For Sale
$30,800,000

1421 Edinger AveTustin, CA 92780

Class A multi-tenant industrial complex, 100% leased.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents the Pacific Tustin Commercenter, a fee-simple, Class A, multi-tenant industrial and R&D flex property totaling 68,345 square feet. Located in prime Central Orange County at 1421, 1451, and 1481 Edinger Avenue, Tustin, CA 92780, this stabilized asset boasts a 100% occupancy rate across three buildings, each with two stories. The property features a desirable mix of tenants, including DB Industries, LLC (a 3M subsidiary), Salewa USA, Inc., and BAF Industries, ensuring a strong and diversified income stream. Built in 1985, the complex sits on a 193,842 square foot lot and offers ample parking (4.15 spaces per 1,000 square feet). Individual units range from 5,119 to 9,896 square feet, featuring 24-foot minimum warehouse ceiling heights, 400 Amps of power, and attractive exterior glass lines. The property benefits from a strategic location with excellent access to major freeways (55, 5, 405, 261, and 241), John Wayne Airport, and a strong local economy. The lease type is NNN, providing a predictable and stable cash flow. This property represents a compelling long-term core investment strategy due to its high occupancy, strong tenant roster, and prime location. The asking price is $30,800,000. Zero loading docks are present.

Highlights

  • Two-building Class A industrial/R&D flex project with a retail pad totaling 69,930 square feet.
  • Multi-tenant industrial/R&D flex space, units ranging from 5,119 to 9,896 square feet, 24' ceiling height, 3.5:1,000 parking ratio.
  • Institutionally managed since construction.
  • Abundant parking (4.15:1,000 ratio).
  • 100% leased to 12 tenants, providing strong cash flow and a smooth lease rollover profile with projected revenue growth.
  • High-quality tenant roster including DB Industries (3M subsidiary), Salewa USA, and BAF Industries.

Property Details for 1421 Edinger Ave

Property type
Warehouses, Life science properties
Square Feet
68,345 SF
Class
A
Year Built
1985
Buildings
3
Stories
2

Location Insight

City
Tustin
County
Orange
State
California
Latitude
33.7226813
Longitude
-117.8279374
1421 Edinger Ave, Tustin, California

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1421 Edinger Ave
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