BRIAN CORRIGANSenior Vice President714.935.2343Lic. #[email protected]
Licensed as a Real Estate Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2019 Voit Real Estate Services, Inc. All Rights Reserved. License #01991785.
2400 E. Katella Avenue, Suite 750, Anaheim, CA 92806 714.978.7880 • 714.978.9431 Fax www.VoitCo.com
± 8,069 SQUARE FEET FLEX BUILDING 5100 E. Hunter Avenue, Anaheim, CA 92807
FOR SALE
PROPERTY FEATURES• ±8,069 Sq. Ft. Flex building • ±6,369 Sq. Ft. Offi ce• ±1,700 SF Warehouse• ±21,842 SF Parcel• 400 Amps Power• 1 Ground Level Door• 23 Parking Spaces• New roof & HVAC 2016• Secured Yard• Covered patio• Shower & fi replace• Occupied by Credit Tenant until 5/21• Tenant will consider vacating early
Santa Ana Canyon Rd
Nohl Ranch Rd
Orangethorpe Ave
Fairm ont Blvd
Fairm ont Blvd
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Cal StateUniversity
Fullerton
Cal StateUniversity
Fullerton
55
57 91
91
Kellog
Dr
SITE
BRIAN CORRIGANSenior Vice President714.935.2343Lic. #[email protected]
Licensed as a Real Estate Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2019 Voit Real Estate Services, Inc. All Rights Reserved. License #01991785.
2400 E. Katella Avenue, Suite 750, Anaheim, CA 92806 714.978.7880 • 714.978.9431 Fax www.VoitCo.com
± 8,069 SQUARE FEET FLEX BUILDING 5100 E. Hunter Avenue, Anaheim, CA 92807
FOR SALE
SALE COMPARABLES - 2018ADDRESS SIZE PRICE SOLD DATE COMMENTS1231 N Barsten WayAnaheim ±6,657 SF $274.00 PSF 8/2018 Similar, highly improved
1255 S Lewis StreetAnaheim ±6,763 SF $310.00 PSF 9/2017 Superior, highly improved
1295 S Lewis StreetAnaheim ±7,970 SF $247.00 PSF 8/2018 Similar, highly improved 4% yield
1990 S Santa CruzAnaheim ±8,870 SF $283.00 PSF 2/2018 Similar to inferior
1844 W Business Center Dr.Orange ±7,325 SF $325.00 PSF 1/2019 Similar highly improved
SCENARIO 1 (INVESTOR)Property is presently leased (Suite A) to Amerisource Bergen - NYSE: ABC ($150 BB Revenue) through April 2021. Amerisource Bergen occupies 5,205 SF of the 8,069 SF since 2005. The second fl oor suite is presently vacant.
Amerisource Bergen has one additional two (2) year lease renewal Option. Rent is currently $6,227.57 per month, Industrial Gross.
SCENARIO 2 (OWNER/USER)Buyer may acquire the property and commence occupancy of the second fl oor Suite. Upon expiration of Amerisource Bergen lease in May 2021 or May 2023, occupy the remainder of the premises. Discussions between seller and tenant indicate the possibility Amerisource Bergen will consider vacating the building in the near term. Financial institutions including; Pacifi c Premier Bank, C. I. T and Community Bank may provide attractive fi nancing.
SELLER OBJECTIVES Sell to the best qualifi ed buyer at the highest price in shortest possible time period. Seller will not enter into a protracted escrow period.
MARKET CONDITIONSSubmarket vacancy rate is 1.8% up to 10,000 SF. Presently there are 4-5 competing buildings for sale.
SITE PLAN
AERIAL
Kellogg DrHunter Ave
HUNTER AVE
KE
LLOG
G D
R
BRIAN CORRIGANSenior Vice President714.935.2343Lic. #[email protected]
Licensed as a Real Estate Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2019 Voit Real Estate Services, Inc. All Rights Reserved. License #01991785.
2400 E. Katella Avenue, Suite 750, Anaheim, CA 92806 714.978.7880 • 714.978.9431 Fax www.VoitCo.com
± 8,069 SQUARE FEET FLEX BUILDING 5100 E. Hunter Avenue, Anaheim, CA 92807
FOR SALE
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