2070 N Tustin Ave - Office FOR SALE


Santa Ana, CA 92705
$3,425,000 USD
949-576-2751
2070 N Tustin Ave, Santa Ana, CA for Sale
$3,425,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

2070 N Tustin Ave
Santa Ana, CA 92705


HIGHLIGHTS

  • Asking Price of $3,425,000 (±$379/sf).
  • Two-story, freestanding 9,032-sf office building.
  • North corner of the office park with prominent N Tustin Ave signage.
  • User buyer can occupy the ground floor, currently with a law firm buildout.
  • 2nd floor is leased through June 2028 to a construction company.
  • Easy access to the 55, 5, and 22 Freeways.

OVERVIEW

Freestanding office building built in 1981 with reception area and two stories of private offices, conference room, open area with cubicles, restrooms, and a kitchenette/employee lounge. Owner-user opportunity for a buyer to occupy the ±4,016-SF ground floor. The ±4,016-SF second floor is leased to a construction company though June 30, 2028, with two one-year options to extend the lease. Current rent is $7,875 Full Service Gross per month. Rent is scheduled to be abated for one month in March, 2025, and there are 3% annual increases scheduled beginning May 1, 2025.

FOR SALE DETAILS

PRICE

$3,425,000 USD

PRICE/SF

$379 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Chambers Law Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-5

APN/PARCEL ID

396-332-06

ASK ABOUT THIS PROPERTY

Geoffrey DeWolfEconomos DeWolf, Inc.More Info
949-576-2751

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Geoffrey DeWolfEconomos DeWolf, Inc.More Info
949-576-2751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.