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. First time on the market in 38 years.
OWNER USER OPPORTUNITY
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.
Location Highlights
A short five minute drive to the 5 Freeway and the 90 Freeway. The property is situated on W Lambert Rd in Brea, CA, a highly desirable area for commercial real estate.
Established Business Hub: Brea is known for its thriving business community, with major corporations and small businesses alike choosing to establish their headquarters or branch offices in the city. Notable companies in the area include Beckman Coulter, Mercury Insurance Group, and Aera Energy.
Proximity to Retail and Dining: The property benefits from its close proximity to popular retail centers and dining establishments. The Brea Mall, a premier shopping destination featuring a wide range of stores and restaurants, is just a short drive away. Additionally, the Brea Downtown area offers a vibrant mix of boutique shops, eateries, and entertainment options.
Accessible Transportation: The location provides convenient access to major transportation routes, including the nearby State Route 57 and Interstate 5, making it easily accessible for employees, clients, and customers.
Growing Residential Community: Brea is also known for its attractive residential neighborhoods, which can provide a steady customer base for businesses in the area. The city has a strong sense of community and offers a high quality of life, making it an appealing place for residents to live and work.
Located in Brea, CA, the property benefits from its proximity to major transportation routes, including the 57 and 91 freeways, providing easy access to surrounding cities such as Anaheim, Fullerton, and Orange.
The property is situated in a bustling commercial area, surrounded by a variety of retail and dining options. Nearby shopping centers, such as the Brea Mall and Brea Gateway Center, offer a diverse range of stores, including popular brands like Macy's, Nordstrom, and Target.
