Westminster Executive Offices | 8130 McFadden Ave
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Westminster Executive Offices 8130 McFadden Ave
8,882 SF 44% Leased Office Building Westminster, CA 92683 $4,589,458 CAD ($517 CAD/SF) 5.22% Cap Rate
Investment Highlights
- High traffic area. Perfect for medical, chiropractic, dental, wellness.
- Value-Add Opportunity: Potential for increasing NOI by improving property condition and leasing vacant office suites.
- Proximity to retail, residential, freeway and local access (e.g., Interstate 405, Beach Blvd)
- Some vacant suites provide excellent owner user potential.
Executive Summary
Newport Property Group is pleased to present this prime commercial opportunity! Unlock the potential of this hidden gem located in the heart of Westminster. This well-designed two-story property is a rare opportunity for owner users, including medical groups and office. Large fenced yard, ample parking, and significant upside for the visionary investor. Priced aggressively on a dollar per square foot basis.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,882 SF
Building Class
C
Year Built
1976
Price
$4,589,458 CAD
Price Per SF
$517 CAD
Cap Rate
5.22%
NOI
$239,644 CAD
Percent Leased
44%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,441 SF
Building FAR
0.49
Lot Size
0.42 AC
Zoning
C-1, Westminster - C1 (Local Business) District. The C1 zoning district provides areas for the development of a broad range of retail, service, and entertainment uses.
Parking
25 Spaces (3.3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Balcony
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 107-366-01 | Total Assessment | $4,105,783 CAD (2024) |
| Land Assessment | $2,282,809 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,822,975 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
107-366-01
Land Assessment
$2,282,809 CAD (2024)
Improvements Assessment
$1,822,975 CAD (2024)
Total Assessment
$4,105,783 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Westminster Executive Offices | 8130 McFadden Ave
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