INSTITUTIONAL QUALITY CAMPUS WITH LONG-TERM CREDIT TENANCY
* High-image project, consisting of three separately-parceled buildings within a well-appointed campus setting that offers a corner-lot location, sweeping mountain views, and frontage along one of North Orange County’s most prominent commercial corridors with exceptional surrounding amenities.
* Recent multi-million-dollar renovations provide ease of management, with no anticipated future capital expenditures.
* Strong historical occupancy, averaging above 97% over the last 10 years and reflecting a tenant roster with a deep commitment to the project.
4123-4125 E. LA PALMA
100%-leased industrial building with two industry-leading companies: Endress and Hauser is a global instrumentation and process automation company; and Parex USA, a leader in facade finishing solutions. Both have been tenants since 2004.
4155-4165 E. LA PALMA -Also Available
100%-leased multi-tenant industrial/office building featuring credit tenancy. 79% of the rentable area is leased until 2021, providing cash flow stability and certainty.
4175 E. LA PALMA -Also Available
91%-leased multi-tenant office building, with 62% of leased spaces expiring in 2021 or thereafter, providing stability and certainty of cash flow. Kaiser Foundation Health Plan, the anchor tenant, has significantly increased its footprint at the property, growing by approximately 600% since 2002.
EXCEPTIONAL GATEWAY LOCATION WITH STRONG MARKET FUNDAMENTALS
* Ideal Anaheim Technology Corridor location, a healthcare and technology corridor along La Palma Avenue, at the convergence of Orange County and the Inland Empire, offering unfettered access to a deep and talented labor pool, world-class schools, millennial workforce and executive housing
* North Orange County’s strong positive absorption and lack of new development have pushed industrial vacancy down to a historic low of 0.6% in 1Q18.
* Dynamic Anaheim/Anaheim Hills office submarket features one of the lowest vacancy rates (9.8% direct vacancy in 1Q2018) and highest rent growths (8.3% 2-year growth) in Orange County.
