Overview

Highlights

• Free Standing Industrial Building
• Multi Tenant Possible | Divisible up to Four (4) Units
• Ample Power | 800 Amps, 220/480 Volt, 3-Phase (verify)
• Occupy all or a Portion of the Property at Closing
• Owner-User or Investor Offering
• Partially Leased | Terminable Leases
• Shared Concrete Yard
• Eight (8) Ground Level Doors
• Corner Location
• Parking in Front or Rear

Description

Lee & Associates is pleased to present the following opportunity for an owner-user to acquire this highly sought after and hard to find multi-tenant industrial building located in Orange County, California. A buyer could occupy all or a portion of the building at closing.

If the buyer were to remove a small portion of the office, as highlighted on the following page, they could create a very usable

contiguous 8,500+/- SqFt warehouse and office configuration. Please see the floor plan for details.

As an owner occupant purchase, the property provides the flexibility of occupying all or a portion shortly after closing escrow. A buyer looking to purchase a smaller property with future plans to expand into the space could also take advantage of this offering as the multi tenant component allows for rental income prior to the expansion. The property is ideally set up for a manufacturing or distributor of smaller goods and inventory as it is equipped with heavy electrical power and eight (8) roll up doors. Furthermore, the

sites central location would allow an owner to live in any one of a number of Orange or Los Angeles counties wonderful cities and still find the distance to the property relatively convenient.

Location

Conveniently located in the city of Buena Park, CA near the major intersection of the I-5 and 91 freeways on the border of Orange and Los Angeles County, the subject property provides owners or occupants the ability to conveniently live in and serve customers in either county. The corner lot location on Roland Street provides occupants good visibility and multiple points of ingress/egress onto to the site. Buena Park's industrial area is comprised of approximately 13 Million SqFt, and that is also part of the larger 'Mid-Counties' industrial market comprising approximately 130 Million SqFt. Currently vacancy for the area hovers between 2% - 3%. With the vast majority of future new industrial construction planned for larger properties, this small multi-tenant property will continue to be a great alternative for smaller businesses looking to grow in the thriving region.

The city of Buena Park is home to many attractions; convenient retail, shops, dining; and surrounding residential neighborhoods. The city of Buena Park is a rich and diverse community. "The strong local economy includes the Entertainment Corridor, which contains a variety of well-known attractions, including Knott’s Berry Farm, Pirate's Dinner Adventure, Medieval Times Dinner and Tournament, several hotels, and secured development plans for several more exciting entertainment and lodging venues. In addition, the City has a thriving Auto Center and approximately 100 manufacturing and warehousing companies. Some of the larger employers in the City include Nutrilite, Georgia Pacific, Leach International, and Yamaha Music." - City Website

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