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921 Poinsettia St 15,212 SF 100% Leased Industrial Building Santa Ana, CA 92701 $6,425,000 ($422.36/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 15,212 SF of Private Rolling Arts Auto Museum and World Class Live Recording Studio
- 921 Poinsettia Street is a rare offering sale-leaseback opportunity at a 5% CAP Rate
- Proudly owned by one of the OC’s largest developers with over 5.5 million SF in Santa Ana, CA
- Newly constructed concrete tilt-up with 3 ground-level truck loading roll-up doors and 22’ clear height
- A-Rated credit tenant with 6 months’ pre-paid rent, 5-year lease balance from C.O.E.
EXECUTIVE SUMMARY
The property is located in a Transit-Oriented Development (TOD) zone, within a 5-minute walking distance from the Santa Ana Regional Transportation Center and the new Downtown Santa Ana Streetcar Light Rail. The property is also located in an Opportunity Zone, which allows for great tax benefit advantages. The property has immediate proximity to the 5, 55, 22, and 57 freeways, as well as the vibrant Santa Ana Historic Downtown Area. 921 N Poinsettia Street presents a rare opportunity to acquire a premier asset in a thriving location, offering unmatched long-term security and upside potential.
SALE FLYER
PROPERTY FACTS
| Price | $6,425,000 | Rentable Building Area | 15,212 SF |
| Price Per SF | $422.36 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 2001/2023 |
| Cap Rate | 5% | Parking Ratio | 2.37/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 22’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | A | Opportunity Zone |
Yes
|
| Lot Size | 0.82 AC | ||
| Zoning | P, Santa Ana | ||
| Price | $6,425,000 |
| Price Per SF | $422.36 |
| Sale Type | Investment NNN |
| Cap Rate | 5% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 0.82 AC |
| Rentable Building Area | 15,212 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2001/2023 |
| Parking Ratio | 2.37/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | P, Santa Ana |
AMENITIES
- Air Conditioning
ABOUT SANTA ANA
Santa Ana is supported by arterial freeways (I-5, I-405, SR 22, SR 55), which provide it with easy access across all of Orange County. Additionally, John Wayne Airport is a stone’s throw away from the submarket’s southern border, and the submarket is served by the Union Pacific Railroad. The Airport Area location is filled with restaurants, retailers, and office campuses and connects local logistics supply to the ports in Los Angeles and Long Beach.
As one of the few areas in Orange County to have available space that can accommodate users of a significant size, Santa Ana is home to several notable tenants. Outside of large logistics firms such as Amazon and Pioneer Packing, aerospace firms including Cherry Aerospace, Airborne Systems, and GE Aviation maintain significant footprints in Santa Ana.
Santa Ana is one of the most active areas in Orange County for industrial investment, and turnover often approaches double digits. Its sprawling industrial inventory offers properties for investors and users interested in either high-end space or more affordable, less-amenitized buildings close to employees and freeways. Sales prices are typically lower than Orange County’s overall average and considerably lower than areas further south in Orange County.
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Hidden House Coffee Roasters | Cafe | $ | 10 min walk |
| Taco Adobe | Mexican | - | 10 min walk |
| Pops Cafe | Diner | $ | 11 min walk |
| Country Garden Caterers | Barbecue | $$ | 12 min walk |
| Burger King | - | - | 13 min walk |
| Rooster Republic | Chicken | $$ | 14 min walk |
| Subway | - | - | 14 min walk |
| Brito's | Mexican | $ | 14 min walk |
| Karmina Restaurant | Grill | - | 14 min walk |
| IHOP | - | - | 15 min walk |
RETAIL |
||
|---|---|---|
| Chase | Bank | 10 min walk |
| United States Postal Service | Business/Copy/Postal Services | 12 min walk |
| 7-Eleven | Convenience Market | 11 min walk |
| uBreakiFix | Consumer Electronics | 14 min walk |
| CrossFit | Fitness | 15 min walk |
| Dollar Tree | Dollar/Variety/Thrift | 14 min walk |
HOTELS |
|
|---|---|
| Holiday Inn Express |
161 rooms
4 min drive
|
| Embassy Suites by Hilton |
230 rooms
7 min drive
|
| DoubleTree by Hilton |
460 rooms
7 min drive
|
| Fairfield Inn |
145 rooms
8 min drive
|
| Sonesta Simply Suites |
133 rooms
8 min drive
|
| Home2 Suites by Hilton |
124 rooms
8 min drive
|
| La Quinta Inns & Suites |
129 rooms
9 min drive
|
PROPERTY TAXES
| Parcel Number | 398-191-06 | Improvements Assessment | $1,093,645 |
| Land Assessment | $2,285,720 | Total Assessment | $3,379,365 |
PROPERTY TAXES
SALE ADVISOR
SALE ADVISOR
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921 Poinsettia St
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