Documents
Attributes
Year Built | 1981 |
Building Area |
|
Occupancy | 87.0 % |
Asset Description
JLL is pleased to present Midtown Plaza (the “Property”), a five-story, 87% leased office investment opportunity totaling 62,268 rentable square feet. The Property has unprecedented corporate visibility as it sits adjacent to the Santa Ana (I-5) Freeway, providing exposure to 355,000 cars daily, and is located within the Metro East Mixed Use (MEMU) Overlay District creating an ideal environment for future development and investment.
Investment Highlights
- Rare Value-Add Opportunity With Strong Going-In Yield And Upside
- High Image, Institutional Quality, Class A Multi-Tenant Office Building With Demonstrated Strong Tenant Appeal
- Relatively Low Comparative Cost Basis
- Part Of Santa Ana’s Memu Development Initiative
- Proximity To Multifamily And Retail Opportunity Zone Development
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