Free-standing multi-tenant commercial building
Fully leased, NNN investment with 5 year initial term through 2021. 5.87% Cap Rate with tenant paying all operating expenses including property tax, association dues, electricity, etc.
High end finished office space for sale that can be available immediately. This office condo has 3 large executive offices along with 12 private offices, a cubicle farm, 5 restrooms, spacious kitchen, large conference room, and this building has elevator access. Property has furniture, fixtures, and telecommunications that can be included. Property has a park like setting with free parking.
100% Improved space, high ceilings, one room is 3,200 sq. ft., assembly use; two large restrooms, two small restrooms with showers. Commercial quality kitchen, large round skylights. Five offices, (three with windows), second level storage above two offices.
7 Private offices, restroom and reception area. Available now. Call to show.
Price Upon Req.39,149 SF
Lee & Associates, Inc. - Irvine is pleased to present the opportunity to acquire a 100% leased investment consisting of two (2) buildings totaling 39,149 square feet that are used for the Tesla Model S service center. The buildings are located in the heart of Orange Countys Airport Area with easy access to the 405, 55 and 73 Freeways. Sale price TBD/Best Offer. In-Place NOI: $866,979. NOI Starting 9/15/2019: $953,674. Lease Type: NNN. Lease Expiration: 9/13/2024. Current Percentage Leased: 100%. Number of Tenants: One (1) Tenant. High Quality, Publicly Traded Tenant: Tesla Motors, Inc. (TSLA) designs, develops, manufactures and sells high performance fully electric vehicles, advanced powertrain components, and Tesla energy products. Tesla went public in 2010, had sales in 2014 of $3.1B, and has a market capitalization in September 2015 of $33B. Long Term Lease: This property offers a stabilized, long-term, net leased investment opportunity offering a predictable cash flow. The two (2) buildings are 100% leased for a 10 year term with 10% rental increases every 5 years and four (4) five (5) year options to extend with 10% increase for each period. 100% Renovated in 2013/
Freestanding multi-tenant office buildingFull second floor available nowNo set building hours (separately metered)Great window lineFree surface parking near suiteFlexible layouts and sizes for owner to occupy or lease outWalk to retail and restaurants (The Camp and The Lab)Prime Airport Area locationImmediate access to the 55, 405 and 73 Freeways
Newer office build out, Turn key opportunity, 3 private offices, reception,kitchen, and small open area. Available now. Call to show.