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Private Garages - MTM Tenants/ Prime Location 11088 Trask Ave 9 445 pi² 100% Loué Bureau Immeuble Garden Grove, CA 92843 4 179 590 $ CAD (442,52 $ CAD/pi²)



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Faits saillants de l'investissement
- Attractive Pricing at Approximately $312 Per Square Foot, Offering a Compelling Value Relative to Comparable Orange County Office Assets
- 4 Private Garages Built In and Not Included in the Square Footage of the Building (Additional - 740-SF)
- Ideal Owner User Opportunity with 100 Percent Month to Month Tenancy
- Excellent Central Orange County Location with Convenient Access to the 22, 405, 605, and 5 Freeways
Résumé de l'annonce
Marcus & Millichap is pleased to present the opportunity to acquire 11088 Trask Avenue, a well-maintained ±9,445 square foot office building situated on 0.48 acres in the City of Garden Grove, California. Originally constructed in 1976, the property is currently configured as a multi-tenant office building and offers a highly functional layout suitable for a variety of professional, medical, administrative, educational, and service-oriented business uses.
The building's design provides exceptional flexibility for future ownership. While it currently operates as a multi-tenant property, the property can be readily adapted to accommodate a single tenant user seeking a corporate headquarters, regional office, medical practice, or professional services operation. This adaptability significantly broadens the property's appeal to both investors and owner-users.
A unique feature of the offering is the presence of four attached garages totaling 740 square feet; an amenity rarely found in office properties throughout Orange County. These garages are not included in the building's reported square footage and provide valuable space for secure storage, fleet vehicles, equipment, inventory, records retention, or other operational needs. In a market where functional office space with ancillary storage is increasingly difficult to find, this feature represents a meaningful competitive advantage and enhances the property's long-term utility.
The property is currently 75 percent occupied by multiple tenants on month-to-month leases, creating an increasingly rare opportunity for an owner-user investor. The short-term tenancy structure provides immediate flexibility to occupy all or a portion of the building while retaining rental income from existing occupants during a transition period. Notably, approximately 2,132 square feet of contiguous office space, currently utilized by the ownership, will be delivered vacant at the close of escrow, presenting the incoming buyer with the flexibility to either occupy the space for their own operations or lease it to market, generating additional upside. This flexibility allows a buyer to tailor occupancy to their operational needs without the challenges associated with long-term lease commitments.
Additionally, the property's occupancy structure makes it an ideal candidate for SBA owner-user financing, potentially allowing a qualified purchaser to acquire the asset with as little as 10 percent down payment. The combination of favorable financing, immediate occupancy potential, and income from existing tenants creates a compelling opportunity for businesses seeking to own rather than lease their facilities.
Strategically located in the heart of Orange County, 11088 Trask Avenue offers outstanding accessibility to the region's major transportation corridors. The property enjoys convenient access to the 22 Freeway (Garden Grove Freeway), as well as the 405, 605, and 5 Freeways, providing efficient connectivity throughout Orange County, Los Angeles County, and the greater Southern California marketplace. This central location offers convenient access for employees, customers, and vendors while positioning businesses within one of Southern California's most established commercial and employment centers.
Garden Grove continues to be one of Orange County's most desirable business locations due to its central geography, strong demographics, extensive retail and service amenities, and proximity to major employment hubs throughout the region. Businesses operating from this location benefit from access to a large workforce, excellent transportation infrastructure, and a diverse economic base that supports long-term business growth.
Offered at $2,950,000, 11088 Trask Avenue represents a rare opportunity to acquire a flexible office asset combining owner-user functionality, investment income, SBA financing potential, unique physical features, and an exceptional Orange County location.
The building's design provides exceptional flexibility for future ownership. While it currently operates as a multi-tenant property, the property can be readily adapted to accommodate a single tenant user seeking a corporate headquarters, regional office, medical practice, or professional services operation. This adaptability significantly broadens the property's appeal to both investors and owner-users.
A unique feature of the offering is the presence of four attached garages totaling 740 square feet; an amenity rarely found in office properties throughout Orange County. These garages are not included in the building's reported square footage and provide valuable space for secure storage, fleet vehicles, equipment, inventory, records retention, or other operational needs. In a market where functional office space with ancillary storage is increasingly difficult to find, this feature represents a meaningful competitive advantage and enhances the property's long-term utility.
The property is currently 75 percent occupied by multiple tenants on month-to-month leases, creating an increasingly rare opportunity for an owner-user investor. The short-term tenancy structure provides immediate flexibility to occupy all or a portion of the building while retaining rental income from existing occupants during a transition period. Notably, approximately 2,132 square feet of contiguous office space, currently utilized by the ownership, will be delivered vacant at the close of escrow, presenting the incoming buyer with the flexibility to either occupy the space for their own operations or lease it to market, generating additional upside. This flexibility allows a buyer to tailor occupancy to their operational needs without the challenges associated with long-term lease commitments.
Additionally, the property's occupancy structure makes it an ideal candidate for SBA owner-user financing, potentially allowing a qualified purchaser to acquire the asset with as little as 10 percent down payment. The combination of favorable financing, immediate occupancy potential, and income from existing tenants creates a compelling opportunity for businesses seeking to own rather than lease their facilities.
Strategically located in the heart of Orange County, 11088 Trask Avenue offers outstanding accessibility to the region's major transportation corridors. The property enjoys convenient access to the 22 Freeway (Garden Grove Freeway), as well as the 405, 605, and 5 Freeways, providing efficient connectivity throughout Orange County, Los Angeles County, and the greater Southern California marketplace. This central location offers convenient access for employees, customers, and vendors while positioning businesses within one of Southern California's most established commercial and employment centers.
Garden Grove continues to be one of Orange County's most desirable business locations due to its central geography, strong demographics, extensive retail and service amenities, and proximity to major employment hubs throughout the region. Businesses operating from this location benefit from access to a large workforce, excellent transportation infrastructure, and a diverse economic base that supports long-term business growth.
Offered at $2,950,000, 11088 Trask Avenue represents a rare opportunity to acquire a flexible office asset combining owner-user functionality, investment income, SBA financing potential, unique physical features, and an exceptional Orange County location.
Salle de données Cliquez ici pour accéder à
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Propriété à inoccupation élevée
Type de propriété
Taille du bâtiment
9 445 pi²
Classe d’immeuble
C
Année de construction
1976
Prix
4 179 590 $ CAD
Prix par pi²
442,52 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
4 723 pi²
Coefficient d’occupation des sols de l’immeuble
0,45
Taille du lot
0,48 AC
Zonage
CCSP-OP - Community Center Specific Plan - Office Professional Zone
Stationnement
35 places (3,71 places par 1 000 pi² loué)
Commodités
- Gestionnaire d'immeuble sur place
Principaux locataires Cliquez ici pour accéder à
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Standard Finance
- Finance et assurances
- -
- -
-
Lorem Ipsum
-
Jan 0000
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Standard Finance | Finance et assurances | - | - | Lorem Ipsum | Jan 0000 |
Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 100-315-04 | Évaluation des bâtiments | 1 234 991 $ CAD |
| Évaluation du terrain | 725 860 $ CAD | Évaluation totale | 1 960 851 $ CAD |
Impôts fonciers
Numéro de lot
100-315-04
Évaluation du terrain
725 860 $ CAD
Évaluation des bâtiments
1 234 991 $ CAD
Évaluation totale
1 960 851 $ CAD
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Private Garages - MTM Tenants/ Prime Location | 11088 Trask Ave
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