For Sale
$8,500,000

2000 4Th StSanta Ana, CA 92705

Prime Orange County office, 81% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional three-story, 33,184 square foot Class B office building in Santa Ana, CA presents a compelling investment opportunity. Located in the desirable Parkcenter submarket, this multi-tenant property boasts 13 tenants and offers significant signage opportunities, including two building top signs, one eyebrow sign, and one monument sign. The building features a steel frame and glass construction, built in 1982, and sits on a 1.5-acre lot. Currently 81% occupied, it presents a unique owner-user opportunity with ground floor vacancy offering reserved parking and a private entrance. The asking price is $8,500,000, translating to $256.15 per square foot. Its central Orange County location provides easy access to major freeways (I-5 and SR-55), the Santa Ana Regional Transportation Center, and John Wayne Airport. The low-rise office market in Orange County has consistently outperformed the Class A market over the past decade, making this a strong investment in a high-demand area. This stabilized, owner/user investment is situated near the county's seat of government, benefiting from strong employment and a high quality of life. Orange County's robust absorption, low vacancy rates, and sustained rent growth solidify its position as a top investment market. This trend of strong performance in the low-rise office sector is projected to continue.

Highlights

  • Orange County's top-ranked investment market status in 2023, driven by high absorption, low vacancy, and consistent rent growth, makes this a highly desirable location.
  • Low-rise office space in Orange County has significantly outperformed high-rise in rent growth and vacancy reduction over the past decade, a trend projected to continue.
  • Prime Orange County location near the county courthouse and conveniently situated between I-5 and SR-55 freeways.
  • Excellent access to the Santa Ana Regional Transportation Center (SARTC) and John Wayne Airport provides exceptional multimodal transportation options.

Property Details for 2000 4Th St

Property type
Office properties
Square Feet
33,184 SF
Class
B
Year Built
1982
Buildings
1
Stories
3
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Santa Ana
County
Orange
State
California
Latitude
33.7478266
Longitude
-117.8386142
2000 4Th St, Santa Ana, California

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2000 4Th St
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