Garden Grove Professional Bldg 12630 Brookhurst St

8,400 SF 24% Leased Office Building Garden Grove, CA 92840 £2,358,339 (£281/SF)

Investment Highlights

  • For Sale: Asking Price of $2,930,000 (±$349/sf).
  • Buyer can occupy ±51% of the building immediately (for SBA loan).
  • ±5.24 parking stalls per 1,000 SF (five are covered).
  • Two-story, freestanding 8,400-SF medical and office building with no association.
  • $100,000 in recent renovations.
  • Restaurants and amenities are in the immediate vicinity.

Executive Summary

Two-story 8,400-square-foot medical and office building built in 1960 on a parcel totaling approximately 0.47-acres (no association).
Ground Floor:
Seller currently occupies the 3,000-SF ground floor for their dental practice and will sign a five-year lease with fixed options to renew at $7,500 Modified Gross (electric and janitorial in addition to base rent).
2nd Floor:
±1,135 SF – Leased to a general office tenant at $1,545/month FSG with annual 3% increases and expiring October 31, 2025
±4,265 SF – Vacant, and can be occupied by Buyer. It is ±51% of the building, which qualifies for an SBA loan.

Attachments

Sale Package

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
8,400 SF
Building Class
C
Year Built
1960
Price
£2,358,339
Price Per SF
£281
Percent Leased
24%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,200 SF
Slab to Slab
9 ft
Building FAR
0.41
Lot Size
0.47 AC
Zoning
OP
Parking
56 Spaces (6.67 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Signage
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste C
  • 900 SF
  • Office
  • Full Build-Out
  • Now

Office For Lease. Second floor ( above Dental offices - No Elevator). Busy location on Brookhurst St north of Lampson. Easy access to 22 Freeway! Floor plans show approximate interior dimensions.

  • 2nd Fl-Ste E
  • 1,200 SF
  • Office
  • Full Build-Out
  • Now

Great opportunity for a office tenant.

Space Size Space Use Condition Available
2nd Fl-Ste C 900 SF Office Full Build-Out Now
2nd Fl-Ste E 1,200 SF Office Full Build-Out Now

2nd Fl-Ste C

Size
900 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste E

Size
1,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (70)

PROPERTY TAXES

  • Listing ID: 34256293

  • Date on Market: 20/12/2024

  • Last Updated:

  • Address: 12630 Brookhurst St, Garden Grove, CA 92840