350 Ranger St Brea, CA 92821
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.