1516 Brookhollow Dr
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1516 Brookhollow Dr
13,084 SF 100% Leased Office Building Santa Ana, CA 92705 $6,891,358 CAD ($527 CAD/SF) 5.16% Cap Rate
Investment Highlights
- 100% Leased Investment
- 55 Freeway Visibility
- Zoning Allows for Multiple Uses
Executive Summary
1516 Brookhollow Drive is a 100% leased investment available for sale. The offering of Brookhollow Drive presents an excellent opportunity for an investor to acquire property in a highly sought after submarket in Southern California. With all suites fully leased, the investment ensures a stable rental income stream. Additionally, this offering provides flexibility for investors to collect income or for owner/users to purchase and wait for the Suite D lease to expire in 9/2025, allowing for future occupancy.
The property’s location in Santa Ana further enhances its appeal, as it resides within a vibrant business district that offers convenient access to amenities and transportation. Positioned directly off the Costa Mesa (55) Freeway, 1516 Brookhollow Drive offers excellent visibility and easy accessibility for both potential tenants and customers.
The property’s location in Santa Ana further enhances its appeal, as it resides within a vibrant business district that offers convenient access to amenities and transportation. Positioned directly off the Costa Mesa (55) Freeway, 1516 Brookhollow Drive offers excellent visibility and easy accessibility for both potential tenants and customers.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
13,084 SF
Building Class
B
Year Built
1979
Price
$6,891,358 CAD
Price Per SF
$527 CAD
Cap Rate
5.16%
NOI
$355,895 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,084 SF
Building FAR
0.58
Land Acres
0.52 AC
Zoning
Specific Development 8 - Flexible zoning allows for medical, research, school, church and certain medical office uses
Parking
45 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Day Care
- Pond
- Property Manager on Site
- Restaurant
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PROPERTY TAXES
Parcel Number | 016-221-32 | Improvements Assessment | $1,122,211 CAD |
Land Assessment | $2,042,233 CAD | Total Assessment | $3,164,444 CAD |
PROPERTY TAXES
Parcel Number
016-221-32
Land Assessment
$2,042,233 CAD
Improvements Assessment
$1,122,211 CAD
Total Assessment
$3,164,444 CAD
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1516 Brookhollow Dr
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