400 Tustin Ave Santa Ana, CA 92705
Value-add multifamily & medical office opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Owner-user opportunity: Up to 67,670 SF available; +/-28,265 SF immediately, with an additional +/-39,405 SF by end of 2025. Flexible lease terms allow for significant contiguous space.
- Prime Orange County location: Excellent freeway access (5, 55, and 22 Freeways), drawing employees from a wide area including North Orange County, Inland Empire, and coastal communities.
- Class A low-rise office building: Unique Class A low-rise building in the ParkCenter submarket; low-rise office space outperforming high-rise in vacancy and rent growth. Potential for up to 16,500 SF medical office conversion.
- Residential overlay & assemblage potential: Adjacent properties within Santa Ana's Village Center District residential overlay; potential 7.3-acre assemblage. City interest in overlay expansion to include the subject property.
Property Details for 400 Tustin Ave
- Property type
- Office properties, Medical offices
- Square Feet
- 125,043 SF
- Class
- B
- Year Built
- 1979
- Stories
- 4
- Lot Size (sq. ft)
- 213,444 SF
Location Insight
- City
- Santa Ana
- County
- Orange
- State
- California
- Latitude
- 33.74835605
- Longitude
- -117.83425478
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Value-add multifamily & medical office opportunity
- Where is the office property located?
- The property is located at 400 Tustin Ave Santa Ana, CA.
- What are key features of this property?
- This property features: Owner-user opportunity: Up to 67,670 SF available; +/-28,265 SF immediately, with an additional +/-39,405 SF by end of 2025. Flexible lease terms allow for significant contiguous space.; Prime Orange County location: Excellent freeway access (5, 55, and 22 Freeways), drawing employees from a wide area including North Orange County, Inland Empire, and coastal communities.; Class A low-rise office building: Unique Class A low-rise building in the ParkCenter submarket; low-rise office space outperforming high-rise in vacancy and rent growth. Potential for up to 16,500 SF medical office conversion.
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