640 Cypress St Orange, CA 92867-6604

This 84,037-square-foot industrial manufacturing building in Orange, CA, is situated on a 2.74-acre lot and offers a compelling investment opportunity. Priced at $18,000,000, it boasts a 6.16% cap rate and a pro-forma NOI of $1,260,555. Built in 1953, the single-story Class C building features 14-foot ceilings, one loading dock, and four ground-level doors. The property includes approximately 2,000 square feet of office space and 2,000 square feet of showroom area, along with a concrete paved yard. Electrical service is approximately 1,600 amps at 277-480 volts. The building is zoned M-2 (Industrial Manufacturing) and has fire sprinklers. Currently owner-occupied, the property can be delivered vacant at the close of escrow. The building is ideally suited for various manufacturing uses, including sewing and auto body repair. The asking price per square foot is $214.19. The property's assessed parcel number is 386-481-01. This is a single-tenant, NNN lease property.