5 Hutton Centre DrSanta Ana, CA 92707

Property Details for 5 Hutton Centre Dr

Year built

1987

Lot size

1.79 AC

Property size (Sq ft)

263,006 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

411-102-06

APU

41110206

Description

Griffin Towers, located at 5 & 6 Hutton Centre Dr in Santa Ana, CA 92707, offers premium Class A executive office space. This landmark twin-tower complex boasts a total of 555,993 rentable square feet, with flexible floor plans ranging from a minimum of 1,756 square feet to a maximum contiguous space of 27,992 square feet. Currently, 142,705 square feet are vacant and available for lease. The property features convenient access to the 55 and 405 freeways, providing easy commutes and excellent visibility. Its prime location in Orange County's South Metro area places it minutes from John Wayne Airport, and offers a dedicated airport lane. The building also provides ample parking with a 4-space-per-1,000-square-foot ratio and elevators for convenient access to all floors. Griffin Towers enjoys a strategic location near various amenities, including numerous restaurants, the University of California, Irvine, prominent retail centers such as South Coast Plaza and Fashion Island, and is within a 30-minute radius of Disneyland, Honda Center, Angel Stadium, and the Anaheim Convention Center. This exceptional property presents a unique opportunity for businesses seeking a prestigious and well-connected office space in Orange County.

• CAP approach

  CAP return

  Valuation

  6%

  $106,339,040

  6.5%

  $98,159,120

  7%

  $91,147,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $233,276,960

  Geo Method

  $233,276,960

• Alternative Use

  Use

  Valuation

  Residential

  $82,800,888

  Hospitality

  $75,845,168

  Educational

  $63,102,288

  Medical

  $65,272,472

  Retail

  $98,159,120

Location Insight

City

Santa Ana

County

Orange

State

California

Latitude

33.6962

Longitude

-117.865

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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