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Property profile & analytics
OFF-MARKET Estimated value $7,920,000
Industrial properties

1421 Edinger Ave Tustin, CA 92780-6282

42,656 SF 3.42 ac lot Built 1985
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2740147
Property summary
AI-generated overview

This exceptional investment opportunity presents the Pacific Tustin Commercenter, a fee-simple, Class A, multi-tenant industrial and R&D flex property totaling 68,345 square feet. Located in prime Central Orange County at 1421, 1451, and 1481 Edinger Avenue, Tustin, CA 92780, this stabilized asset boasts a 100% occupancy rate across three buildings, each with two stories. The property features a desirable mix of tenants, including DB Industries, LLC (a 3M subsidiary), Salewa USA, Inc., and BAF Industries, ensuring a strong and diversified income stream. Built in 1985, the complex sits on a 193,842 square foot lot and offers ample parking (4.15 spaces per 1,000 square feet). Individual units range from 5,119 to 9,896 square feet, featuring 24-foot minimum warehouse ceiling heights, 400 Amps of power, and attractive exterior glass lines. The property benefits from a strategic location with excellent access to major freeways (55, 5, 405, 261, and 241), John Wayne Airport, and a strong local economy. The lease type is NNN, providing a predictable and stable cash flow. This property represents a compelling long-term core investment strategy due to its high occupancy, strong tenant roster, and prime location. The asking price is $30,800,000. Zero loading docks are present.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 42,656 SF
Lot 3.42 ac (148,894 SF)
APN 430-263-11
UPID US09-2740147
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
  • Big Ben Electric Electrical Service General Contractor
  • Lisa Pleasant Events Event Planning Wedding Service
  • Yosemite Bum Resoles (Bike/Boat/Book/etc) Store
  • Evolv & Yosemite Bum Resoles Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • 3M Safety Training Center Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.67M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.92M
Owner & transaction history
Guthrie Edinger LLC · 3 yrs held
Guthrie Edinger LLC
since 2022
7 recorded transactions
2022
Price N/A
2022
$9.7M
2022
$2.0M
2018
$8.5M
2018
Price N/A
2009
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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