350 Ranger St Brea, CA 92821
- Industrial properties
- 138,710 SF
- 6.36 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 350 Ranger St
- Lot size
- 6.36 lot acres
- Property size
- 138,710 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brea
- County
- Orange
- State
- California
- Longitude
- -117.859
- Latitude
- 33.9152
