Listing Agency: Lee & Associates Show Phone

Listed By: Nick Magarian · License #02236068 Show Phone

Source: Moodyscre

Added: Oct 5 Changed: Oct 7 Last Checked: Oct 12 at 9:57PM

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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

Investment Insights

Based on property information with market context.

This industrial-flex property contains 4,995 square feet, including approximately 3,247 square feet of renovated office space. Glass-lined offices feature high ceilings, while the warehouse offers a minimum clear height of 15 feet and one ground-level loading door.

The property is on Enterprise Drive in Anaheim, with immediate access to the 57, 91, and 55 freeways.

Key Highlights

• 4,995‑square‑foot industrial‑flex building
• Approximately 3,247 SF of renovated office space
• Glass‑lined offices with high ceilings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$82,497

Cap Rate

3.30%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,649,940 $1.6M

Cap Rate 7%

$1,178,529 $1.2M

Cap Rate 9%

$916,633 $916.6K

Market Conditions

NOI Build-Up for 4,995 SF

Gross rent

$102.5K $20.52/SF

− Vacancy

−$5.4K −$1.09/SF

EGI

$97.1K $19.43/SF

− OpEx

−$14.6K −$2.91/SF

NOI

$82.5K $16.52/SF

Area

ZIP 92806

Vacancy

5.31%

Lease Rate

$20.52 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,649,940

Cap Rate 7%

$1,178,529

Cap Rate 9%

$916,633

Alternative Uses

Best Use

Warehouse

$1.18M

$1.03M – $1.37M (±1% cap)

NOI $82,497 @ 7.0% cap · market cap 3.30%

Second Best

Flex RnD

$1.09M

$951.1K – $1.27M (±1% cap)

NOI $76,091 @ 7.0% cap · market cap 3.04%

Theoretical Best

Office A

$1.60M

$1.40M – $1.87M (±1% cap)

NOI $112,064 @ 7.0% cap · market cap 4.48%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Hair Salon Spa & Massage Center Nail Salon Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft

Clear height

1

Drive-in doors

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

2,281

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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 Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Cham-ya Catering — 3550 Enterprise Dr, Anaheim, CA 92807
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Frequently Asked Questions

What type of property is this?

Flex space - A renovated, glass-fronted office area complements warehouse space with ground-level loading.

Where is this flex space located?

The property is located at 3574-3578 Enterprise Dr Anaheim, CA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 4,995‑square‑foot industrial‑flex building; Approximately 3,247 SF of renovated office space; Glass‑lined offices with high ceilings