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1516 Brookhollow Dr 13,084 SF Vacant Office Building Santa Ana, CA 92705 $4,883,200 CAD ($373.22 CAD/SF) 5.94% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investor or Owner User Opportunity
  • 55 Freeway Visibility
  • Zoning Allows for Multiple Uses

EXECUTIVE SUMMARY

PROFORMA NOI - $270,104 w/ a CAP RATE of 7.72%
The offering of Brookhollow Drive presents an excellent opportunity for an investor or owner-user to acquire property in a highly sought after submarket in Southern California. With 3 suites leased, the investment ensures a stable rental income stream. Additionally, this offering provides flexibility for investors to collect income or for owner/users to purchase and occupy Suite D.
The property’s location in Santa Ana further enhances its appeal, as it resides within a vibrant business district that offers convenient access to amenities and transportation. Positioned directly off the Costa Mesa (55) Freeway, 1516 Brookhollow Drive offers excellent visibility and easy accessibility for both potential tenants and customers.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,084 SF
Building Class
B
Year Built
1979
Price
$4,883,200 CAD
Price Per SF
$373.22 CAD
Cap Rate
5.94%
NOI
$290,294 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,084 SF
Building FAR
0.58
Lot Size
0.52 AC
Zoning
Specific Development 8 - Flexible zoning allows for medical, research, school, church and certain medical office uses
Parking
45 Spaces (3.5 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Day Care
  • Pond
  • Property Manager on Site
  • Restaurant

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste D
  • 2,721 SF
  • Office
  • -
  • Now

Unit D is a ±2,721 SF office unit with 3 private offices. The unit offers 3.5:1 parking (additional parking possible) and is available immediately.

Space Size Space Use Condition Available
1st Fl-Ste D 2,721 SF Office - Now

1st Fl-Ste D

Size
2,721 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste D

Size 2,721 SF
Space Use Office
Condition -
Available Now

Unit D is a ±2,721 SF office unit with 3 private offices. The unit offers 3.5:1 parking (additional parking possible) and is available immediately.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-221-32
Land Assessment
$4,265,923 CAD
Improvements Assessment
$1,089,434 CAD
Total Assessment
$5,355,357 CAD
  • Listing ID: 31941782

  • Date on Market: 2024-05-28

  • Last Updated:

  • Address: 1516 Brookhollow Dr, Santa Ana, CA 92705

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