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- LoopNet Team
100 S State College Blvd
Brea, CA 92821
Brea Place · Office Property For Sale
PROPERTY FACTS
Amenities
- Bus Line
- Conferencing Facility
- Dry Cleaner
- Fitness Center
- Food Service
- Property Manager on Site
- Signage
About 100 S State College Blvd , Brea, CA 92821
* RARE, HIGH-IMAGE BANK BRANCH LEASED TO CREDIT TENANT WITH SIGNIFICANT UPSIDE Leased to Manufacturers Bank, a wholly-owned subsidiary of Japan’s second largest bank, Sumitomo Mitsui Financial Group, with $86.6 billion in assets (Moodys A1). Manufacturers Bank’s lease, currently 50% below market rents, provides immediate cash flow stability while providing tremendous upside through renewal at market rents upon lease expiration in 2025. Offers a building in the unmatchable location of Orange County. The asset is one of six Class-A office buildings which make up Brea Place, the preeminent mixed use campus in Brea, CA, which has consistently outperformed the market. * BEST-IN-CLASS OFFICE CAMPUS WITH PRIME LOCATION IN ORANGE COUNTY Prime location within the highest-image, most prominent mixed use campus in North Orange County market. The recent multi-million-dollar upgrades established Brea Place as a one-of-a-kind work-life campus highlighted by indoor/outdoor space, superior onsite amenities that include an athletic club, an executive lap pool, state-of-the-art collaboration/game rooms and world-class conference/training center, an integrated park, outdoor green work spaces and activities, complementary pop-up classes, dining options and everyday convenient services. * BEST LIVE-WORK-PLAY LOCATION IN NORTH ORANGE COUNTY WITH SURROUNDING WORLD-CLASS AMENITIES In addition to onsite amenities, the Property offers surrounding world-class amenities, anchored by Simon Property’s 1.31 million square foot Brea Mall, a 175+ store regional mall that is the largest for North Orange County. Also nearby are the Brea Marketplace, The Tracks at Brea, Disneyland, Honda Center, Angel Stadium and the Anaheim Regional Transportation Intermodal Center. Brea Mall is one of four A+ malls in the county (Fashion Island, Spectrum, South Coast) and is home to Apple, Tesla, Nordstrom and many other premium retailers. PRICED SIGNIFICANTLY BELOW REPLACEMENT COST OF APPROXIMATELY $500 PSF. NEW DEVELOPMENT WOULD REQUIRE A 168% INCREASE IN IN-PLACE RENT ($1.25 PSF NNN TO $3.35 PSF NNN) TO JUSTIFY NEW BUILDING CONSTRUCTION.
Links
PROPERTY TAXES
Parcel Number | 083-343-36 | Improvements Assessment | $760,631 |
Land Assessment | $138,515 | Total Assessment | $899,146 |
PROPERTY TAXES
Listing ID: 11423581
Date on Market: 2018-01-31
Last Updated:
Address: 100 S State College Blvd, Brea, CA 92821
The Office Property at 100 S State College Blvd, Brea, CA 92821 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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