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5555 Garden Grove Blvd 33,895 SF 68% Leased Office Building Westminster, CA 92683 $10,903,000 ($321.67/SF)
Investment Highlights
- Ideal for owner-users requiring potentially 10,000 SF of office with growth opportunity
- Excellent freeway access and regional connectivity
- Medical office occupancy potential
- Opportunity to control long-term occupancy costs through ownership
Executive Summary
5555 Garden Grove Boulevard presents a compelling opportunity for
an owner-user seeking a strategically located office building with
phased occupancy potential. The Property can accommodate a user
occupying up to ±17,598 square feet initially, with additional space
delivered over time, making it suitable for an owner-user with flexible
occupancy timing.
The building portion of the sale which may materially impact valuation
and the building also has the potential for a portion of the building
to be medical use.
USER-RELEVANT FACTS
• User occupancy potential of ±17,598 SF initially
• Potential office occupancy
• Ability to grow into the building over time
an owner-user seeking a strategically located office building with
phased occupancy potential. The Property can accommodate a user
occupying up to ±17,598 square feet initially, with additional space
delivered over time, making it suitable for an owner-user with flexible
occupancy timing.
The building portion of the sale which may materially impact valuation
and the building also has the potential for a portion of the building
to be medical use.
USER-RELEVANT FACTS
• User occupancy potential of ±17,598 SF initially
• Potential office occupancy
• Ability to grow into the building over time
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
33,895 SF
Building Class
B
Year Built
1981
Price
$10,903,000
Price Per SF
$321.67
Percent Leased
68%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,298 SF
Building FAR
1.21
Lot Size
0.64 AC
Zoning
C-2 - Commercial
Amenities
- Controlled Access
- Security System
- Wheelchair Accessible
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2nd Floor space on the corner of the building with double door entry
- 3rd Fl-Ste 300
- 3,903 SF
- Office/Medical
- Partial Build-Out
- Now
Move in Ready - Conference Room, open area.
Move in Ready - Three window Offices, Conference Room, storage, kitchen/work room and reception.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 105 | 3,640 SF | Office/Medical | Partial Build-Out | Now |
| 3rd Fl-Ste 300 | 3,903 SF | Office/Medical | Partial Build-Out | Now |
| 3rd Fl-Ste 365 | 1,201 SF | Office/Medical | Partial Build-Out | Now |
| 3rd Fl-Ste 375 | 1,948 SF | Office/Medical | Partial Build-Out | Now |
1st Fl-Ste 105
| Size |
| 3,640 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 3,903 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 365
| Size |
| 1,201 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
3rd Fl-Ste 375
| Size |
| 1,948 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 105
| Size | 3,640 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
2nd Floor space on the corner of the building with double door entry
3rd Fl-Ste 365
| Size | 1,201 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
Move in Ready - Conference Room, open area.
3rd Fl-Ste 375
| Size | 1,948 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
Move in Ready - Three window Offices, Conference Room, storage, kitchen/work room and reception.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 203-103-10 | Improvements Assessment | $5,577,593 |
| Land Assessment | $1,673,278 | Total Assessment | $7,250,871 |
Property Taxes
Parcel Number
203-103-10
Land Assessment
$1,673,278
Improvements Assessment
$5,577,593
Total Assessment
$7,250,871
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5555 Garden Grove Blvd
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