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Renovated Flex Building with Dispensary
For Sale
Contact for pricing
Pending

3242 S Halladay St, Santa Ana, CA 92705

Renovated in 2020 and 100% occupied, this flex facility includes interior and exterior parking plus office and retail/dispenser use.

Property Size24,468 SF
Lot Size0.93 Acres
Days on Market123

Property Features for 3242 S Halladay St

General Information

Standard status Pending
Size 24,468 SF
Lot size 0.93 Acres
Property subtype Mixed Use, Office, Retail
Occupancy 100%

Additional Details

Cap Rate 9%
Highway Access Yes

Building Details

Year Renovated 2020
Tenancy Single
Listing Agency: Stream Realty Partners Greater L.A.
Listed By: Geoff Foley · License #CA 01944028
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 8:36AM

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 Stream Realty Partners Greater L.A.

Investment Insights

Based on property information with market context.

This for-sale flex building is offered as an absolute NNN sale-leaseback and is 100% occupied by Unrivaled Brands, Inc (OTC: UNRV). The property was completely renovated in 2020 with millions invested, supporting its use as the executive headquarters for Unrivaled while the first floor is home to the company’s flagship dispensary. The offering includes a 24,468 SF building on a 0.93-acre lot.

Situated in infill Santa Ana, the building is described as having strong access to Highways 5, 55, and 405, and it is minutes from John Wayne International Airport. Both interior and exterior parking are provided on site.

The absolute NNN structure and the existing, fully leased occupancy support a hands-off approach for an investor seeking a stabilized cannabis-related operating asset.

Key Highlights

  • Flex building at 3242 S Halladay St in Santa Ana, CA, offered sale‑leaseback with 100% occupancy
  • 24,468 SF building on a 0.93 AC lot, positioned as an absolute NNN offering
  • Tenant: Unrivaled Brands, Inc (OTC: UNRV), with the property serving as headquarters and a flagship dispensary

Property Analytics

Current Use

Terra Tech Corp Association Or Organization Unrivaled Brands Inc Financial Advisor The Spot (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nail Salon Hair Salon HVAC Service Barber Shop Grocery & Convenience Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,245
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92705, CA

45,902
Population
16,642
Households
2.8
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
11.8 sq mi
ZIP Area
3,890
Density / Sq Mi
$125,928
Median Household Income
$51,830
Median Earnings
$2,250
Median Rent
$1,135,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated in 2020 and 100% occupied, this flex facility includes interior and exterior parking plus office and retail/dispenser use.
Where is this flex space located?
The property is located at 3242 S Halladay St Santa Ana, CA.
What are key features of this property?
This property features: Flex building at 3242 S Halladay St in Santa Ana, CA, offered sale‑leaseback with 100% occupancy; 24,468 SF building on a 0.93 AC lot, positioned as an absolute NNN offering; Tenant: Unrivaled Brands, Inc (OTC: UNRV), with the property serving as headquarters and a flagship dispensary
More about this property
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