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175 N Riverview Dr | Anaheim, CA 92808
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175 N Riverview Dr
Anaheim, CA 92808
Easthill Corporate Plaza · Office Property For Sale
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EXECUTIVE SUMMARY
Madison Partners, as exclusive advisor, is pleased to present the exceptional opportunity to acquire the 100% fee-simple interest in 175 N. Riverview Drive (the “Property”), a class A owner/user office property located in Anaheim Hills, California. Totaling 40,066 rentable square feet over two stories, 175 Riverview can be delivered with a flexible leaseback term of up to one year (whole or partial building, as needed, at $2.50/SF/month, NNN), offering buyers attractive cash flow and flexibility upon closing.
The Property was extensively renovated and built out to premium office specifications, and includes a highly-efficient configuration with modern finishes throughout. The Property is located in the prime Anaheim Hills submarket, known throughout the region as a top location for office headquarters and major operational locations due to its adjacency to a large stock of Orange County’s best executive housing neighborhoods. Commercial space in this area is consistently in high demand, given the area’s strategic North County location, as well as the high barriers to entry for new construction, strong market fundamentals, burgeoning residential density, and outstanding surrounding demographics. Bolstered by its proximity to some of the most affluent residential and commercial communities in Orange County and Southeastern Los Angeles County, Anaheim Hills has historically been one of the most stable and high-performing submarkets throughout the region.
The Property was extensively renovated and built out to premium office specifications, and includes a highly-efficient configuration with modern finishes throughout. The Property is located in the prime Anaheim Hills submarket, known throughout the region as a top location for office headquarters and major operational locations due to its adjacency to a large stock of Orange County’s best executive housing neighborhoods. Commercial space in this area is consistently in high demand, given the area’s strategic North County location, as well as the high barriers to entry for new construction, strong market fundamentals, burgeoning residential density, and outstanding surrounding demographics. Bolstered by its proximity to some of the most affluent residential and commercial communities in Orange County and Southeastern Los Angeles County, Anaheim Hills has historically been one of the most stable and high-performing submarkets throughout the region.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
40,066 SF
Building Class
B
Year Built
1988
Price
$11,800,000
Price Per SF
$295
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,033 SF
Building FAR
0.42
Lot Size
2.18 AC
Zoning
C-G - General Commercial
Parking
127 Spaces (3.17 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
- Kitchen
- Reception
- Central Heating
- Natural Light
- Air Conditioning
PROPERTY TAXES
Parcel Number | 354-071-10 | Improvements Assessment | $2,653,020 |
Land Assessment | $4,350,952 | Total Assessment | $7,003,972 |
PROPERTY TAXES
Parcel Number
354-071-10
Land Assessment
$4,350,952
Improvements Assessment
$2,653,020
Total Assessment
$7,003,972
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