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Property profile & analytics
FOR LEASE
Showrooms

5 Hutton Centre Dr Santa Ana, CA 92707

263,006 SF 1.79 ac lot Built 1987
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3103309
Property summary
AI-generated overview

Griffin Towers, located at 5 & 6 Hutton Centre Dr in Santa Ana, CA 92707, offers premium Class A executive office space. This landmark twin-tower complex boasts a total of 555,993 rentable square feet, with flexible floor plans ranging from a minimum of 1,756 square feet to a maximum contiguous space of 27,992 square feet. Currently, 142,705 square feet are vacant and available for lease. The property features convenient access to the 55 and 405 freeways, providing easy commutes and excellent visibility. Its prime location in Orange County's South Metro area places it minutes from John Wayne Airport, and offers a dedicated airport lane. The building also provides ample parking with a 4-space-per-1,000-square-foot ratio and elevators for convenient access to all floors. Griffin Towers enjoys a strategic location near various amenities, including numerous restaurants, the University of California, Irvine, prominent retail centers such as South Coast Plaza and Fashion Island, and is within a 30-minute radius of Disneyland, Honda Center, Angel Stadium, and the Anaheim Convention Center. This exceptional property presents a unique opportunity for businesses seeking a prestigious and well-connected office space in Orange County.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Total area 263,006 SF
Lot 1.79 ac (77,934 SF)
APN 411-102-06
UPID US09-3103309
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
  • Sotoodeh & Associates Law Firm
  • Mikulka Yuri Law Firm
  • Knox Laura Law Firm
  • Lerner & Mc Donald Law Offices Law Firm
  • Long Williamson & Delis Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$66.33M
Comparable Approach Comparable
$108.34M
Blend (final) Blend
$80.40M
Owner & transaction history
Kb Bpg Griffin Towers LLC · 3 yrs held
Kb Bpg Griffin Towers LLC
since 2023
Last sale
$82.0M
6 recorded transactions
2023
$82.0M
2014
$71.3M
2014
Price N/A
2010
$89.9M
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $123.4M +59.3%
Retail stores $100.9M +30.3%
Apartment house (5+ units) $98.3M +27.0%
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More about this property
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