Office Building for
For Sale
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7077 Orangewood Ave, Garden Grove, CA 92841
Office building offered for sale with commercial square footage totaling 39,294.
Property Size39,294 SF
Price / SF$241.77
Days on Market174
Property Features for 7077 Orangewood Ave
General Information
Standard status
Active
Size
39,294 SF
Property subtype
OFFICE
Listing Agency:
Kott & Company
(714) 772-7000
Listed By:
Wally Courtney
(714) 772-0602
Source:
Moodyscre
Added: May 8
Changed: Oct 26
Last Checked: Oct 26 at 2:23PM
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 Kott & Company
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Investment Insights
Based on property information with market context.
Available for sale, this office building presents a straightforward commercial option for investors and owner-users. The property totals 39,294 square feet.
Located at 7077 Orangewood Ave in Garden Grove, California 92841, the offering is well suited for buyers seeking an income-producing office asset or an owner-occupied workplace configuration.
The available information describes the property at the building level, with no additional detail provided on unit mix or leasing status.
Located at 7077 Orangewood Ave in Garden Grove, California 92841, the offering is well suited for buyers seeking an income-producing office asset or an owner-occupied workplace configuration.
The available information describes the property at the building level, with no additional detail provided on unit mix or leasing status.
Key Highlights
- Office building for sale
- Total commercial square footage: 39,294 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$602,966
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,059,320
$12.1M
Cap Rate 7%
$8,613,800
$8.6M
Cap Rate 9%
$6,699,622
$6.7M
Market Conditions
NOI Build-Up for 39,294 SF
Gross rent
$1.04M $26.40/SF
− Vacancy
−$233.4K −$5.94/SF
EGI
$804.0K $20.46/SF
− OpEx
−$201.0K −$5.12/SF
NOI
$603.0K $15.35/SF
Area
Garden Grove, CA
Vacancy
22.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,059,320
Cap Rate 7%
$8,613,800
Cap Rate 9%
$6,699,622
Alternative Uses
Best Use
Office B
$8.61M
$7.54M – $10.05M
NOI $602,966 @ 7.0% cap · market cap 6.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.30M
$10.76M – $14.35M
NOI $860,822 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
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Business Placement
Demographics for 92841, CA
34,376
Population
9,813
Households
3.5
Avg Household Size
39
Median Age
22%
College-Educated
75%
High-School Grad
4.6 sq mi
ZIP Area
7,473
Density / Sq Mi
$81,975
Median Household Income
$36,900
Median Earnings
$1,983
Median Rent
$766,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building offered for sale with commercial square footage totaling 39,294.
Where is this office building located?
The property is located at 7077 Orangewood Ave Garden Grove, CA.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: Office building for sale; Total commercial square footage: 39,294 SF
