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ParkCenter 400 400 N Tustin Ave

125,043 SF 81% Leased 4-Star Office Building Santa Ana, CA 92705 For Sale

Investment Highlights

  • Owner/User Opportunity - Up to +/-28,265 SF of immediate occupancy, plus an additional +/-39,405 SF, totaling +/-67,670 SF by end of 2025.
  • Best of Class Low-rise Office Building - Class A low-rise office building. Ability to convert up to 16,500 SF to medical office space.
  • Strategic Orange County Location - Central Orange County location with close proximity to the 55, 5 and 22 Freeways.
  • Residential Overlay/ Possible Assemblage - Adjacent to Santa Ana's Village Center District residential overlay.

Executive Summary

Lee & Associates (“L&A”), as exclusive advisor, is pleased to present the exciting opportunity to acquire 100% fee simple interest in ParkCenter 400 (the “Property”), a +/-125,043 square foot, multitenant office building situated on 4.90 acres of land, located in Santa Ana, CA. The Property offers investment flexibility for an owner/user to immediately occupy +/-28,265 SF with options to expand as existing tenants expire or an investor a hold and lease plan while seeking residential development entitlements.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
125,043 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1979/1996
Percent Leased
81%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
31,261 SF
Slab To Slab
11’
Building FAR
0.59
Lot Size
4.90 AC
Zoning
OP - Office Professional
Parking
408 Spaces (3.26 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Bus Line
  • Property Manager on Site
  • Security System
  • Signage
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 150
  • 1,213 SF
  • Office
  • Full Build-Out
  • Now

call to show

  • 2nd Fl-Ste 225
  • 1,676 SF
  • Office
  • -
  • Apr 2025

3 private offices, break room, reception, open area.

  • 3rd Fl-Ste 300
  • 4,035 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 325
  • 2,969 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 350
  • 4,150 SF
  • Office
  • Full Build-Out
  • Now

call to show

  • 4th Fl-Ste 400
  • 7,578 SF
  • Office
  • -
  • Now

10 privates can be combined with suite 430 for total of 10,971sf

  • 4th Fl-Ste 430
  • 3,393 SF
  • Office
  • -
  • Now

can be combined with suite 400 for total of 10,971sf

Space Size Space Use Condition Available
1st Fl-Ste 150 1,213 SF Office Full Build-Out Now
2nd Fl-Ste 225 1,676 SF Office - Apr 2025
3rd Fl-Ste 300 4,035 SF Office - Now
3rd Fl-Ste 325 2,969 SF Office - Now
3rd Fl-Ste 350 4,150 SF Office Full Build-Out Now
4th Fl-Ste 400 7,578 SF Office - Now
4th Fl-Ste 430 3,393 SF Office - Now

1st Fl-Ste 150

Size
1,213 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 225

Size
1,676 SF
Space Use
Office
Condition
-
Available
Apr 2025

3rd Fl-Ste 300

Size
4,035 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 325

Size
2,969 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 350

Size
4,150 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

4th Fl-Ste 400

Size
7,578 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste 430

Size
3,393 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 150

Size 1,213 SF
Space Use Office
Condition Full Build-Out
Available Now

call to show

2nd Fl-Ste 225

Size 1,676 SF
Space Use Office
Condition -
Available Apr 2025

3 private offices, break room, reception, open area.

3rd Fl-Ste 350

Size 4,150 SF
Space Use Office
Condition Full Build-Out
Available Now

call to show

4th Fl-Ste 400

Size 7,578 SF
Space Use Office
Condition -
Available Now

10 privates can be combined with suite 430 for total of 10,971sf

4th Fl-Ste 430

Size 3,393 SF
Space Use Office
Condition -
Available Now

can be combined with suite 400 for total of 10,971sf

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 400-043-09
  • 400-043-08
Land Assessment
$6,469,781
Improvements Assessment
$4,778,351
Total Assessment
$11,248,132
  • Listing ID: 32616549

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 400 N Tustin Ave, Santa Ana, CA 92705

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