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Investment Highlights
- Three individual office units, all currently occupied by month-to-month dental tenants providing immediate income.
- Convenient freeway access to I-5, SR-22, and SR-57 enhances connectivity throughout Orange County and nearby business hubs.
- Each Unit contains 2 to 3 exam rooms, offices, labs, storage closets, common area sink, restrooms, waiting room, etc.
- Month-to-month leases offer flexibility to maintain cash flow, increase rents to market, or transition to owner occupancy.
- Medical office building income property ideal for an owner-user or value-add investor.
Executive Summary
Acreage Real Estate proudly presents the commercial Medical Office income property offering a strong opportunity for an owner-user or value-add investor. The building consists of three individual office units, all currently occupied by month-to-month tenants that are all Dentists, providing immediate income with excellent flexibility for future repositioning or owner occupancy.
The month-to-month tenancy structure allows a new owner to retain existing cash flow, adjust rental rates to market, or phase in owner occupancy with minimal disruption. Well-suited for professional office use, the property is ideal for medical, legal, accounting, consulting, or other small business operations.
Centrally located in Santa Ana, the property benefits from convenient access to major streets, freeways, and surrounding commercial corridors, making it attractive to both tenants and owner-users. The site offers quick connectivity to the I-5, SR-22, and SR-57 freeways, providing efficient access throughout Orange County and to nearby employment and business hubs. This is a rare opportunity to acquire a manageable multi-tenant office asset with upside potential in a well-established Orange County market.
Suite A: 3 exam rooms, glass front lab, restroom, waiting room, reception desk, office, common area sink, storage closet, backdoor
Suite B: 2 exam rooms, lab, restroom, waiting room, reception desk, 2 offices, common area sink, storage closet, backdoor
Suite C: 2 exam rooms, lab, restroom, waiting room, reception desk, 2 offices, common area sink, storage closet, backdoor
The month-to-month tenancy structure allows a new owner to retain existing cash flow, adjust rental rates to market, or phase in owner occupancy with minimal disruption. Well-suited for professional office use, the property is ideal for medical, legal, accounting, consulting, or other small business operations.
Centrally located in Santa Ana, the property benefits from convenient access to major streets, freeways, and surrounding commercial corridors, making it attractive to both tenants and owner-users. The site offers quick connectivity to the I-5, SR-22, and SR-57 freeways, providing efficient access throughout Orange County and to nearby employment and business hubs. This is a rare opportunity to acquire a manageable multi-tenant office asset with upside potential in a well-established Orange County market.
Suite A: 3 exam rooms, glass front lab, restroom, waiting room, reception desk, office, common area sink, storage closet, backdoor
Suite B: 2 exam rooms, lab, restroom, waiting room, reception desk, 2 offices, common area sink, storage closet, backdoor
Suite C: 2 exam rooms, lab, restroom, waiting room, reception desk, 2 offices, common area sink, storage closet, backdoor
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,494 SF
Building Class
C
Year Built
1959
Price
$1,737,125 CAD
Price Per SF
$696.52 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,494 SF
Slab To Slab
11’
Building FAR
0.42
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
Office
Parking
10 Spaces (4.01 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- California Dentistry-Santa Ana
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| California Dentistry-Santa Ana | Health Care and Social Assistance | - | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 405-284-28 | Improvements Assessment | $232,614 CAD |
| Land Assessment | $1,085,556 CAD | Total Assessment | $1,318,170 CAD |
Property Taxes
Parcel Number
405-284-28
Land Assessment
$1,085,556 CAD
Improvements Assessment
$232,614 CAD
Total Assessment
$1,318,170 CAD
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