For Sale
Request a price115 Standard Ave Santa Ana, CA 92701
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Multi-tenant property for sale in a central location.
- Currently cash-flowing with seller offering a leaseback option on occupied units or the entire property for consistent income.
- Owner-user opportunity with three currently leased units.
- Seller will sign leases for their occupied units at $1.75/SF NNN.
- Current tenants include: a towing company ($1.26/SF + $240/month CAM + $2,000 yard fee, lease expiring December 2024, interested in renewal); an auto repair shop ($2.14/SF, gross, 5% annual increases, lease to 2027); and an auto body shop ($2.08/SF, gross, lease expiring 8/31/24, interested in renewal); and an ADU manufacturer ($3.39/SF).
- Investment sale offering a 6-6.5% cap rate; seller will consider all offers.
Property Details for 115 Standard Ave
- Property type
- Warehouses, Industrial properties
- Square Feet
- 33,230 SF
- Class
- C
- Year Built
- 1964
- Buildings
- 2
- Stories
- 1
- Lot Size (sq. ft)
- 61,420 SF
- Units
- 8
Location Insight
- City
- Santa Ana
- County
- Orange
- State
- California
- Latitude
- 33.7457397
- Longitude
- -117.8563987
Nearby Similar for Sale
FAQs
- Where is the warehouse located?
- The property is located at 115 Standard Ave Santa Ana, CA.
- What are key features of this property?
- This property features: Multi-tenant property for sale in a central location.; Currently cash-flowing with seller offering a leaseback option on occupied units or the entire property for consistent income.; Owner-user opportunity with three currently leased units.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website