Freestanding Industrial
11711 Monarch St, Garden Grove, CA 92841
For Sale
$7,500,000
Office space, warehouse capacity, and a secured outdoor yard support a range of industrial operations.
Property Size19,395 SF
Lot Size1.37 Acres
Price / SF$386.70
Days on Market50
Property Features for 11711 Monarch St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Lee & Associates
Listed By:
Dylan Davey · License CA #02219560
(714) 323-1261
Source:
Lee-associates
Added: Sep 26
Changed: Nov 11
Last Checked: Nov 12 at 4:57AM
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 Lee & Associates
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Investment Insights
Based on property information with market context.
The 19,395-SF industrial building includes 5,256 SF of office area and warehouse space with 18' clear height. Four grade-level doors and one truckwell serve the warehouse. Secured, fenced yard areas are part of the site, which also contains approximately 15,000 SF of excess land. The building occupies approximately 32% of its 59,677-SF parcel, or 1.37 acres.
Built in 1978, the property is located at 11711 Monarch St in Garden Grove, California. Its combination of office and warehouse space, loading access, and fenced outdoor area is complemented by the remaining land on site.
Built in 1978, the property is located at 11711 Monarch St in Garden Grove, California. Its combination of office and warehouse space, loading access, and fenced outdoor area is complemented by the remaining land on site.
Key Highlights
- 19,395 SF industrial building with 5,256 SF of office space
- 59,677 SF parcel (1.37 acres) with approximately 15,000 SF of excess land
- 18' warehouse clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$298,821
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,976,420
$6.0M
Cap Rate 7%
$4,268,871
$4.3M
Cap Rate 9%
$3,320,233
$3.3M
Market Conditions
NOI Build-Up for 19,395 SF
Gross rent
$370.1K $19.08/SF
− Vacancy
−$18.5K −$0.95/SF
EGI
$351.6K $18.13/SF
− OpEx
−$52.7K −$2.72/SF
NOI
$298.8K $15.41/SF
Area
Garden Grove, CA
Vacancy
5.00%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,976,420
Cap Rate 7%
$4,268,871
Cap Rate 9%
$3,320,233
Alternative Uses
Best Use
Warehouse
$4.27M
$3.74M – $4.98M
NOI $298,821 @ 7.0% cap · market cap 3.98%
Second Best
Industrial
$3.52M
$3.08M – $4.10M
NOI $246,088 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$6.07M
$5.31M – $7.08M
NOI $424,890 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
18 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
996
Businesses Nearby
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Business Placement
Demographics for 92841, CA
34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Industrial properties in Garden Grove
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Office space, warehouse capacity, and a secured outdoor yard support a range of industrial operations.
Where is this industrial property located?
The property is located at 11711 Monarch St Garden Grove, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 19,395 SF industrial building with 5,256 SF of office space; 59,677 SF parcel (1.37 acres) with approximately 15,000 SF of excess land; 18' warehouse clear height
