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350 Ranger St Brea, CA 92821

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138,710 SF, 100% Leased, NNN

Property size:
138,710 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 138,710-square-foot, single-story industrial manufacturing building situated on a 6.36-acre lot in Brea, California. The property boasts a prime location in Orange County's thriving technology/manufacturing cluster, strategically positioned near the SR-57 and SR-91 freeways, offering unparalleled access to major transportation arteries, including I-5, Metrolink stations, John Wayne Airport, and seaports. Currently 100% leased under a multi-tenant, Net Lease (NNN) agreement with a remaining term of 2.7 years, this asset provides a stable, inflation-protected income stream with built-in annual rent increases. The ease of ownership inherent in the NNN structure, combined with the strong market fundamentals of Orange County's tight industrial market (2.1% vacancy in 2Q24, 2.0% in North Orange County), makes this a compelling investment. The property includes 160 parking spaces and benefits from the area's abundant amenities and highly educated workforce. The remaining ground lease term offers a substantial investment runway and allows for full purchase price depreciation. This is a rare opportunity to acquire a high-performing asset in one of the safest and most desirable real estate markets in the country, offering significant upside potential.

Property Features for 350 Ranger St

General Information

Property type
Manufacturing properties
Square Feet
138,710 SF
Lot Size
277,042 SF

Building Details

Buildings
1
Stories
1

HighLights

  • 100% Leased NNN Industrial Investment Opportunity with Upside Potential in Brea, CA.
  • Prime Orange County Location near SR‑57/SR‑91 Freeways, offering easy access to major transportation arteries.
  • Stable, inflation‑protected income stream with annual rent increases from a multi‑tenant NNN lease with 2.7 years remaining.
  • Ease of ownership with a NNN structure in a strong industrial market (2.1% vacancy in Q2 2024).
  • Significant investment runway due to the remaining ground lease term, allowing full purchase price depreciation.
Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Map

City
Brea
County
Orange
State
California
Longitude
-117.8587989
Latitude
33.9152037

FAQs

What type of property is this?
Manufacturing property - 138,710 SF, 100% Leased, NNN
Where is this manufacturing property located?
The property is located at 350 Ranger St Brea, CA.
What are key features of this property?
This property features: 100% Leased NNN Industrial Investment Opportunity with Upside Potential in Brea, CA.; Prime Orange County Location near SR-57/SR-91 Freeways, offering easy access to major transportation arteries.; Stable, inflation-protected income stream with annual rent increases from a multi-tenant NNN lease with 2.7 years remaining.
More about this property
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