Freestanding Industrial/Retail/Showroom
For Sale
Contact for pricing
250 N Orange, Brea, CA 92821
Recently renovated mixed-use building in Brea's thriving downtown area.
Property Size9,911 SF
Lot Size0.46 Acres
Price / SF$383.41
Days on Market703
Property Features for 250 N Orange
General Information
Standard status
Active
Size
9,911 SF
Total Parking Spaces
15
Lot size
0.46 Acres
Property subtype
Retail, Industrial
Zoning
Industrial Commercial
Building Details
Year Built
1991
Year Renovated
2020
Listing Agency:
Lee & Associates - Orange
Listed By:
John Son · License #CA 01069091
(562) 665-1199
Source:
Crexi
Added: Oct 3, 2024
Changed: Aug 27
Last Checked: Sep 1 at 11:52AM
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 freestanding mixed-use property offers an opportunity for owner-users or investors. The property, renovated in 2020 with $500,000 in upgrades, is located in the downtown area of Brea. The building has approximately 9,911 square feet and is situated on 0.46 acres. Zoned C-M (Industrial Commercial), the property allows for a variety of uses, including commercial, retail, industrial, medical services, auto repair, and office. Buyers should verify permitted uses with the city of Brea. The building features two ground-level doors and a full sprinkler system. The layout includes a two-story office, a showroom with a 24-foot ceiling, and a warehouse with a 16-foot ceiling. This property presents an opportunity for business establishment or expansion in a prime Orange County location.
Key Highlights
- Recently renovated with $500K in upgrades (2020).
- ±9,911 SF freestanding industrial/retail/showroom building.
- Located in the thriving city of Brea downtown area, a prime Orange County location.
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
$225,181
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
5.93%
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%
$4,503,620
$4.5M
Cap Rate 7%
$3,216,871
$3.2M
Cap Rate 9%
$2,502,011
$2.5M
Market Conditions
NOI Build-Up for 9,911 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
$333.0K $33.60/SF
− Vacancy
−$11.3K −$1.14/SF
EGI
$321.7K $32.46/SF
− OpEx
−$96.5K −$9.74/SF
NOI
$225.2K $22.72/SF
Area
Orange County, CA
Vacancy
3.40%
Lease Rate
$33.60 /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%
$4,503,620
Cap Rate 7%
$3,216,871
Cap Rate 9%
$2,502,011
Alternative Uses
Best Use
Retail
$3.22M
$2.81M – $3.75M
NOI $225,181 @ 7.0% cap · market cap 5.93%
Second Best
Office B
$2.78M
$2.44M – $3.25M
NOI $194,898 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $233,023 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 92821, CA
41,335
Population
15,232
Households
2.7
Avg Household Size
40
Median Age
49%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
2,932
Density / Sq Mi
$116,660
Median Household Income
$59,010
Median Earnings
$2,254
Median Rent
$851,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Recently renovated mixed-use building in Brea's thriving downtown area.
Where is this mixed-use property located?
The property is located at 250 N Orange Brea, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Recently renovated with $500K in upgrades (2020).; ±9,911 SF freestanding industrial/retail/showroom building.; Located in the thriving city of Brea downtown area, a prime Orange County location.
