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1701 N Main St 13,270 SF 100% Leased Office Building Santa Ana, CA 92706 $4,690,000 ($353.43/SF) 5.08% Cap Rate



Investment Highlights
- Heavy daily traffics, 2 story building, high visibility to public
- Plenty parkings, corner store
- Long term tenants, elevator ready, multiple tenants
Executive Summary
Attractive investment opportunity to acquire a well-located two-story professional office building in Santa Ana offering a stable and strong capitalization rate in an established Orange County market. The property consists of approximately 12,460 sqft of rentable building area situated on a huge sizable 38,333 sqft lot (~0.88 acres), providing both stable income and long-term upside. Constructed in 1977, the building supports a broad range of professional and commercial uses, including medical, dental, accounting, education/school, professional services, real estate, retail, special use, and multi-tenant office configurations. The flexible layout accommodates single-tenant or multi-tenant occupancy, appealing to a diverse tenant base and enhancing income durability. The expansive lot allows for ample on-site parkings and presents value-add potential through lease-up, tenant repositioning, or reconfiguration of suites to improve cash flow, subject to local zoning and city approvals. Investors benefit from current income at a stable cap rate with opportunities to increase NOI over time. Strategically positioned with convenient access to major thoroughfares in Santa Ana, the property offers strong visibility and accessibility within a high-demand commercial corridor. Ideal for investors seeking a stable professional office asset with reliable returns, as well as owner-users looking to offset occupancy costs through rental income.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
13,270 SF
Building Class
B
Year Built
1977
Price
$4,690,000
Price Per SF
$353.43
Cap Rate
5.08%
NOI
$238,252
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,635 SF
Building FAR
0.33
Lot Size
0.91 AC
Zoning
C-1, Santa Ana
Amenities
- Security System
- Signage
- Air Conditioning
- Balcony
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Sorour DMD PC
- Health Care and Social Assistance
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Sorour DMD PC | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 |
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Numbers | Improvements Assessment | $902,355 | |
| Land Assessment | $1,130,507 | Total Assessment | $2,032,862 |
Property Taxes
Parcel Numbers
Land Assessment
$1,130,507
Improvements Assessment
$902,355
Total Assessment
$2,032,862
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1701 N Main St
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