Gary Martinez, SIOR, CCIM

 

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11941 Earlham Street, Orange, CA 92869

Excitement is growing in Orange County as new construction continues to take shape. This investment opportunity consists of one parcel

  • The parcel is a parking lot, which is used for the multi tenant office building and El Pollo Loco, who also pays rent for the parking lot use.

Location: County Jurisdiction not City

Asking Price: $520,000 ($69.27 per SF)

Annual Net Income $19,500 (as of 3/1/22)

Annual increases $600

NNN Lease

Lot Size +7,507 SF

Lease Expires 12/31/2028 with Option to Extend for 10 years

Tenant has Right of First Refusal

• Located in the heart of Orange County

• Proforma Cap Rate 3.75%

• Average daily traffic count of 39,198 on Chapman Ave.

• 26 Parking Spaces

 
 
 

Community Profile

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   1 Mile  3 Miles 5 Miles
 Population  23,273  150,215  433,109
 Households  6,552  47,383  117,369
 Median Income  $90,419  $95,175  $85,224
 Median Home Value  $655,615  $730,388  $690,379
Median Age 36.3 38.6 35.2
 Ethnicity  1 Mile  3 Miles 5 Miles
 White alone  58.3%  66.9%  56.6%
 Asian Alone  12.6%  11.1%  15.6%
 Hispanic origin  50.4%  38.6%  47.1%
 
 

Download our Marketing Package that will cover more detailed information related to the parcels.

 

CONTACT US

Gary Martinez, CCIM SIOR

email: gary@ashwillassociates.com

direct: (714) 905-9383

License# 01318932


 
 
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1962 N. Glassell St.

orange, ca 92865

Lot Size +13,286 SF

Office Size + 1,429 SF

• Sales Price $1,500,000 ($112.91 per land sq.ft.)

• Rare contractor’s yard

• Office structure built 1922

• Vacant upon the close of escrow possible

• Call to Tour

• Zoning M-2 Industrial

• Uses permissible per zoning, which Buyer shall verify:

- Automobile repair, parts, supplies, tire sales and installation

- Contractor’s yard

- Equipment rental

- Construction materials

- Collection facility (recycling)

This hard-to-find contractor's yard is now available for sale, boasting a generous lot size of 13,286 square feet, perfectly complemented by an office space spanning approximately 1,429 square feet.

Situated in a highly sought-after location, this maintained contractor's yard provides the ideal backdrop for a wide range of business endeavors, from construction firms to logistics companies and beyond. With ample space to accommodate equipment, materials, and administrative functions, the possibilities are limited only by your imagination.

Beyond its practicality, this property also offers excellent accessibility, ensuring seamless operations and convenient access for clients, suppliers, and employees. Whether you're seeking to expand your existing operations or embark on a new venture, this versatile space promises to exceed your expectations.

The structures are historic. The restoration and preservation of the structures may qualify for tax credits and/or abatement through The Mills Act Program, which a Buyer will need to apply for and talk with to the city of Orange, CA for more details.

Don't miss out on this rare opportunity to secure your foothold in Orange County's thriving commercial real estate market. Contact us today to schedule a viewing and unlock the potential of this remarkable contractor's yard.

 
 

Download our Marketing Package that will cover more detailed information related to the parcels.

 
 

OR

If you have further questions, please send us a message!

Contact Us

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Gary Martinez, CCIM SIOR

(714) 905-9383
gary@ashwillassociates.com
Corporate Lic: 01291393
Broker Lic: 01318932

 
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