2965 Edinger Ave Tustin, CA 92780-7256

Property Details for 2965 Edinger Ave

Lot size

0.23 lot acres

Property type

Industrial properties

APN

434-331-09

APU

43433109

Description

This exceptional investment opportunity presents a 13,011-square-foot Class A flex industrial building at 2965 Edinger Avenue in Tustin, CA. Situated on a 0.23-acre lot within Jamboree Plaza in the Irvine Business Complex, this two-story building boasts a 24-foot ceiling height and is currently 100% occupied under a single-tenant, 10-year Net Lease (NNN) agreement commencing May 1, 2024, and expiring April 30, 2034. The lease includes a 3.0% annual rent increase, providing predictable income growth. The property features a Planned Community Industrial (PC IND) zoning designation. The building, constructed in 1999, serves as an anchor tenant within Jamboree Plaza, benefiting from the presence of multiple veterinary care businesses. Its prime location offers easy access to Interstate 5 and regional rail service, catering to a large regional population. The current annual income is approximately $476,000. This offering presents a rare chance to acquire a well-located, high-quality asset at a price significantly below estimated replacement cost, with a long-term lease in place to highly specialized tenants. The scarcity of developable land in this area further enhances the investment's value. The property's existing conditional use permits offer unique operational possibilities.

Location Insight

City

Tustin

County

Orange

State

California

Longitude

-117.807

Latitude

33.708

CBSA code

31080

CBSA name

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

Property Tax & Assessments