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Two-Story Flex Building For Sale

201 Avenida Fabricante San Clemente, CA 92672

201 Avenida Fabricante, San Clemente, CA, 92672
$6,971,250
For Sale
Claim this Listing
$6,971,250

Two-story flex building with long-term tenant in place.

Property Size21,450 SF
Price / SF$325
AddedMar 4
Days on Market134
Last RefreshJul 15 at 2:17 pm

Property Features for 201 Avenida Fabricante

General Information

Standard status
Active
Size
21,450 SF
Property subtype
Office

Building Details

Year Built
1999

Listing office Lee & Associates - Irvine

Listing date Mar 4, 2026

Source Lee-associates

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 - Irvine


Investment Insights

Based on property information with market context.

A two-story flex building offering approximately 21,450 square feet is available for sale. The property presents an excellent opportunity for an owner-user. The current tenant has occupied the building for over 20 years, with the lease expiring on February 28, 2027. The building is elevator served.

Key Highlights

  • ±21,450 SF two‑story flex building
  • Excellent owner‑user opportunity
  • Elevator served

Local Financial Insights For Flex RnD

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 $713.0k $33.24
− Vacancy −$112.6k −$5.25
EGI $600.4k $27.99
− OpEx −$210.1k −$9.80
NOI $390.3k $18.19
21,450 SF · lease $33.24/SF/yr · vacancy 15.79% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$5.58M
$4.88M – $6.50M (±1% cap)
NOI $390,270 @ 7.0% cap · market cap 5.60%
Second Best
Industrial
$3.58M
$3.13M – $4.18M (±1% cap)
NOI $250,666 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$7.20M
$6.30M – $8.41M (±1% cap)
NOI $504,324 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Hair Salon Nail Salon Auto Parts Store Spa & Massage Center Pharmacy Parking Lot & Garage Furniture & Home Goods Hotel & Motel Grocery & Convenience Store

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

Similar Off Market Nearby

  • Butterfly Orchid — 1100 Calle Del Cerro, San Clemente, CA 92673
  • Gourmet Mini Donuts — 1001 Avenida Pico # C, San Clemente, CA 92673

FAQs

What type of property is this?
Flex space - Two-story flex building with long-term tenant in place.
Where is this flex space located?
The property is located at 201 Avenida Fabricante San Clemente, CA.
What is the asking price?
The asking price for this property is $6,971,250.
What are key features of this property?
This property features: ±21,450 SF two‑story flex building; Excellent owner‑user opportunity; Elevator served
Contact an agent
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