625 N Grand Ave - Loft/Creative Space FOR SALE


Santa Ana, CA 92701
$47,000,000 USD
657-295-0925
625 N Grand Ave, Santa Ana, CA for Sale
$47,000,000 USD
Loft/Creative Space - FOR SALE
1/68
null | Request Cap Rate

625 N Grand Ave
Santa Ana, CA 92701


HIGHLIGHTS

  • 625 N Grand Avenue is an investment for a company to benefit from a full building identity or redevelopment plan, 625IVE in Santa Ana, CA.
  • 625IVE is a transit-oriented urban live/work/play redevelopment project to create a well-needed urban core feeling in the heart of Santa Ana.
  • Six-story office building featuring an on-site auditorium, theatre, cafeteria, outdoor patio/balcony, parking structure, and excess land.
  • Access everything in SoCal, 625 Grand Ave is adjacent to the OC Streetcar light rail and right off a direct four-way interchange of I-5.

OVERVIEW

625 N Grand Avenue, the former headquarters of the Orange County Register, is an existing six-story (including basement) 184,086-square-foot office building ideal for a single user. With approximately 31,000-square-foot floor plates, it includes an on-site auditorium, theatre, cafeteria, and a large outdoor patio/balcony on the 4th floor. There is an adjacent 155,000-square-foot, elevator-served parking structure with direct access to the office building. Parking is available at a ratio of 4/1,000 and can be expanded as needed. Multiple building top signage opportunities offer an unbelievable identity visible from the highly traveled Interstate 5 Freeway. The sale of 625 Grand Avenue includes an attached 155,000-square-foot parking garage and 44,226 square feet of excess land. 625 Grand Avenue is centrally located at the four-way interchange off Interstate 5 Freeway, across the street from the OC Streetcar light rail with direct access to county-wide bike paths and within walking distance of 20 Zagat-rated restaurants in Downtown Santa Ana.

FOR SALE DETAILS

PRICE

$47,000,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

690

LAND DETAILS

LAND ACRES

3.51 AC

LAND SF

152,896 SF

ZONING

SD-21, GC; Opp Zone

APN/PARCEL ID

398-061-42

ASK ABOUT THIS PROPERTY

Davis NiehausCaribou IndustriesMore Info
657-295-0925

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Davis NiehausCaribou IndustriesMore Info
657-295-0925

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