total parking spaces:116
- Construction Steel-frame office building
- Elevator One (1) hydraulic passenger elevator
- Land Area ±0.78 Acres
- Restrooms Men’s & Women’s on each floor
- Ability to deliver large contiguous space for owner-user occupancy up to the entire building with relocation of tenants
- SBA-eligible building size and configuration
- Concrete-frame construction with efficient floor plates
- Elevator-served floors with strong natural light
- Excellent visibility and frontage on Garden Grove Boulevard
- Freeway visible signage with 360,000 vehicles passing by daily, one of the busiest freeway segments in the United States.
- Immediate access to the 405 and 22 Freeways
- Opportunity to offset occupancy costs through short-term lease income
- Rare chance to acquire a free-standing office building in West Orange County
Listing Contacts
Listed by Lee & Associates - Newport Beach
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