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Freestanding Building in Business Park

1516 Brookhollow Drive Santa Ana, CA 92705

1516 Brookhollow Drive, Santa Ana, CA, 92705
$2,950,000
For Sale
Claim this Listing
$2,950,000

13,084 SF building in Santa Ana near freeways.

Property Size13,084 SF
Price / SF$225.47
AddedMar 25
Days on Market114
Last RefreshJul 16 at 5:33 am

Property Features for 1516 Brookhollow Drive

General Information

Standard status
Active
Size
13,084 SF
Property subtype
Office

Listing office CBRE

Listing date Mar 25, 2026

Source Cbre

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


Investment Insights

Based on property information with market context.

This is a freestanding building with ±13,084 square feet of space, situated within a well-maintained business park. The zoning allows for multiple uses. The property includes parking at a ratio of 3.5:1 cars. It is located one minute from the 55 and 5 freeways and has visibility from the Costa Mesa (55) Freeway. This property is available for investment or owner-user sale.

Key Highlights

  • ±13,084 SF Freestanding Building
  • 1 Minute to the 55 & 5 Freeways
  • Zoning Allows for Multiple Uses

Local Financial Insights For Office B

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 $337.6k $25.80
− Vacancy −$62.4k −$4.77
EGI $275.1k $21.03
− OpEx −$68.8k −$5.26
NOI $206.3k $15.77
13,084 SF · lease $25.80/SF/yr · vacancy 18.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.95M
$2.58M – $3.44M (±1% cap)
NOI $206,338 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.93M
$3.44M – $4.59M (±1% cap)
NOI $275,255 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Grove Recovery Community Medical Clinic Ministerios Pentecostes Alto ... Church

Suggested Use

Hair Salon Nail Salon Veterinary Clinic Barber Shop Grocery & Convenience Store Pet Grooming Service Tattoo & Piercing Shop Tanning Salon (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 13,084 SF building in Santa Ana near freeways.
Where is this office building located?
The property is located at 1516 Brookhollow Drive Santa Ana, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: ±13,084 SF Freestanding Building; **1 Minute to the 55 & 5 Freeways**; Zoning Allows for Multiple Uses
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