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22485 La Palma Ave 9,300 sq ft Office Property Yorba Linda, CA 92887 £2,790,313 (£300.03/sq ft)
INVESTMENT HIGHLIGHTS
- Two-story, ±9,300-SF multi-tenant office building with signage available.
- Landlord termination options for all tenants; buyer can occupy any size.
- 29 surface parking stalls dedicated to this building.
- For Sale at $3,710,000 (±$399/SF).
- High-image office buildout with multiple conference rooms and offices.
- Highly acclaimed restaurants and amenities in the immediate vicinity.
EXECUTIVE SUMMARY
Two-story ±9,300 square foot office building built in 1988 on its own parcel totaling approximately 0.51 acres.
All of the leases can be terminated by landlord with sixty days notice.
According to the existing lease terms if an owner doesn’t want to exercise the termination options, an owner-user can occupy up to ±5,123 SF of the building by 10/31/2025. All leases are set to expire by 2/10/2027.
Complete rent roll available to qualified buyers upon request.
All of the leases can be terminated by landlord with sixty days notice.
According to the existing lease terms if an owner doesn’t want to exercise the termination options, an owner-user can occupy up to ±5,123 SF of the building by 10/31/2025. All leases are set to expire by 2/10/2027.
Complete rent roll available to qualified buyers upon request.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Office
Property Size
9,300 sq ft
Costar Property Class
B
Year Built
1988
Price
£2,790,313
Price per sq ft
£300.03
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
5,450 sq ft
Plot ratio
0.42
Total Plot Size
0.51 ac
Use Class
Office - Office
Parking
29 Spaces (3.12 Spaces per 1,000 sq ft Leased)
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PROPERTY TAXES
| Parcel Number | 352-131-05 | Improvements Assessment | £331,649 |
| Land Assessment | £1,117,380 | Total Assessment | £1,449,029 |
PROPERTY TAXES
Parcel Number
352-131-05
Land Assessment
£1,117,380
Improvements Assessment
£331,649
Total Assessment
£1,449,029
CONTACTS
-
Geoffrey DeWolf -
Steve Economos -
Matthew Economos -
David Economos -
Economos DeWolf, Inc.
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22485 La Palma Ave
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