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Property profile & analytics
OFF-MARKET
Office Spaces

530 Main St Orange, CA 92868

80,095 SF 0.35 ac lot Built 1966
Property ID
Property summary
AI-generated overview

This exceptional Class A office building, located at 530 S Main St, Orange, CA 92868, offers 80,095 square feet of net rentable space across six stories in one building. Currently 100% occupied by three tenants, including a major anchor tenant (Western Dental) with a long-term lease, the property boasts a strong historical occupancy rate averaging 97.5% since 2006. The building, constructed in 1966 and extensively renovated in 2020, benefits from approximately $2.5 million in recent capital improvements and is situated on a 0.347-acre lot. The property generates a significant NOI of $2,101,940. Its prime location offers exceptional visibility and accessibility, adjacent to the Garden Grove (22) Freeway and less than half a mile from the Santa Ana (5) junction. The building is directly across from Children's Hospital of Orange County and Providence St. Joseph Medical Center, and near the MainPlace Mall, a major shopping and entertainment destination undergoing significant redevelopment. The surrounding area is experiencing substantial residential densification, with over 1,000 luxury units planned within close proximity. This investment-grade property presents a compelling opportunity due to its strong tenant base, high occupancy, and strategic location within a rapidly growing area. The campus has seen significant capital investment totaling approximately $35 million since 2007. The weighted average lease term remaining is approximately 5.7 years.

Property profile
Verified
Property type Office Spaces
Year built 1966
Total area 80,095 SF
Lot 0.35 ac (15,115 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Western Dental Corporate Office Corporate Office
  • Dr. Payam Sohrab, DDS Dental Office
  • Silva Suarez Arturo DDS Dental Office
  • Sekik Rim DDS Dental Office
  • Cruz Eleanore S DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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