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Brea Place 140 S State College Blvd 77,522 SF 4-Star Office Building Brea, CA 92821 For Sale

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INVESTMENT HIGHLIGHTS

  • TIMELESS LOW-RISE OFFICE OPPORTUNITY IDEAL FOR OWNER-USER HQ
  • BEST-IN-CLASS OFFICE CAMPUS WITH PRIME LOCATION IN ORANGE COUNTY

EXECUTIVE SUMMARY

TIMELESS LOW-RISE OFFICE OPPORTUNITY IDEAL FOR OWNER-USER HQ
* HIGH-IMAGE OFFICE OFFERING IN CAMPUS SETTING | 140 S. State College Blvd offers attractive intrinsic attributes: distinguished stone and glass façades, extensive glass lines with sweeping hillside views, modern interiors, lush landscaping within a campus setting, abundant parking with convenient building access, and freeway visibility.
* FLEXIBLE OWNER-USER OCCUPANCY | The property offers an owner-user up to ±26,808 SF of immediate occupancy.  Given the building's open floor plates and the submarket's strong histroical occupancy, an owner-user has the option to unlock additional investment value through the lease-up of any under-utilized space while maintaining the flexibility to scale business operations over time.
* CORPORATE USER BENEFITS | This is an ideal corporate headquarter investment that provides an attractive lease-saving trade-off. As opposed to leasing space, a purchase provides protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits, and after-tax equity accumulation.

BEST-IN-CLASS OFFICE CAMPUS WITH PRIME LOCATION IN ORANGE COUNTY
* PRIME ASSET | 140 S. College is available alongside the adjacent 130 S. State College building, adding an additional ±45,188 SF. Both buildings are part of the highest-image, most prominent mixed-use campus in the North Orange County market.
* RECENT RENOVATIONS | Recent multi-million-dollar upgrades established Brea Place as a one-of-a-kind work-life campus highlighted by indoor/outdoor space, superior onsite amenities that include an athletic club, an executive lap pool, state-of-the-art collaboration/game room and world-class conference/ training center, an integrated park, outdoor green work spaces and activities, complementary pop-up classes, dining options, and everyday convenient services.
* NEW SURROUNDING DEVELOPMENTS | The Property is directly adjacent to a significant mixed-use development consisting of a 653-unit, Class A apartment complex and a 138- room key Class A hotel.

STRONG MARKET FUNDAMENTALS
* TOP INVESTMENT MARKET | According to CBRE’s Investor Survey, Orange County is among the top investment regions in the Americas in 2024 among investors, reflecting the county’s resilient market fundamentals. With strong employment and an attractive quality of life, Orange County is a highly sought-after gateway market.
* STRONGEST OCCUPANCY | According to CBRE Research, North Orange County is still outperforming the rest of the Orange County market, with the lowest direct vacancy rate as of 3Q24 with 8.7%. That is 270 bps lower than the second lowest submarket, South Orange County.
* ABUNDANT RETAIL AND LIFESTYLE AMENITIES | In addition to onsite amenities, the Property offers surrounding world-class amenities in the best Live-Work-Play location in North OC, anchored by Simon Property’s 1.31 million square foot Brea Mall, a 175+ store regional mall that is the largest in North Orange County. Also nearby are the Brea Marketplace, The Tracks at Brea, Disneyland, Honda Center, Angel Stadium, and the Anaheim Regional Transportation Intermodal Center.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
77,522 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1983/2016
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
25,841 SF
Slab To Slab
11’
Building FAR
0.49
Lot Size
3.61 AC
Zoning
CC-PD - Community Commercial
Parking
311 Spaces (4.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Dry Cleaner
  • Fitness Center
  • Food Service
  • Property Manager on Site
  • Outdoor Seating
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
319-332-03
Land Assessment
$19,933,738 CAD
Improvements Assessment
$5,695,354 CAD
Total Assessment
$25,629,092 CAD
  • Listing ID: 34732814

  • Date on Market: 2024-01-16

  • Last Updated:

  • Address: 140 S State College Blvd, Brea, CA 92821

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