Orange, Commercial for Sale – 203 N Golden Cir Dr, Santa Ana, CA 92705, USA -001-11-30T00:00:00-08:00
Well located, well maintained, 100% leased, single tenant office for sale. This property is conveniently located in central Orange County, where the 5 and 55 meet. Easy freeway access. This is a single tenant leased office building. Annual rental increases a
203 N Golden Cir Dr, Santa Ana, CA 92705, USA
$7,850,000 USD
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Address203 North Golden circle Drive, Santa Ana
Property SubtypeOffice
Price$7,850,000
Property TypeCommercial Sale
Year Built1980
Bedrooms Total0
Living Area40,875 ft2
Listing IDPV17020461
StatusActive
Parcel Number40008204
Special ConditionsStandard
Days on Market82

Detailed Description: Well located, well maintained, 100% leased, single tenant office for sale. This property is conveniently located in central Orange County, where the 5 and 55 meet. Easy freeway access. This is a single tenant leased office building. Annual rental increases are 3% and there are 7 years remaining on the lease, with 2 additional 5 year options to extend. In addition to the rent, tenant pays all utilities. 2 electric vehicle charging stations in garage parking area

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Address Information
Address203 North Golden circle Drive, Santa Ana
Street PrefixNorth
Street SuffixDrive
CitySanta Ana
Location (MLS Area)71 – Tustin
County Or ParishOrange
Postal Code92705
Postal Code Plus44010
CountryUnited States
Financial Information
Price per Square Foot$192.05
Total Monthly Rent$64,582
Special ConditionsStandard
Professional Management Expense$58,188
Supplies Expense$2,693
Other Expense$130,739
Gross Scheduled Income$774,990
Net Operating Income$497,370
Real Estate Tax Expense$86,000
Tax Annual Amount$86,000
Tax Year2017
Full Descriptions
Parcel Number40008204
Detailed DescriptionWell located, well maintained, 100% leased, single tenant office for sale. This property is conveniently located in central Orange County, where the 5 and 55 meet. Easy freeway access. This is a single tenant leased office building. Annual rental increases are 3% and there are 7 years remaining on the lease, with 2 additional 5 year options to extend. In addition to the rent, tenant pays all utilities. 2 electric vehicle charging stations in garage parking area
ExclusionsPersonal property
Water SourcePublic
Construction MaterialsBrick, Glass
Roof DescriptionFlat
Security Features24 Hour Security, Fire Sprinklers
UtilitiesSewer Connected, Water Connected
Heating DescriptionForced Air
Property parameters
Year Built1980
Living Area (Sq.Ft.)40,875 ft2
Lot Size SourceAssessor
Number of Buildings1
Total Building Net Rentable Area40,875
Office ClassB
Office Area (Sq.Ft.)40,875
Stories Total3
Asset ClassOffice
Parking Spaces118
Uncovered Spaces38
Carport Spaces80
Water SourcePublic
Land Usage DescriptionOffice
Property SubtypeOffice
Building StatusExisting
Year Built SourceAssessor
Accounting TypeProForma
Cap Rate (For Cash Payment Only)6.33
Listed withPaul Carrese (RE/MAX Estate Properties)