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1403 N Tustin Ave 61,833 SF 74% Leased Office Building Santa Ana, CA 92705 $25,666,901 CAD ($415.10 CAD/SF) 6.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Medical Investment Opportunity | 79% Occupied | 6.14 Year WALT
- 55 Freeway Frontage | Walking Distance to Amenities
- High Image Interior Buildouts
- Anchored by Acuity Eye Group Occupying 54% of the Building
- Oversized Central Atrium with Lush Greenery and Seating Areas
EXECUTIVE SUMMARY
Elevator served, 71% occupied medical investment opportunity with 55 freeway frontage, a Medicare certified surgery center, and surrounded by amenities.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
61,833 SF
Building Class
B
Year Built
1987
Price
$25,666,901 CAD
Price Per SF
$415.10 CAD
Cap Rate
6.31%
NOI
$1,619,581 CAD
Percent Leased
74%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
20,611 SF
Building FAR
0.53
Lot Size
2.66 AC
Zoning
P, - Professional
Parking
218 Spaces (3.53 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Courtyard
- Signage
- Central Heating
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
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| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 002 | 596 SF | Office/Medical | Full Build-Out | Now |
| 1st Fl-Ste 140 | 1,835 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 230 | 2,493 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 235 | 319 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 250 | 3,340 SF | Office/Medical | Full Build-Out | Now |
| 3rd Fl-Ste 320 | 1,411 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste 002
| Size |
| 596 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 140
| Size |
| 1,835 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 230
| Size |
| 2,493 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 235
| Size |
| 319 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 250
| Size |
| 3,340 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 320
| Size |
| 1,411 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 002
| Size | 596 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
1st Fl-Ste 140
| Size | 1,835 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
2nd Fl-Ste 230
| Size | 2,493 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
2nd Fl-Ste 235
| Size | 319 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
2nd Fl-Ste 250
| Size | 3,340 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
3rd Fl-Ste 320
| Size | 1,411 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
call to show
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 400-221-03 | Improvements Assessment | $6,731,568 CAD |
| Land Assessment | $9,072,985 CAD | Total Assessment | $15,804,554 CAD |
PROPERTY TAXES
Parcel Number
400-221-03
Land Assessment
$9,072,985 CAD
Improvements Assessment
$6,731,568 CAD
Total Assessment
$15,804,554 CAD
CONTACTS
-
Steve Economos -
Geoffrey DeWolf -
Matthew Economos -
David Economos -
Economos DeWolf, Inc.
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1403 N Tustin Ave
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