Multi-Use Showroom
For Sale
$19,470,560
1701 South State College Boulevard, Anaheim, CA 92806
For-sale showroom facility positioned on Anaheim’s Tile Mile, suitable for multiple retail, medical, or automotive uses.
Property Size53,344 SF
Days on Market51
Property Features for 1701 South State College Boulevard
General Information
Standard status
Active
Size
53,344 SF
Property subtype
Industrial - Manufacturing
Building Details
Building Size
53,344 SF
Listing Agency:
Lee & Associates Orange
(714) 564-7136
Listed By:
Dan Kruse · License #00852571
Source:
Commercialcafe
Added: Jun 23
Changed: Aug 8
Last Checked: Jul 16 at 2:03AM
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 Lee & Associates Orange
Investment Insights
Based on property information with market context.
This for-sale showroom facility is located within Anaheim’s “Tile Mile,” a district known for dealers, contractors, home designers, and customers seeking home and commercial floor coverings. The property is presented as a premier showroom-oriented facility on Tile Mile.
The address is 1701 South State College Boulevard in Anaheim, California, placing the property in the heart of the Tile Mile corridor where a range of showroom and related service businesses operate.
While the property is described in connection with floor covering sales and display, the public remarks also identify other possible uses including church, auto-related business, medical, and other showroom uses. That range can make the space appealing to tenants or buyers looking for a dedicated showroom setting rather than a traditional storefront format. Prospective occupants should plan to review the facility in person to confirm layout and suitability for their specific showroom or service concept.
The address is 1701 South State College Boulevard in Anaheim, California, placing the property in the heart of the Tile Mile corridor where a range of showroom and related service businesses operate.
While the property is described in connection with floor covering sales and display, the public remarks also identify other possible uses including church, auto-related business, medical, and other showroom uses. That range can make the space appealing to tenants or buyers looking for a dedicated showroom setting rather than a traditional storefront format. Prospective occupants should plan to review the facility in person to confirm layout and suitability for their specific showroom or service concept.
Key Highlights
- Showroom facility for sale on Anaheim’s “Tile Mile” at 1701 S. State College Blvd.
- Positioned in Anaheim’s Tile Mile, with dealers, contractors, home designers, and customers for floor‑covering shopping.
- Compatible with multiple showroom uses including retail, medical, or automotive‑related businesses.
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
$766,793
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
3.94%
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%
$15,335,860
$15.3M
Cap Rate 7%
$10,954,186
$11.0M
Cap Rate 9%
$8,519,922
$8.5M
Market Conditions
NOI Build-Up for 53,344 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
$1.18M $22.20/SF
− Vacancy
−$88.8K −$1.67/SF
EGI
$1.10M $20.54/SF
− OpEx
−$328.6K −$6.16/SF
NOI
$766.8K $14.37/SF
Area
ZIP 92806
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
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%
$15,335,860
Cap Rate 7%
$10,954,186
Cap Rate 9%
$8,519,922
Alternative Uses
Best Use
Retail
$10.95M
$9.58M – $12.78M
NOI $766,793 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.10M
$14.96M – $19.95M
NOI $1,196,783 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,918
Businesses Nearby
175k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 42%
Home Improvements & Furnishings 3%
Hotels & Casinos 2%
ARCO
Shops & Services
44,507 visits/mo
0.3 miles
McDonald's
Dining
24,595 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
17,643 visits/mo
0.3 miles
Denny's
Dining
16,068 visits/mo
0.3 miles
Starbucks
Dining
14,847 visits/mo
0.3 miles
Demographics for 92806, CA
40,649
Population
13,144
Households
3.1
Avg Household Size
35
Median Age
26%
College-Educated
79%
High-School Grad
7.7 sq mi
ZIP Area
5,279
Density / Sq Mi
$95,112
Median Household Income
$44,212
Median Earnings
$2,234
Median Rent
$791,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- ExFloorit — 1900 e wright cir, anaheim, ca 92806
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- Arizona Tile, Anaheim Natural Stone Slab Warehouse — 700 E Katella Ave, Anaheim, CA 92805
- Contex Tile — 1656 S State College Blvd, Anaheim, CA 92806
Frequently Asked Questions
What type of property is this?
Showroom - For-sale showroom facility positioned on Anaheim’s Tile Mile, suitable for multiple retail, medical, or automotive uses.
Where is this showroom located?
The property is located at 1701 South State College Boulevard Anaheim, CA.
What is the asking price?
The asking price for this property is $19,470,560.
What are key features of this property?
This property features: Showroom facility for sale on Anaheim’s “Tile Mile” at 1701 S. State College Blvd.; Positioned in Anaheim’s Tile Mile, with dealers, contractors, home designers, and customers for floor‑covering shopping.; Compatible with multiple showroom uses including retail, medical, or automotive‑related businesses.
