In-Place Cap Rate
Newmark, as exclusive advisor, is pleased to present the rare opportunity to acquire the leasehold interest in Orangewood Office Center. Located at 1835, 1845, and 1915 West Orangewood Avenue, the property is a three-building, 108,750-square-foot office campus ideally located in Orange, California.
Built in 1982 and renovated in 2013, the property resides on approximately 6.08 acres along Orangewood Avenue, one of the most traveled thoroughfares in the City of Orange, and one city block east of Angel Stadium. Currently, the property is 84% leased to 21, high-quality tenants, providing an investor immediate upside by leasing the remaining vacancy at market.