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4128 W Commonwealth Ave 16,656 SF 100% Leased Office Building Fullerton, CA 92833 $4,400,000 ($264.17/SF) 5.87% Cap Rate
Investment Highlights
- Historically high occupancy
- Adjacent to a municipal airport
- Diverse tenant mix
- 100% Leased
- Excellent access to major freeways
- Ample parking
Executive Summary
Colliers is pleased to present the opportunity to acquire 4128 W Commonwealth Avenue, a highly accessible and strategically positioned multi-tenant office asset in the heart of Fullerton, California. This 16,656 SF office building sits directly adjacent to the Fullerton Municipal Airport, offering a unique blend of visibility, connectivity, and convenience rarely found in North Orange County's suburban office market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,656 SF
Building Class
B
Year Built/Renovated
1982/2006
Price
$4,400,000
Price Per SF
$264.17
Cap Rate
5.87%
NOI
$258,322
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,328 SF
Slab To Slab
11’
Building FAR
0.47
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
G-C - General Commercial
Parking
62 Spaces (3.72 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Property Manager on Site
- Security System
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 070-241-47 | Improvements Assessment | $1,115,517 |
| Land Assessment | $1,494,795 | Total Assessment | $2,610,312 |
Property Taxes
Parcel Number
070-241-47
Land Assessment
$1,494,795
Improvements Assessment
$1,115,517
Total Assessment
$2,610,312
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