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400 W Lambert Rd

6,860 SF 100% Leased Office Building Brea, CA 92821 $3,500,000 ($510/SF) 4.51% Cap Rate

Office Space California Brea 400 W Lambert Rd, Brea, CA 92821

Investment Highlights

  • First time on the market in over 38 years
  • Rare opportunity to own five contiguous office condos
  • Seller Financing Possible
  • Close and convenient access to 90 and 57 Freeways
  • Currently 100% Occupied

Executive Summary

All tenants are month to month tenancy except for one tenant that has a lease expiring 6/30/2025. An Owner/User buyer may occupancy 4,300 SF soon and occupy the remaining 2,559 SF in 2025. The 4.51% cap rate is proforma, in our opinion, market rent is $2.50/SF per month. The subject property blended rent is currently $1.28/sf/month. This provides the Buyer a 95% potential upside in revenue. Seller financing possible.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,860 SF
Building Class
B
Year Built
1986
Price
$3,500,000
Price Per SF
$510
Cap Rate
4.51%
NOI
$157,850
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,280 SF
Slab To Slab
11’
Building FAR
0.25
Lot Size
0.62 AC
Zoning
M1
Parking
50 Spaces (7.29 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage

Links

1 of 1
Bike Score ®
Very Bikeable (70)
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 936-500-58
  • 936-500-62
  • 936-500-57
  • 936-500-61
  • 936-500-56
  • 936-500-59
  • 936-500-60
  • 936-500-55
 Improvements Assessment $1,700,200
Land Assessment $3,943,836 Total Assessment $5,644,036

PROPERTY TAXES

Parcel Numbers
Multiple
  • 936-500-58
  • 936-500-62
  • 936-500-57
  • 936-500-61
  • 936-500-56
  • 936-500-59
  • 936-500-60
  • 936-500-55
Land Assessment
$3,943,836
Improvements Assessment
$1,700,200
Total Assessment
$5,644,036
(949) 278-6645

Contact

  • Listing ID: 32101230

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 400 W Lambert Rd, Brea, CA 92821

More public record information on 400 W Lambert Rd, Brea, CA 92821

The Office Property at 400 W Lambert Rd, Brea, CA 92821 is currently available for sale. Contact First Team Real Estate for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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400 W Lambert Rd, Brea, CA for sale Building Photo- Image 1 of 7
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400 W Lambert Rd, Brea, CA for sale Building Photo- Image 5 of 7
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400 W Lambert Rd, Brea, CA for sale Building Photo- Image 6 of 7
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400 W Lambert Rd
(949) 278-6645 x

400 W Lambert Rd

John Gessford

(949) 278-6645

(949) 278-6645

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