Single-Tenant Industrial Facility with
For Sale
$7,800,000
1005 East Orangethorpe Avenue, Anaheim, CA 92801
Single-tenant industrial building with a large paved yard, ample parking, and a built-out office for manufacturing or distribution use.
Property Size25,200 SF
Lot Size1.52 Acres
Price / SF$309.52
Days on Market49
Property Features for 1005 East Orangethorpe Avenue
General Information
Standard status
Active
Size
25,200 SF
Total Parking Spaces
51
Lot size
1.52 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
1965
Tenancy
Single
Listing Agency:
eXp Realty of California Inc.
(323) 422-1910
Listed By:
Louis Chavez · License #CalDRE #01949822
Source:
7s
Added: Jun 25
Changed: Jul 10
Last Checked: Aug 11 at 6:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California Inc.
Investment Insights
Based on property information with market context.
This single-tenant industrial property includes a 125,158-square-foot industrial building on a 1.52-acre site, with an additional 51 available parking spaces. The layout includes office, warehouse, and employee areas already built out, along with an existing breakroom/kitchenette. The warehouse also benefits from natural light through skylights. Outside, the property features a large, functional paved yard designed to support day-to-day loading, staging, and deliveries, and a clean, well-maintained exterior.
Located at 1005 E Orangethorpe Ave on a corner lot configuration, the site provides strong street presence and site circulation. The property is described as being in a prime North Anaheim industrial corridor, surrounded by established industrial users. Access is highlighted as being convenient to I-5 and the 91 and 57 freeways, supporting efficient regional distribution and customer or employee travel.
For manufacturing, warehousing, or distribution users, the combination of a truck-friendly paved yard, on-site parking, and an office presence with storefront-style glass supports a practical mix of operations and customer-facing activity. Existing internal improvements can help reduce immediate tenant work, while the general industrial zoning is positioned to accommodate a wide range of industrial uses.
Located at 1005 E Orangethorpe Ave on a corner lot configuration, the site provides strong street presence and site circulation. The property is described as being in a prime North Anaheim industrial corridor, surrounded by established industrial users. Access is highlighted as being convenient to I-5 and the 91 and 57 freeways, supporting efficient regional distribution and customer or employee travel.
For manufacturing, warehousing, or distribution users, the combination of a truck-friendly paved yard, on-site parking, and an office presence with storefront-style glass supports a practical mix of operations and customer-facing activity. Existing internal improvements can help reduce immediate tenant work, while the general industrial zoning is positioned to accommodate a wide range of industrial uses.
Key Highlights
- 25,158 SF single‑tenant industrial building on a 1.52‑acre parcel built in 1965
- Large paved yard with truck‑friendly access and maneuverability for deliveries and operations
- 51 available parking spaces plus corner lot configuration for improved site circulation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$395,626
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,912,520
$7.9M
Cap Rate 7%
$5,651,800
$5.7M
Cap Rate 9%
$4,395,844
$4.4M
Market Conditions
NOI Build-Up for 25,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$486.9K $19.32/SF
− Vacancy
−$21.4K −$0.85/SF
EGI
$465.4K $18.47/SF
− OpEx
−$69.8K −$2.77/SF
NOI
$395.6K $15.70/SF
Area
ZIP 92801
Vacancy
4.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$7,912,520
Cap Rate 7%
$5,651,800
Cap Rate 9%
$4,395,844
Alternative Uses
Best Use
Warehouse
$5.65M
$4.95M – $6.59M
NOI $395,626 @ 7.0% cap · market cap 5.07%
Second Best
Flex RnD
$5.41M
$4.73M – $6.31M
NOI $378,771 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$8.03M
$7.02M – $9.37M
NOI $561,920 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant industrial building with a large paved yard, ample parking, and a built-out office for manufacturing or distribution use.
Where is this flex space located?
The property is located at 1005 East Orangethorpe Avenue Anaheim, CA.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: 25,158 SF single‑tenant industrial building on a 1.52‑acre parcel built in 1965; Large paved yard with truck‑friendly access and maneuverability for deliveries and operations; 51 available parking spaces plus corner lot configuration for improved site circulation
