155 N Riverview Dr 22,030 SF 59% Leased Office Building Anaheim, CA 92808 £5,396,214 (£244.95/SF) 6.78% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Versatile investment opportunity to own a 95% occupied asset to maintain as passive income or gradually transition to owner/user property.
- Stunning building with a striking atrium lobby and exterior decks with scenic valley views and professional management by Premier Workspaces.
- Prime access to the 91, 241, 57, and 71 Freeways ensures easy connectivity to greater Orange County and Inland Empire for tenants and clients.
- Top shopping and dining options are nearby at the Anaheim Hills Festival, Sycamore Canyon Plaza, and on the other side of the 91 Freeway.
- Strategically in Anaheim Hills, an affluent residential area immediately home to a 20-mile population radius of over 4.7 million residents.
EXECUTIVE SUMMARY
155 N Riverview Drive in Anaheim Hills, California, presents a unique opportunity for investors or owners/users. This 22,030-square-foot executive suites office building can be a steady, passive investment or be converted into an owner-occupied property over time. Professionally managed by Premier Workspaces, a leader in executive office management, the building has maintained a strong 95% occupancy rate, demonstrating reliable tenant interest and consistent returns.
The building's architectural design includes a dramatic three-story atrium lobby, inviting exterior decks, and expansive windows, all awash in views of Anaheim’s Scenic Canyon Corridor. The property’s well-planned layout and professional management make it attractive to many tenants, from startups to established firms, seeking high-quality office space and top-notch amenities.
Between Orange County and the Inland Empire, 155 N Riverview Drive offers convenient access to the 91 Freeway, Imperial Highway (90), the Eastern Transportation Corridor (241), and the 57 and 71 Freeways. The property is close to popular shopping and dining options, including Nordstrom Rack, The Home Depot, Dicks Sporting Goods, Best Buy, Costco, Sprouts Farmers Market, Bodhi Leaf Coffee Traders, Cava, and 24 Hour Fitness. This prime location makes 155 N Riverview Drive an ideal choice for investors and businesses seeking a prestigious presence in Anaheim Hills.
The building's architectural design includes a dramatic three-story atrium lobby, inviting exterior decks, and expansive windows, all awash in views of Anaheim’s Scenic Canyon Corridor. The property’s well-planned layout and professional management make it attractive to many tenants, from startups to established firms, seeking high-quality office space and top-notch amenities.
Between Orange County and the Inland Empire, 155 N Riverview Drive offers convenient access to the 91 Freeway, Imperial Highway (90), the Eastern Transportation Corridor (241), and the 57 and 71 Freeways. The property is close to popular shopping and dining options, including Nordstrom Rack, The Home Depot, Dicks Sporting Goods, Best Buy, Costco, Sprouts Farmers Market, Bodhi Leaf Coffee Traders, Cava, and 24 Hour Fitness. This prime location makes 155 N Riverview Drive an ideal choice for investors and businesses seeking a prestigious presence in Anaheim Hills.
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,030 SF
Building Class
B
Year Built/Renovated
1986/2009
Price
£5,396,214
Price Per SF
£244.95
Net Initial Yield
6.78%
NOI
£365,916
Percent Leased
59%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,666 SF
Building FAR
0.38
Lot Size
1.34 AC
Zoning
CG - General Commercial
Parking
82 Spaces (3.72 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Controlled Access
- Property Manager on Site
- Signage
- Reception
- Outdoor Seating
- Balcony
1 of 1
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
9,320
73,458
129,237
2024 Population
8,675
69,734
123,681
Population Growth '20-'24
-6.9%
-5.1%
-4.3%
2020 Households
3,610
25,969
44,819
2024 Households
3,334
24,489
42,570
Household Growth '20-'24
-7.7%
-5.7%
-5.0%
Average Age
42
43
43
Median Household Income
$134,146
$141,678
$142,509
Daytime Employees
11,064
19,223
47,315
Total Businesses
1,268
2,845
6,268
College Degree + Higher
52%
52%
50%
$ values in USD
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Starbucks | Cafe | £ | 7 min walk |
| Carl's Jr. | - | - | 7 min walk |
| Yamashiro Sushi | Fast Food | - | 7 min walk |
| El Pollo Loco | - | - | 7 min walk |
| BJ's Restaurant & Brewhouse | - | - | 10 min walk |
| The Habit Burger Grill | Fast Food | £ | 12 min walk |
| Chipotle | - | - | 12 min walk |
| Nekter Juice Bar | - | - | 12 min walk |
| CAVA | - | - | 12 min walk |
| Panera Bread | - | - | 12 min walk |
RETAIL |
||
|---|---|---|
| The UPS Store | Business/Copy/Postal Services | 7 min walk |
| United States Postal Service | Business/Copy/Postal Services | 10 min walk |
| Target | Dept Store | 11 min walk |
| Nordstrom Rack | Dept Store | 11 min walk |
| Bank of America | Bank | 11 min walk |
| T.J. Maxx | Other Retail | 11 min walk |
| Orangetheory Fitness | Fitness | 11 min walk |
| Chase Bank | Bank | 12 min walk |
| Hobby Lobby | Hobby | 12 min walk |
| Vons | Supermarket | 15 min walk |
HOTELS |
|
|---|---|
| Residence Inn |
128 rooms
3 min drive
|
| Embassy Suites by Hilton |
223 rooms
12 min drive
|
PROPERTY TAXES
| Parcel Number | 354-071-11 | Improvements Assessment | £2,599,431 |
| Land Assessment | £2,684,373 | Total Assessment | £5,283,805 |
