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3525 Hyland Ave
Costa Mesa, CA 92626 Costa Mesa

$1,599,500 USD

Loft Creative Space Condo For Sale  •  3,791 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 46,960 SF
  • Lot Size 2.76 AC
  • Building Class B
  • Year Built 1987
  • Cap Rate 4.65 %
  • Tenancy Multiple
  • Zoning M-P
20 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 200 Office 3,791 SF $1,599,500 USD
  • Unit Size: 3,791 SF
  • Condo Use: Office
  • Price: $1,599,500 USD
  • Sale Type: Investment
  • Price/SF: $421.92 USD
Description
Berkshire Hathaway HSCP Commercial Division is pleased to present this 100% Fully Leased Class B, 2 Unit Medical Office Condo comprised of Suite 200 and Suite 205 in the Hyland Plaza building. Located in close proximity to the 405 and 55 freeways and near the SoCal Collective shops and restaurants. 3801 SF of Medical office condo fully built out. Newer building, new tenant improvements done professionally. Executive suites, conference rooms. Full Kitchens, Server Rooms with a high speed internet connection. WALT is 2 years, however an owner user may be able to take control 2500 SF at close.

Sale Notes
Berkshire Hathaway HSCP Commercial Division is pleased to present this 100% Fully Leased Class B, 2 Unit Medical Office Condo comprised of Suite 200 and Suite 205 in the Hyland Plaza building. Located in close proximity to the 405 and 55 freeways and near the SoCal Collective shops and restaurants. 3801 SF of Medical office condo fully built out. Newer building, new tenant improvements done professionally. Executive suites, conference rooms. Full Kitchens, Server Rooms with a high speed internet connection. WALT is 2 years, however an owner user may be able to take control 2500 SF at close.

Description 

Pleased to present this 100% Fully Leased Class B, 2 Unit Medical Office Condo comprised of Suite 200 and Suite 205 in the Hyland Plaza building. Located in close proximity to the 405 and 55 freeways and near the SoCal Collective shops and restaurants. 3801 SF of Medical office condo fully built out. Newer building, new tenant improvements done professionally. Executive suites, conference rooms. Full Kitchens, Server Rooms with a high speed internet connection. WALT is 2 years, however an owner user may be able to take control 2500 SF at close.

Highlights

100% Fully Leased Class B, 2 Unit Medical Office Condo.
3801 SF of Medical office condo fully built out.
WALT is 2 years, however an owner user may be able to take control 2500 SF at close.

Financial Summary

Cap Rate: 4.65 %

Major Tenants

Tenant SF Occupied Lease End Date
Ameriestate Legal Plan
Bergman Consulting
Brandastic
David Hall Rare Coins
Ecm Consultants
Gcap Service Inc
Grace Wealth Management Group
Just In Time Cargo
Knapp & Spurlock LLP
The Supplier Clearinghouse

Amenities

  • Kitchen
  • Storage Space
  • Natural Light
  • Partitioned Offices
  • Reception
  • Recessed Lighting
  • Drop Ceiling
  • Wi-Fi
  • Hardwood Floors
  • Outdoor Seating
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.6 mi
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 9.1 mi
AirportDriveWalkDistance
John Wayne/Orange County 8 min - 4.4 mi
Long Beach (Daugherty Field) 24 min - 18.5 mi
Los Angeles International 47 min - 37.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 171
Type: Surface
Included in Rent: Yes
Mark Simon 949-872-8322 Mark D. Simon Group
Mark Simon 949-872-8322 Mark D. Simon Group