Two-Story Medical Office
New
For Sale
$4,590,000
7151 Lincoln, Buena Park, CA 90620
A flexible two-level layout and on-site parking support medical and professional office configurations.
Property Size13,760 SF
Days on Market6
Property Features for 7151 Lincoln
General Information
Standard status
Active
Size
13,760 SF
Property subtype
Commercial
Building Details
Building Size
13,760 SF
Listed By:
Greg Bassirpou
Source:
Elliman
Added: Sep 29
Last Checked: Oct 2 at 9:30PM
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 Greg Bassirpou
Investment Insights
Based on property information with market context.
The two-story medical office property contains approximately 13,760 square feet on a 0.74-acre parcel. Its floor plan spans both levels and can be arranged for single- or multi-tenant occupancy. The building is offered in its current condition, and on-site parking serves the property. Medical, professional, and service-oriented uses are identified as potential applications.
At 7151 Lincoln Avenue in Buena Park, the property fronts an arterial carrying more than 25,000 vehicles daily. Access to the 5, 91, and 605 Freeways connects the site with Orange County and Los Angeles markets. Nearby context includes residential communities, schools, retailers, and service businesses.
At 7151 Lincoln Avenue in Buena Park, the property fronts an arterial carrying more than 25,000 vehicles daily. Access to the 5, 91, and 605 Freeways connects the site with Orange County and Los Angeles markets. Nearby context includes residential communities, schools, retailers, and service businesses.
Key Highlights
- Approximately 13,760 square feet across two stories
- Situated on a 0.74‑acre parcel
- Lincoln Avenue location with more than 25,000 vehicles passing daily
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
$270,587
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
5.90%
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%
$5,411,740
$5.4M
Cap Rate 7%
$3,865,529
$3.9M
Cap Rate 9%
$3,006,522
$3.0M
Market Conditions
NOI Build-Up for 13,760 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
$411.1K $29.88/SF
− Vacancy
−$50.4K −$3.66/SF
EGI
$360.8K $26.22/SF
− OpEx
−$90.2K −$6.55/SF
NOI
$270.6K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
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%
$5,411,740
Cap Rate 7%
$3,865,529
Cap Rate 9%
$3,006,522
Alternative Uses
Best Use
Office B
$3.87M
$3.38M – $4.51M
NOI $270,587 @ 7.0% cap · market cap 5.90%
Second Best
Healthcare Medical
$3.74M
$3.28M – $4.37M
NOI $262,149 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$4.62M
$4.04M – $5.39M
NOI $323,520 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90620, CA
46,564
Population
13,579
Households
3.4
Avg Household Size
40
Median Age
33%
College-Educated
86%
High-School Grad
6.4 sq mi
ZIP Area
7,276
Density / Sq Mi
$122,582
Median Household Income
$49,523
Median Earnings
$2,263
Median Rent
$782,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A flexible two-level layout and on-site parking support medical and professional office configurations.
Where is this medical office space located?
The property is located at 7151 Lincoln Buena Park, CA.
What is the asking price?
The asking price for this property is $4,590,000.
What are key features of this property?
This property features: Approximately 13,760 square feet across two stories; Situated on a 0.74‑acre parcel; Lincoln Avenue location with more than 25,000 vehicles passing daily
