1400 4th St Santa Ana, CA 92701-5114

This exceptional investment opportunity presents a stabilized, single-tenant executive office building in Santa Ana, CA. The 5,600 square foot, two-story Class C building, constructed in 1980 and renovated three years ago, sits on a 0.338-acre lot (14,723 sq ft) with gated parking. Currently 100% occupied by a credit-rated health services tenant under a NNN lease with a remaining term of approximately 0.1 years (expiring January 1, 2025), the property boasts a strong NOI of $90,219 and a pro-forma NOI of $102,087, translating to a current cap rate of 4.94% and a pro-forma cap rate of 5.59%. The asking price is $1,825,000, representing a price per square foot of $325.89. Conveniently located near the Civic Center, hotels, restaurants, and with immediate access to Interstate I-5, this property offers a compelling combination of strong cash flow, a desirable location, and significant upside potential. The property is zoned commercial and features a single unit. The lease commenced February 1, 2022, and has a total lease term of 2.9 years.