400 W Lambert Rd - Office FOR SALE


Brea, CA 92821
$3,500,000 USD
949-278-6645
400 W Lambert Rd, Brea, CA for Sale
$3,500,000 USD
Office - FOR SALE
1/6
null | 4.51% Cap Rate

400 W Lambert Rd
Brea, CA 92821


HIGHLIGHTS

  • First time on the market in over 38 years
  • Close and convenient access to 90 and 57 Freeways
  • Rare opportunity to own five contiguous office condos
  • Currently 100% Occupied
  • Seller Financing Possible

OVERVIEW

All tenants are month to month tenancy except for one tenant that has a lease expiring 6/30/2025. An Owner/User buyer may occupancy 4,300 SF soon and occupy the remaining 2,559 SF in 2025. The 4.51% cap rate is proforma, in our opinion, market rent is $2.50/SF per month. The subject property blended rent is currently $1.28/sf/month. This provides the Buyer a 95% potential upside in revenue. Seller financing possible.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

4.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, undefined, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

M1

APN/PARCEL ID

936-500-62

ASK ABOUT THIS PROPERTY

John GessfordFirst Team Real EstateMore Info
949-278-6645

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John GessfordFirst Team Real EstateMore Info
949-278-6645

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