275 Brea BlvdBrea, CA 92821

Property Details for 275 Brea Blvd

Lot size

0.98 AC

Property type

Other commercial real estate

Property subtype

Showrooms

APN

296-333-10

APU

29633310

Description

This exceptional two-story Class B medical office building, located at 275 N Brea Blvd, Brea, CA 92821, offers a fantastic opportunity for medical professionals seeking a prominent presence in a thriving Orange County community. The building totals 15,858 square feet and features two suites, with a significant amount of vacant space totaling 13,466 square feet. Flexible space options are available, ranging from a minimum of 4,641 square feet to a maximum contiguous space of 8,825 square feet, catering to various practice sizes and needs. The building boasts convenient access to major thoroughfares, including Lambert Road and Imperial Highway, and is situated approximately one mile from the 57 freeway, ensuring excellent accessibility for patients and staff. Its prime location offers proximity to Brea Downtown, providing easy access to a variety of dining, shopping, and retail amenities. Furthermore, the Brea Mall and Providence Hospital are within a short driving distance. The building includes elevators for convenient access to both floors and offers prominent building and monument signage along Brea Boulevard, enhancing visibility and brand recognition. This is an ideal opportunity to establish or expand a medical practice in a high-traffic, highly visible location.

• CAP approach

  CAP return

  Valuation

  6%

  $17,653,424

  6.5%

  $16,295,468

  7%

  $15,131,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,528,454

  Geo Method

  $20,849,132

• Alternative Use

  Use

  Valuation

  Residential

  $13,745,837

  Hospitality

  $12,591,113

  Educational

  $10,475,658

  Medical

  $10,835,932

  Retail

  $16,295,468

Location Insight

City

Brea

County

Orange

State

California

Latitude

33.9233

Longitude

-117.897

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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