Garden Grove Industrial
For Sale
$2,300,000
11700 Anabel Avenue, Garden Grove, CA 92843
5,000 SF building ideal for industrial and manufacturing purposes.
Property Size5,000 SF
Price / SF$460
Days on Market166
Property Features for 11700 Anabel Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial
Listing Agency:
SVN Vanguard
(714) 421-2258
Listed By:
Anthony Ying · License #CalDRE #02052345
(714) 421-2258
Source:
Svn
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 19 at 5:30AM
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 SVN Vanguard
Investment Insights
Based on property information with market context.
Located in Garden Grove, this 5,000 SF building is suitable for industrial and manufacturing purposes. The property's layout provides flexibility for customization. The grounds offer parking and maneuvering space for industrial vehicles. The location provides access to transportation routes, including the 22 Freeway. The surrounding area features industrial infrastructure. The property is positioned in Orange County, offering proximity to distribution centers and manufacturing facilities, as well as a skilled labor pool. The area includes commercial and residential zones, providing support services and amenities for employees and businesses.
Key Highlights
- 5,000 SF building ideal for industrial, manufacturing, or distribution.
- Strategic location in Garden Grove with easy access to the 22 Freeway.
- Versatile layout provides flexibility for customization.
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
$77,035
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
3.35%
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%
$1,540,700
$1.5M
Cap Rate 7%
$1,100,500
$1.1M
Cap Rate 9%
$855,944
$855.9K
Market Conditions
NOI Build-Up for 5,000 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
$95.4K $19.08/SF
− Vacancy
−$4.8K −$0.95/SF
EGI
$90.6K $18.13/SF
− OpEx
−$13.6K −$2.72/SF
NOI
$77.0K $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 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%
$1,540,700
Cap Rate 7%
$1,100,500
Cap Rate 9%
$855,944
Alternative Uses
Best Use
Warehouse
$1.10M
$962.9K – $1.28M
NOI $77,035 @ 7.0% cap · market cap 3.35%
Second Best
Industrial
$906.3K
$793.0K – $1.06M
NOI $63,441 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.56M
$1.37M – $1.83M
NOI $109,536 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
Explore this area
Business Placement
Demographics for 92843, CA
45,480
Population
12,051
Households
3.8
Avg Household Size
38
Median Age
18%
College-Educated
69%
High-School Grad
4.0 sq mi
ZIP Area
11,370
Density / Sq Mi
$82,009
Median Household Income
$34,941
Median Earnings
$1,878
Median Rent
$665,900
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?
Manufacturing property - 5,000 SF building ideal for industrial and manufacturing purposes.
Where is this manufacturing property located?
The property is located at 11700 Anabel Avenue Garden Grove, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 5,000 SF building ideal for industrial, manufacturing, or distribution.; Strategic location in Garden Grove with easy access to the 22 Freeway.; Versatile layout provides flexibility for customization.
