3242 S Halladay St
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3242 S Halladay St
24,468 SF Office Building Santa Ana, CA 92705 $6,500,000 ($266/SF)
Investment Highlights
- Owner User/Investor Opportunity
- 76 Covered & Exterior Parking Spaces (3.11/1,000 SF)
- Gated and Secured Parking Lot with Access from East and South of Building
- Situated on hard corner 0.93 Acre M1 Zoned Lot
- Pride of Ownership Asset | Substantial Renovation in 2020
- Close Proximity/Easy Access to 5, 55, and 405 Freeways | 55 Freeway – 266,000 VPD
Executive Summary
Marcus & Millichap and Stream Realty Partners are pleased to present 3242 S Halladay Street in Santa Ana, California, a recently renovated two-story flex building positioned for an Owner User or Investor. The building is approximately 24,468 square feet and is situated on a hard corner M1 zoned parcel, totaling 0.93-acres. The property has been the headquarters of Unrivaled Brands, Inc. (ORT: UNRV; https:// unrivaledbrands.com/), a west-coast vertically integrated cannabis company. At the close of escrow, the Property is to be Delivered Vacant. Alternatively, an investor will have the ability to immediately reposition the vacancy at market rent and achieve an above market return. Contact Agent regarding existing Certificate of Occupancy.
Originally built in 1971, the property underwent substantial renovation in 2020. The creative build-out features multiple large conference rooms, an extensive full kitchen/break area, and multiple glass executive suites. The property is well parked with 76 stalls or 3.11 per 1,000 SF (covered and exterior spaces).
Located in the dense infill city of Santa Ana, the property falls on the border of the Santa Ana and Irvine/Tustin Legacy Office Submarket has great access to multiple freeways including the 5, 55, & 405 and is minutes away from the John Wayne International Airport. The asset also boasts great
Originally built in 1971, the property underwent substantial renovation in 2020. The creative build-out features multiple large conference rooms, an extensive full kitchen/break area, and multiple glass executive suites. The property is well parked with 76 stalls or 3.11 per 1,000 SF (covered and exterior spaces).
Located in the dense infill city of Santa Ana, the property falls on the border of the Santa Ana and Irvine/Tustin Legacy Office Submarket has great access to multiple freeways including the 5, 55, & 405 and is minutes away from the John Wayne International Airport. The asset also boasts great
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
24,468 SF
Building Class
B
Year Built/Renovated
1971/2020
Price
$6,500,000
Price Per SF
$266
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,234 SF
Slab To Slab
11’
Building FAR
0.60
Lot Size
0.93 AC
Zoning
M-1 - Light Industrial
Parking
19 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Conferencing Facility
- Signage
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 100 | 3,000-8,468 SF | Flex | - | 30 Days |
| 2nd Fl - 200 | 5,000-16,000 SF | Flex | - | 30 Days |
1st Fl - 100
| Size |
| 3,000-8,468 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
2nd Fl - 200
| Size |
| 5,000-16,000 SF |
| Space Use |
| Flex |
| Condition |
| - |
| Available |
| 30 Days |
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1st Fl - 100
| Size | 3,000-8,468 SF |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
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2nd Fl - 200
| Size | 5,000-16,000 SF |
| Space Use | Flex |
| Condition | - |
| Available | 30 Days |
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PROPERTY TAXES
| Parcel Number | 411-151-04 | Improvements Assessment | $2,138,581 |
| Land Assessment | $3,104,783 | Total Assessment | $5,243,364 |
PROPERTY TAXES
Parcel Number
411-151-04
Land Assessment
$3,104,783
Improvements Assessment
$2,138,581
Total Assessment
$5,243,364
Contacts
-
Brin
Hamblin
-
Joshua
Yaris
-
Ryan
Rothstein-Serling
-
Martin
Agnew
-
Chad
Dixon
-
Geoff
Foley
-
Peter
Joyce
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3242 S Halladay St
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