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
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.
Property Facts
Amenities
- Bus Route
- Signage
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
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.
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 |
PROPERTY TAXES
Parcel Number | 089-222-33 | Improvements Assessment | £551,072 |
Land Assessment | £1,145,182 | Total Assessment | £1,696,254 |