Two-Story Flex Building For
201 Avenida Fabricante San Clemente, CA 92672
201 Avenida Fabricante, San Clemente, CA, 92672
$6,971,250
For Sale
$6,971,250
Two-story flex building with long-term tenant in place.
Property Size21,450 SF
Price / SF$325
Days on Market140
Property Features for 201 Avenida Fabricante
General Information
- Standard status
- Active
- Size
- 21,450 SF
- Property subtype
- Office
Building Details
- Year Built
- 1999
Listing agency
Lee & Associates - Irvine
(949) 874-1549
Listed by
Mark Jerue · License #CalDRE #01073399
(949) 874-1549
Source
Lee-associates
Added: Mar 4 Updated: Jul 10 at 3:46PM Checked: Jul 22 at 3:22AM
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 - Irvine
Investment Insights
Based on property information with market context.
A two-story flex building offering approximately 21,450 square feet is available for sale. The property presents an excellent opportunity for an owner-user. The current tenant has occupied the building for over 20 years, with the lease expiring on February 28, 2027. The building is elevator served.
Key Highlights
- ±21,450 SF two‑story flex building
- Excellent owner‑user opportunity
- Elevator served
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $713.0k | $33.24 |
| − Vacancy | −$112.6k | −$5.25 |
| EGI | $600.4k | $27.99 |
| − OpEx | −$210.1k | −$9.80 |
| NOI | $390.3k | $18.19 |
21,450 SF · lease $33.24/SF/yr · vacancy 15.79% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$5.58M
$4.88M – $6.50M
NOI $390,270 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$3.58M
$3.13M – $4.18M
NOI $250,666 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$7.20M
$6.30M – $8.41M
NOI $504,324 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Butterfly Orchid — 1100 Calle Del Cerro, San Clemente, CA 92673
- Gourmet Mini Donuts — 1001 Avenida Pico # C, San Clemente, CA 92673
FAQs
What type of property is this?
Flex space - Two-story flex building with long-term tenant in place.
Where is this flex space located?
The property is located at 201 Avenida Fabricante San Clemente, CA.
What is the asking price?
The asking price for this property is $6,971,250.
What are key features of this property?
This property features: ±21,450 SF two‑story flex building; Excellent owner‑user opportunity; Elevator served
