For Sale
Call for price

400 Lambert RdBrea, CA 92821

Five Office Condos, 6,860 SF, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Brea, California investment opportunity presents a rare chance to acquire a fully occupied, single-story, 6,860-square-foot office complex. The property, situated at 400 W Lambert Road, 92821, in Orange County, comprises five contiguous office condos within a single building, offering significant potential for future growth. Currently operating at 100% occupancy, with all tenants on month-to-month agreements except for one lease expiring June 30, 2025, this presents an owner-user opportunity to occupy approximately 4,300 square feet immediately and the remaining 2,559 square feet in 2025. The property is zoned M1 and boasts a blended current rent of $1.28 per square foot per month. A proforma cap rate of 4.51% is projected, based on a market rent estimate of $2.50 per square foot per month, indicating a substantial 95% potential upside in revenue. This prime location offers convenient access to the 90 and 57 freeways. The property has been under the same ownership for over 38 years, making this a truly unique and compelling investment opportunity. Seller financing may be available. This is a first-time-on-the-market offering.

Highlights

  • First-time-on-market offering after 38 years of single ownership.
  • Excellent freeway access via the 90 and 57 freeways.
  • Rare opportunity: Five contiguous office condos in one building.
  • Currently 100% occupied, with significant upside potential.
  • Seller financing may be considered.

Property Details for 400 Lambert Rd

Property type
Office properties, Medical offices
Square Feet
6,860 SF
Buildings
1
Stories
1
Units
5

Location Insight

City
Brea
County
Orange
State
California
Latitude
33.924321
Longitude
-117.9011503
400 Lambert Rd, Brea, California

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400 Lambert Rd
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