Multi-Tenant Flex
1980 2000 West Corporate Way, Anaheim, CA 92801
For Sale
$7,650,000
Three-unit configuration includes drive-around circulation, truck wells, and ground-level loading.
Property Size31,648 SF
Lot Size1.80 Acres
Price / SF$241.72
Days on Market95
Property Features for 1980 2000 West Corporate Way
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Highway Access
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
SVN Vanguard
Listed By:
Cameron Jones, SIOR · License CA #01770606
(714) 240-7078
Source:
Svn
Added: Aug 8
Changed: Nov 7
Last Checked: Nov 8 at 5:05AM
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 SVN Vanguard
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Investment Insights
Based on property information with market context.
This 31,648 SF flex property contains three industrial units on approximately 1.8 acres. The improvements provide full drive-around circulation, truck wells, ground-level loading, and parking at a 4:1,000 ratio. Built in 1984, the property has received ongoing care since 2016, including a TPO roof installed in 2017 and LED lighting upgrades.
The Anaheim property is positioned near Interstate 5 within the Crescent Corporate Center. It is 100% leased under multi-tenant net lease agreements, with a 3.34-year Weighted Average Lease Term. The lease structure passes through taxes and CAM expenses, reducing the landlord’s direct operating responsibilities.
The Anaheim property is positioned near Interstate 5 within the Crescent Corporate Center. It is 100% leased under multi-tenant net lease agreements, with a 3.34-year Weighted Average Lease Term. The lease structure passes through taxes and CAM expenses, reducing the landlord’s direct operating responsibilities.
Key Highlights
- 100% leased multi‑tenant net investment with a 3.34‑year Weighted Average Lease Term
- 31,648 SF flex building configured as three industrial units
- Approximately 1.8‑acre parcel with full drive‑around circulation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$496,856
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,937,120
$9.9M
Cap Rate 7%
$7,097,943
$7.1M
Cap Rate 9%
$5,520,622
$5.5M
Market Conditions
NOI Build-Up for 31,648 SF
Gross rent
$611.4K $19.32/SF
− Vacancy
−$26.9K −$0.85/SF
EGI
$584.5K $18.47/SF
− OpEx
−$87.7K −$2.77/SF
NOI
$496.9K $15.70/SF
Area
ZIP 92801
Vacancy
4.40%
Lease Rate
$19.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,937,120
Cap Rate 7%
$7,097,943
Cap Rate 9%
$5,520,622
Alternative Uses
Best Use
Warehouse
$7.10M
$6.21M – $8.28M
NOI $496,856 @ 7.0% cap · market cap 6.49%
Second Best
Flex RnD
$6.80M
$5.95M – $7.93M
NOI $475,688 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$10.08M
$8.82M – $11.76M
NOI $705,700 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,840
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92801, CA
63,163
Population
19,519
Households
3.2
Avg Household Size
34
Median Age
21%
College-Educated
73%
High-School Grad
6.3 sq mi
ZIP Area
10,026
Density / Sq Mi
$78,477
Median Household Income
$37,516
Median Earnings
$1,977
Median Rent
$632,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Anaheim
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Three-unit configuration includes drive-around circulation, truck wells, and ground-level loading.
Where is this flex space located?
The property is located at 1980 2000 West Corporate Way Anaheim, CA.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: 100% leased multi‑tenant net investment with a 3.34‑year Weighted Average Lease Term; 31,648 SF flex building configured as three industrial units; Approximately 1.8‑acre parcel with full drive‑around circulation
