Office Condo For Sale • 2,206 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 2nd Floor - Unit 2 | Medical Office | 2,206 SF | $895,000 USD | |
DescriptionBraun International is pleased to present this 2 unit office/medical condominium. Within walking distance to The Camp and The Lab shopping centers, minutes to John Wayne Airport, and directly adjacent to the 55 and 73 freeway intersection. LAYOUT • Each condominium has it’s own access from the exterior walkway. • There is access inside both condominiums to each other. • Unit 201 has a bathroom with 4 suites and a reception area, Unit 202 has 5 suites without a bathroom. • There are short-term leases in place in both condominiums, which may be extended for 5 years with an additional option ( per the tenants communication). • Opportunity to lease out two condominium with their own exterior entrances, providing income to offset ownership costs. Highlights • Incredible opportunity to own and occupy a turn-key office/medical condo with dual entry, and within walking distance to endless dining, shopping, and transportation. • Restaurants and amenities are extremely close by. • Two adjoining office/medical condominiums comprising located on the second floor of building A. • Built in 1982, in “The Waters at Creekside” with high-end finishes, multiple private offices, dual entry, overlooking the courtyard. • Approx. 2,206 SF - buyer to verify. Sale Notes• Current tenant is Rice Chiropractic lease expires 10-31-2027 • Current lease rate - $4,500 per month plus HOA fees • Effective May 1, 2023, Tenant’s Base Year for Real Estate Taxes shall be 2023/24. Tenant shall pay Landlord any increases on property taxes over and above its established Base Year. • Parking is free. • HOA fees include water, ground maintenance, parking lot, elevators, roof, painting and building structure. ¦ Listing Price $895,000 ¦ The property is sold in as is condition ¦ Seller will not make any repairs ¦ Buyer will execute sellers trust addendum ¦ Buyer to provide proof of funds with offer ¦ Buyer deposit upon acceptance of offer is 3% of purchase price ¦ Property and financial information available at BraunCo.com ¦ Property Sold with existing tenants ¦ Seller is a Manager of the LLC |
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Braun International is pleased to present this 2 unit office/medical condominium. Within walking distance to The Camp and The Lab shopping centers, minutes to John Wayne Airport, and directly adjacent to the 55 and 73 freeway intersection. Highlights • Incredible opportunity to own and occupy a turn-key office/medical condo with dual entry, and within walking distance to endless dining, shopping, and transportation. • Restaurants and amenities are extremely close by. • Two adjoining office/medical condominiums comprising located on the second floor of building A. • Built in 1982, in “The Waters at Creekside” with high-end finishes, multiple private offices, dual entry, overlooking the courtyard. • Approx. 2,206 SF - buyer to verify. • Current tenant is Rice Chiropractic lease expires 10-31-2027 • Current lease rate - $4,500 per month plus HOA fees • Effective May 1, 2023, Tenant’s Base Year for Real Estate Taxes shall be 2023/24. Tenant shall pay Landlord any increases on property taxes over and above its established Base Year. • Parking is free. • HOA fees include water, ground maintenance, parking lot, elevators, roof, painting and building structure. PAGE | 5 INTERNATIONAL REAL ESTATE SINCE 1908 LAYOUT • Each condominium has it’s own access from the exterior walkway. • There is access inside both condominiums to each other. • Unit 201 has a bathroom with 4 suites and a reception area, Unit 202 has 5 suites without a bathroom. • There are short-term leases in place in both condominiums, which may be extended for 5 years with an additional option ( per the tenants communication). • Opportunity to lease out two condominium with their own exterior entrances, providing income to offset ownership costs.
| Two adjoining condominiums sold together, adjoining interior walls, with interior opening |
| tenant until October 2027 |
| Owner - User opportunity |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Aviv Tax Inc | ||
| D'Amore Healthcare | ||
| Document Delivery Systems | ||
| Holistic Nutrition Center Inc | 9/4/2029 | |
| Inner Wisdom Psychotherapy Inc | ||
| R2A Architecture Planning & Interiors | 5/31/2027 | |
| Solar Insure Inc | ||
| Tepia Co |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 6.7 mi |
| Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 13 min | - | 8.0 mi |
| Airport | Drive | Walk | Distance |
| John Wayne/Orange County | 4 min | - | 1.5 mi |
| Long Beach (Daugherty Field) | 28 min | - | 21.3 mi |
| Ontario International | 55 min | - | 42.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 100 |
| Type: | Surface |
| Included in Rent: | Yes |