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12372 Garden Grove, Garden Grove, CA 92843
Priced at Only: $6,999,000
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Address: 12372 Garden Grove, Garden Grove, CA 92843
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  • MLS#: OC26081340 ( Retail )
  • Street Address: 12372 Garden Grove
  • Viewed: 3
  • Price: $6,999,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1956
  • Bldg sqft: 0
  • Days On Market: 64
  • Additional Information
  • County: ORANGE
  • City: Garden Grove
  • Zipcode: 92843
  • Provided by: HPT Realty
  • Contact: Robert Robert
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover a premier, turn key investment opportunity in the heart of Garden Grove. This 10,514 SF freestanding office/medical professional building is being eased to established, long term tenants and delivers a strong current 4.73% cap rate and 5.72% if fully leased with stable cash flow. Positioned on a 39,260 SF (0.9 AC) parcel, the property has been newly improved and is ideally located along high traffic Garden Grove Blvd., offering excellent street visibility, monument signage, and easy access to I 22 and I 5. Unit D is currently vacant, and unit E is occupied by the owner, combined total approx. 4,519 SF. The building is ideal for OWNER/USER can be available for owner/user at close of escrow. Surrounded by a dense residential population and strong demographics with high disposable incomes, this asset draws consistent demand from the local community. With ample on site parking and a layout tailored for healthcare and professional usessuch as medical, dental, orthodontics, urgent care, or veterinary servicesthis building combines modern appeal with long term investment strength. This is a rare chance to acquire a stabilized, income producing asset in one of Orange Countys most vibrant and growth oriented markets.
Features
Assetclass
  1. Retail
  2. Office
  3. Specialty
Building Area Total
  1. 10514.00
Commoninterest
  1. None
Country
  1. US
Current Financing
  1. Conventional
Current Use
  1. Commercial
Land Use
  1. Retail
  2. Office
  3. Other
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Parcel Number
  1. 10161102
Property Type
  1. Retail
Water Source
  1. Public
Year Built
  1. 1956
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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