12311 – 12321 Industry St, Garden Grove, CA, 92841
Address: 12311 - 12321 Industry St, Garden Grove, CA, 92841 |
Square Footage: 25,000 |
Property Description
6/97: Kilroy Industries purchased this building along with 15 others from Mission Land company in a deal worth $44 million. The offering is a 45,533 SF multi-tenant industrial park situated in two buildings on 2.4 acres of land. The property is truly unique in its value-add potential; the 100% leased investment offers immediate cash flow with below market rents that can be substantially increased. In addition, the size and configuration of the units creates a good potential fit to convert leased units into condominiums and be sold off individually to achieve a premium return in the future.Prime West Orange County Location – Excellent freeway access to the 405, 22, and 605 freeways makes the property easily accessible for employees and to major transportation/shipment hubs. The property is approximately 20 miles from the Port of Long Beach and Los Angeles. It is also 12 miles from Long Beach Airport and 15 miles from John Wayne Airport.
12241 – 12271 Industry St, Garden Grove, CA 92841-2815
Building Details
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Property Type:
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Industrial
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Subtype
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Warehouse
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Tenancy
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Building Type
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Industrial
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Year Bulit
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1979
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Building Height
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1
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Building Size
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25,000 SF
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