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NNN Industrial Campus
For Sale
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Pending

428 W Katella Ave, Orange, CA 92867

Industrial campus with NNN leases, diversified tenancy, and land supporting future redevelopment.

Property SizeContact for details
Days on Market142

Property Features for 428 W Katella Ave

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: CBRE - Orange County
Listed By: Bryan Johnson · License #02018612
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:49AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This NNN industrial property is organized as a multi-tenant campus with approximately two dozen occupants and a 99% leased rent roll. Lease structures include annual increases, while expiration dates are distributed across the tenancy rather than concentrated in a single period.

The property encompasses more than nine acres in Orange, California, providing a substantial land component alongside the existing industrial improvements. Weighted remaining lease term is 2.41 years, and in-place rents average approximately 18.3% below market. Projected rent growth during the five-year hold period is approximately 46%, with no more than 37% of leases expiring in any one year.

Key Highlights

  • 99%-leased NNN industrial campus
  • More than nine acres of land in Orange, California
  • Approximately two dozen tenants with staggered lease expirations

Property Analytics

Current Use

Bodhi Leaf Coffee ... Cafe & Coffee Shop Bodhi Leaf Coffee ... Grocery & Convenience Store BounceU Orange Kids ... Arcade & Gaming Center PLB Coffee Specialty Food Shop Bodhi Leaf Coffee ... Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Pharmacy Restaurant Real Estate Agency Parking Lot & Garage Hotel & Motel

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

Location Intelligence

Trade Area within ½ mile

2,151
Businesses Nearby

Demographics for 92867, CA

44,927
Population
13,693
Households
3.3
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
12.0 sq mi
ZIP Area
3,744
Density / Sq Mi
$125,799
Median Household Income
$50,744
Median Earnings
$2,209
Median Rent
$951,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Industrial campus with NNN leases, diversified tenancy, and land supporting future redevelopment.
Where is this nnn property located?
The property is located at 428 W Katella Ave Orange, CA.
What are key features of this property?
This property features: 99%-leased NNN industrial campus; More than nine acres of land in Orange, California; Approximately two dozen tenants with staggered lease expirations
(949) 725-8425 Call to check price and availability
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