Bldg 22 | 2965 Edinger Ave
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Bldg 22 2965 Edinger Ave
13,011 SF Light Industrial Building Tustin, CA 92780 £6,517,582 (£501/SF) 5.75% Net Initial Yield
Investment Highlights
- Approximately $476,000 in current Annual Income
- In-place conditional use Permits enable unique opportunity to operate uses at location
- In-place long-term NNN tenancy to highly specialized tenants with additional occupancy in adjacent building
- Anchor of Jamboree Plaza with multiple tenants providing various types and levels of Veterinary Care
- Available at well below estimated replacement cost
- 100% leased for 10 years at below market rents
Executive Summary
2965 Edinger Avenue is a 100% occupied, high quality, two-story flex industrial building totaling ±13,011 square feet on a 0.23 acre parcel inside Jamboree Plaza located in the Tustin section of the Irvine Business Complex Submarket of Orange County.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £6,517,582 | Rentable Building Area | 13,011 SF |
| Price Per SF | £501 | Number of Floors | 2 |
| Sale Type | Investment NNN | Year Built | 1999 |
| Net Initial Yield | 5.75% | Tenancy | Single |
| Property Type | Light Industrial | Parking Ratio | 3/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 24 ft |
| Building Class | C | Level Access Doors | 2 |
| Lot Size | 0.23 AC |
| Price | £6,517,582 |
| Price Per SF | £501 |
| Sale Type | Investment NNN |
| Net Initial Yield | 5.75% |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 13,011 SF |
| Number of Floors | 2 |
| Year Built | 1999 |
| Tenancy | Single |
| Parking Ratio | 3/1,000 SF |
| Clear Ceiling Height | 24 ft |
| Level Access Doors | 2 |
Amenities
- Signage
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Advanced Veterinary Specialty Group LLC
- Service type
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Advanced Veterinary Specialty Group LLC | Service type | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 434-331-09 | Improvements Assessment | £1,013,867 |
| Land Assessment | £879,795 | Total Assessment | £1,893,661 |
PROPERTY TAXES
Parcel Number
434-331-09
Land Assessment
£879,795
Improvements Assessment
£1,013,867
Total Assessment
£1,893,661
zoning
| Zoning Code | PC, Tustin (Planned Commercial) |
| PC, Tustin (Planned Commercial) |
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John Collins -
Lee & Associates - Newport Beach
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Bldg 22 | 2965 Edinger Ave
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