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Aladdin Bail Bonds NNN 801 N Ross St 4,164 SF 100% Leased Office Building Santa Ana, CA 92701 $3,618,999 CAD ($869.12 CAD/SF) 6.64% Cap Rate



Investment Highlights
- Irreplaceable Civic Center Location – Directly across from the Santa Ana jail facilities and within walking distance to the Courthouse
- Strong Passive Income Profile – Offered at $2,650,000 with current annual rent of $175,920, representing a 6.64% cap rate with an effectively NNN
- Quality Newer Construction – Two-story ±4,168 SF office building built in 2007 with steel frame, concrete, and granite finishes
- Long-Term Entrenched Tenant – Purpose-built for Aladdin Bail Bonds and occupied by the tenant since 2007, reflecting nearly two decades
- Specialized, Barrier-to-Entry Use – Property benefits from a Special Conditional Use Permit for bail bond operations in a tightly regulated zoning
- Corner Lot with Parking Advantage – Situated on an ±11,583 SF corner parcel with excellent visibility, strong street presence
Executive Summary
Rare opportunity to acquire a fully stabilized single-tenant office investment in the heart of the Downtown Santa Ana Civic Center. Located at 801 N. Ross Street, this purpose-built two-story office building was constructed in 2007 for Aladdin Bail Bonds and has been occupied by the tenant for nearly two decades, offering investors durable tenancy in one of the most specialized legal and governmental corridors in Southern California. The property contains approximately 4,168 square feet on an 11,583 square foot corner lot with strong street presence, excellent visibility, and an attractive on-site parking ratio of approximately 2.63 spaces per 1,000 square feet.
The asset is offered at $2,650,000 and is 100% leased, generating current annual rent of $175,920, which equates to a 6.64% cap rate on current income. The lease is effectively NNN, with the tenant paying property taxes, utilities, and most maintenance, resulting in a low-management investment profile. Aladdin Bail Bonds, the largest bail bond operator in California, occupies the property under a lease running through May 31, 2027, and has expressed interest in extending early.
What makes this offering especially compelling is its irreplaceable location directly across from the Santa Ana jail facilities and within immediate proximity to the Orange County Superior Court, Ronald Reagan Federal Building, U.S. District Court, ICE, ATF, and numerous other city, county, and federal agencies. In addition, the property benefits from a Special Conditional Use Permit allowing bail bond use in a tightly regulated zoning environment, creating a significant barrier to entry and making this a highly defensible location for the current tenant’s business
The asset is offered at $2,650,000 and is 100% leased, generating current annual rent of $175,920, which equates to a 6.64% cap rate on current income. The lease is effectively NNN, with the tenant paying property taxes, utilities, and most maintenance, resulting in a low-management investment profile. Aladdin Bail Bonds, the largest bail bond operator in California, occupies the property under a lease running through May 31, 2027, and has expressed interest in extending early.
What makes this offering especially compelling is its irreplaceable location directly across from the Santa Ana jail facilities and within immediate proximity to the Orange County Superior Court, Ronald Reagan Federal Building, U.S. District Court, ICE, ATF, and numerous other city, county, and federal agencies. In addition, the property benefits from a Special Conditional Use Permit allowing bail bond use in a tightly regulated zoning environment, creating a significant barrier to entry and making this a highly defensible location for the current tenant’s business
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
4,164 SF
Building Class
B
Year Built
2006
Price
$3,618,999 CAD
Price Per SF
$869.12 CAD
Cap Rate
6.64%
NOI
$240,247 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,082 SF
Building FAR
0.36
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
Professional
Parking
16 Spaces (3.84 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 005-181-26 | Improvements Assessment | $969,373 CAD |
| Land Assessment | $420,563 CAD | Total Assessment | $1,389,936 CAD |
Property Taxes
Parcel Number
005-181-26
Land Assessment
$420,563 CAD
Improvements Assessment
$969,373 CAD
Total Assessment
$1,389,936 CAD
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Aladdin Bail Bonds NNN | 801 N Ross St
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