1 City W Blvd Orange, CA 92868-3621

Property Details for 1 City W Blvd

Lot size

11.30 lot acres

Property type

Commercial real estate

APN

231-131-39

APU

23113139

Description

City Plaza, a prestigious 18-story Class A office tower in Orange, CA, presents a unique owner-user opportunity. This exceptional 359,134 square foot building sits on an expansive 11.3-acre lot, offering significant redevelopment potential. Its prime location adjacent to the Outlets at Orange provides unparalleled access to amenities, including over 120 outlet stores, restaurants, and a movie theater. The property benefits from its proximity to major freeways (SR-22, I-5, SR-57, SR-91, SR-55), John Wayne Airport, and Metrolink stations, ensuring convenient commutes. The building boasts a corporate feel with major signage opportunities, expansive views, meticulously landscaped grounds, and an impressive lobby. Recent capital improvements have enhanced common areas, building systems, and tenant spaces, creating a turnkey office environment. Orange County's strong economic fundamentals, projected job growth (approximately 72,000 new jobs in five years), and high rent growth (projected over 13.4% in five years) make this a highly desirable investment. The City of Orange has identified City Plaza as a key site for addressing its housing needs, presenting further redevelopment possibilities under its UMU zoning and UMIX land-use designations. This trophy office building offers a generational opportunity to own a landmark property in a thriving market.

Location Insight

City

Orange

County

Orange

State

California

Longitude

-117.894

Latitude

33.7807

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments