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5405 Garden Grove Blvd 35,169 SF 67% Leased Office Building Westminster, CA 92683 $10,474,000 ($297.82/SF)
Investment Highlights
- Ability to deliver large contiguous space for owner-user occupancy up to the entire building with relocation of tenants
- Freeway visible signage with 360,000 vehicles passing by daily, one of the busiest freeway segments in the United States.
- Rare chance to acquire a free-standing office building in West Orange County
- SBA-eligible building size and configuration
- Opportunity to offset occupancy costs through short-term lease income
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
35,169 SF
Building Class
B
Year Built
1981
Price
$10,474,000
Price Per SF
$297.82
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,723 SF
Building FAR
1.04
Lot Size
0.78 AC
Zoning
C-2, Westminister
Amenities
- Wheelchair Accessible
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Move In Ready - 8 Offices, Conference Room, Open Kitchen, large open work area on the window line. Double Door Entry.
- 2nd Fl-Ste 250
- 5,366 SF
- Office/Medical
- Partial Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 6,390 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Fl-Ste 250 | 5,366 SF | Office/Medical | Partial Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 6,390 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 250
| Size |
| 5,366 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size | 6,390 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Move In Ready - 8 Offices, Conference Room, Open Kitchen, large open work area on the window line. Double Door Entry.
Property Taxes
| Parcel Number | 203-103-04 | Improvements Assessment | $5,577,593 |
| Land Assessment | $2,119,486 | Total Assessment | $7,697,079 |
Property Taxes
Parcel Number
203-103-04
Land Assessment
$2,119,486
Improvements Assessment
$5,577,593
Total Assessment
$7,697,079
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5405 Garden Grove Blvd
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