Medical Office Building Suites
1310 W Stewart Dr Orange, CA 92868
1310 W Stewart Dr, Orange, CA, 92868
Contact for pricing
Medical suites for sale near Providence St. Joseph Hospital.
Property Size1,717 SF
Price / SF$579.50
AddedJul 11, 2024
Days on Market736
Last RefreshJul 13 at 5:21 am
Property Features for 1310 W Stewart Dr
General Information
- Standard status
- Active
- Size
- 1,717 SF
- Property subtype
- Office
Listing office Med West Realty
Listing date Jul 11, 2024
Source Crexi
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 Med West Realty
Investment Insights
Based on property information with market context.
The Providence Building, located at 1310 W. Stewart Drive, Orange, CA 92868, offers suites for sale in a 115,000 SF, 6-story building. Common area renovations are in process. The building is elevator served and features reserved doctor parking and free patient parking validation. It is professionally managed and offers close proximity to Providence St. Joseph Hospital Orange, CHOC Children’s Hospital, and UCI Medical Center, with excellent freeway access to the 5, 57 & 22 Freeways. The location is ideal, serving 1.8 million patients within a 15-minute drive time and 687,000 patients within a 5-mile radius. Suite 211 offers 1,408 SF of space with 4 exam rooms, a doctor's office, in-suite restroom, breakroom, waiting room, reception/admin area, and storage. Suite 214 provides 1,717 SF and was previously used as a plastic surgery space, featuring 3 exam rooms, 1 doctor’s office, a procedure room, lab, in-suite restroom, reception/admin area, waiting room, and storage.
Key Highlights
- Prime location near Providence St. Joseph Hospital Orange, CHOC Children’s Hospital, and UCI Medical Center
- Excellent freeway access to the 5, 57 & 22 Freeways
- Suites available for sale: Suite 211 (1,408 SF) and Suite 214 (1,717 SF)
Local Financial Insights For Office B
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 | $48.6k | $28.32 |
| − Vacancy | −$6.3k | −$3.68 |
| EGI | $42.3k | $24.64 |
| − OpEx | −$10.6k | −$6.16 |
| NOI | $31.7k | $18.48 |
1,717 SF · lease $28.32/SF/yr · vacancy 13.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$453.3K
$396.6K – $528.8K
NOI $31,728 @ 7.0% cap · market cap 3.19%
Second Best
Healthcare Medical
$359.4K
$314.5K – $419.3K
NOI $25,157 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$620.7K
$543.1K – $724.2K
NOI $43,451 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chapman Veterinary Hospital
Veterinary Clinic
CHOC Children's Specialists ...
Hospital
Providence Prosthodontics Dental ...
Dental Office
Dr. Niles F. ...
Dental Office
Dr. Marcela Ayala, ...
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Orange Veterinary Hospital: Rodrigues Daniel DVM — 1100 W Chapman Ave, Orange, CA 92868
- Voll Rachelle DVM — 1100 W Chapman Ave, Orange, CA 92868
- Parasites — 1100 W Chapman Ave, Orange, CA 92868
- Chapman Veterinary Hospital — 1310 W Stewart Dr STE 212, Orange, CA 92868
- America Vet Enterprise Inc — Orange, CA 92868, United States
FAQs
What type of property is this?
Medical Office Space - Medical suites for sale near Providence St. Joseph Hospital.
Where is this medical office space located?
The property is located at 1310 W Stewart Dr Orange, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location near Providence St. Joseph Hospital Orange, CHOC Children’s Hospital, and UCI Medical Center; Excellent freeway access to the 5, 57 & 22 Freeways; Suites available for sale: Suite 211 (1,408 SF) and Suite 214 (1,717 SF)
