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8471 Garden Grove Blvd 4,500 SF 56% Leased Office Building Garden Grove, CA 92844 $2,900,000 ($644.44/SF) 5.59% Cap Rate
INVESTMENT HIGHLIGHTS
- Dental or Commercial
EXECUTIVE SUMMARY
This property features two buildings with excellent potential for an owner-user, ideally suited for a dental or medical office. Located on a prime hard corner lot, the property offers ample parking for clients and staff. The first building is 2,000 sq ft, while the second is a 2,500 sq ft, two-story structure that is currently leased. With its strategic location and versatile space, this property provides a fantastic opportunity for businesses seeking a professional environment with long-term investment potential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,500 SF
Building Class
B
Year Built
2012
Price
$2,900,000
Price Per SF
$644.44
Cap Rate
5.59%
NOI
$162,110
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,250 SF
Slab To Slab
11’
Building FAR
0.25
Lot Size
0.42 AC
Zoning
GGMU2 - Commercial General
Parking
16 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Severance Dentistry
- Health Care and Social Assistance
- -
- -
- -
- Solarluce Inc
- Manufacturing
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Severance Dentistry | Health Care and Social Assistance | - | - | - | ||
| Solarluce Inc | Manufacturing | - | - | - |
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 131-541-18 | Improvements Assessment | $1,374,493 |
| Land Assessment | $1,563,898 | Total Assessment | $2,938,391 |
PROPERTY TAXES
Parcel Number
131-541-18
Land Assessment
$1,563,898
Improvements Assessment
$1,374,493
Total Assessment
$2,938,391
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Presented by
Hope Ys Kim, Broker
8471 Garden Grove Blvd
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