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Investment Highlights
- Four individual office units, all currently occupied by month-to-month dental tenants providing immediate income.
- Convenient freeway access to I-5, SR-22, and SR-57 enhances connectivity throughout Orange County and nearby business hubs.
- Month-to-month leases offer flexibility to maintain cash flow, increase rents to market, or transition to owner occupancy.
- Medical office building income property ideal for an owner-user or value-add investor.
Executive Summary
Acreage Real Estate proudly presents the commercial Medical Office income property offering a strong opportunity for an owner-user or value-add investor. The building consists of four individual office units, all currently occupied by month-to-month tenants that are all Dentists, providing immediate income with excellent flexibility for future repositioning or owner occupancy.
The month-to-month tenancy structure allows a new owner to retain existing cash flow, adjust rental rates to market, or phase in owner occupancy with minimal disruption. Well-suited for professional office use, the property is ideal for medical, legal, accounting, consulting, or other small business operations.
Centrally located in Santa Ana, the property benefits from convenient access to major streets, freeways, and surrounding commercial corridors, making it attractive to both tenants and owner-users. The site offers quick connectivity to the I-5, SR-22, and SR-57 freeways, providing efficient access throughout Orange County and to nearby employment and business hubs. This is a rare opportunity to acquire a manageable multi-tenant office asset with upside potential in a well-established Orange County market.
The month-to-month tenancy structure allows a new owner to retain existing cash flow, adjust rental rates to market, or phase in owner occupancy with minimal disruption. Well-suited for professional office use, the property is ideal for medical, legal, accounting, consulting, or other small business operations.
Centrally located in Santa Ana, the property benefits from convenient access to major streets, freeways, and surrounding commercial corridors, making it attractive to both tenants and owner-users. The site offers quick connectivity to the I-5, SR-22, and SR-57 freeways, providing efficient access throughout Orange County and to nearby employment and business hubs. This is a rare opportunity to acquire a manageable multi-tenant office asset with upside potential in a well-established Orange County market.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,494 SF
Building Class
C
Year Built
1959
Price
$1,250,000
Price Per SF
$501.20
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,494 SF
Slab To Slab
11’
Building FAR
0.42
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
Office
Parking
10 Spaces (4.01 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- California Dentistry-Santa Ana
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| California Dentistry-Santa Ana | Health Care and Social Assistance | - | - | - |
1 1
Walk Score®
Very Walkable (72)
Property Taxes
| Parcel Number | 405-284-28 | Improvements Assessment | $170,671 |
| Land Assessment | $796,481 | Total Assessment | $967,152 |
Property Taxes
Parcel Number
405-284-28
Land Assessment
$796,481
Improvements Assessment
$170,671
Total Assessment
$967,152
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