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    OFF-MARKET
    Office Spaces

    12235 Beach Blvd, Garden Grove, CA 92841

    37,185 SF Built 1981
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 37,185 square foot, two-story Class C office building situated on approximately 1.41 acres in Garden Grove, California. Located at 12235 Beach Blvd, zip code 92841, this multi-tenant property boasts 50 units and is currently approximately 90% occupied. The building, constructed in 1981, features a C2 zoning designation and offers ample parking at a ratio of 3.5 spaces per 1,000 square feet. All leases are three years or less, with no extension options, providing a flexible investment strategy. The asking price is $6,500,000, translating to $174.80 per square foot. This property benefits from its strategic location, a five-minute drive from the 22 Freeway, and is surrounded by new developments including multi-family, townhome, condo, apartment, and retail projects, indicating significant growth potential in the area. The sale is subject to court approval. This is a stabilized investment opportunity in a rapidly developing area.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1981
    Total area 37,185 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
    • Beach Executive Plaza Business Service Center Corporate Office
    • Global Auto Credit Acceptance Car Dealership
    • spyrion Consultant
    • Fullerton Capital Shopping Center & Mall
    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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