Freestanding Industrial/Retail/Showroom
250 N Orange Ave Brea, CA 92821
250 N Orange Ave, Brea, CA, 92821
Contact for pricing
For Sale
Contact for pricing
Recently renovated mixed-use building in Brea's thriving downtown area.
Property Size9,911 SF
Lot Size0.46 Acres
Price / SF$395.02
Days on Market658
Property Features for 250 N Orange Ave
General Information
- Standard status
- Active
- Size
- 9,911 SF
- Lot size
- 0.46 Acres
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1991
Listing agency
Lee & Associates - Orange
(562) 665-1199
Listed by
John Son · License #CA 01069091
Source
Crexi
Added: Oct 3, 2024 Updated: Jul 6 at 8:19AM Checked: Jul 21 at 10:33AM
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.
Local Financial Insights For Retail
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 | $333.0k | $33.60 |
| − Vacancy | −$11.3k | −$1.14 |
| EGI | $321.7k | $32.46 |
| − OpEx | −$96.5k | −$9.74 |
| NOI | $225.2k | $22.72 |
9,911 SF · lease $33.60/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.22M
$2.81M – $3.75M
NOI $225,181 @ 7.0% cap · market cap 5.75%
Second Best
Office B
$2.78M
$2.44M – $3.25M
NOI $194,898 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $233,023 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Laser Plus Inc.
Home Appliance Store
osakibrea
Furniture & Home Goods
Laser Plus Premium
Electronics & Wireless Store
CrossFit Firestone
Gym & Fitness Center
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FAQs
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 Ave Brea, CA.
What is the asking price?
The asking price for this property is $3,915,000.
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.
