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207 W. 20Th Street SANTA ANA, CA 92706 207 W TWO - STORY, FREESTANDING OFFICE BUILDING 207 W. 20th Street SANTA ANA, CA 92706 207 W. 20th Street ▪ Santa Ana, CA 92706 Managing Partner Vice President Investments 949.396.1075 949.396.1028 [email protected] [email protected] CA BRE License No: 01397162 CA BRE License No: 02003482 CONFIDENTIALITY AGREEMENT All materials and information received or derived from Darvishian Group its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Darvishian Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Darvishian Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Darvishian Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Darvishian Group does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Darvishian Group in compliance with all applicable fair housing and equal opportunity laws. 3190 Airport Loop Drive | Suite E2 | Costa Mesa, CA 92626 Executive Summary FREESTANDING OFFICE Summary ADDRESS 207 W. 20th Street CITY Santa Ana, CA 92706 OFFERING PRICE $1,100,000 BUILDING SF +/- 2,908 LOT SF +/- 7,584 YEAR BUILT 1984 PARKING 7 Open Spaces ZONING (P) Professional 4 5 6 On-site private parking is located in the rear of the building, which consists of Seven (7) parking spaces. Located between Main Street and Broadway, the Overview office is adjacent to Bowers Museum, the largest museum in Orange County with 90,000 artifacts and a 300-seat auditorium. To the West of the building is The Darvishian Group is pleased to present an opportunity to North Broadway, home to many professional offices including primarily law purchase 207 W. 20th. The offering is for a two-story professional offices, medical clinics and law related businesses. The subject property is office building located in the Floral Park neighborhood of Santa approximately 1.1 miles from the Superior and Federal Courthouse, allowing Ana. The property is just under 3,000 square feet of space, on two for quick court access for attorneys. separate floors, which can be used entirely by one tenant, or, for two tenants, each with their own floor. This building is an ideal property for a professional to purchase. With owner/user lending at historically low interest rates, this offering is a great opportunity to lock in your occupancy costs for the next 25 years. • Located in the heart of Santa Ana, the most dense city in Orange County with a diverse demographics • Small free standing office building with private parking – (7) spaces • Two story building- can be used as single or multi-tenant • Located adjacent to Bowers Museum and 1-mile from Superior and Federal Courthouse • Turn-key buildout for any professional office or law practice • Opportunity to lease out half the space for additional income • Possible 10% down SBA owner/user financing at exceptionally low interest rate 7 Santa Ana The city of Santa Ana in Orange County is a beautiful city located in Southern California, adjacent to the Santa Ana River and about 10 miles from the coast. It's home to the Santa Ana Civic Center, Ronald Reagan Federal Building and Courthouse, Santa Ana Zoo, Bowers Museum, Discovery Cube Orange County, and The Heritage Museum. The city itself is very densely populated, with the downtown area being the main arts and entertainment hub. There are a lot of restaurants, coffee shops, and parks. The public schools are above average. Several historic homes dating from the late 1800's can be found as well, and their preservation is a key issue as development of the downtown area continues. 8 Facing South 9 Top Employers 1 County of Orange 15,390 2 Ingram Micro 4,000 3 Rancho Santiago Community College 2,300 Economic 4 United States Postal Service 2,000 5 Tenet Healthcare 1,500 6 Freedom Communications 900 Now fully developed, Santa Ana has several distinct districts. The core 7 First American 900 of the city is the downtown area, which contains both retail and 8 Corinthian Colleges 858 housing, as well as the Santa Ana Civic Center, which is a dense campus of administrative buildings for both the city and the county of 9 CA Department of Mental Health 800 Orange. North of downtown is the "Midtown" district along Main St., 10 United Building Services 800 home to entertainment destinations such as the Bowers Museum, MainPlace Mall, and the Discovery Science Center. Near the intersection of the Santa Ana Freeway and the Costa Mesa Freeway is the newly designated "Metro East" area, which the city council has envisioned as a secondary mixed-use development district. Also on the east side of the city is the Santa Ana Zoo, notable for its collection of monkeys and species from South and Central America. The southeast end of the city is part of the South Coast Metro area, which is shared with the city of Costa Mesa. South Coast Plaza, a major shopping center, is the primary destination of this area, which also contains several high-rise office and apartment buildings. 10 11 • Santa Ana Is 78% Latino. • Located in Orange County, the City has an all Latino City Council • The City stands in the vanguard of a California where Latinos have more Diversified economic influence Santa Ana is the corporate headquarters of several companies, including Behr Economy Paint, Corinthian Colleges, First American Corporation, Greenwood & Hall, Ingram Micro, The Orange County Register, SchoolsFirst Federal Credit Union, STEC, TTM Technologies, Kern's, and Wahoo's Fish Taco. It also houses major regional headquarters for the Xerox corporation, Ultimate Software, and T- Mobile. Nonprofits based in Santa Ana include Open Doors. STRATEGIC LOCATION Conveniently located near Downtown Santa Ana DTSA - a huge hub of growth and development Immediately North of an United States Postal Service location - allowing easy access for companies that use the postal service Corner location - Excellent street frontage and visibility of the building Close proximity to the Orange County superior court - Ronald Reagan federal courthouse. 12 Accessibility Disneyland Resort Demographics 2020 1 Mi. 2 Mi. 3 Mi. Mall LaEspecial Population 68,666 360,322 709,468 Polly’s Polly’s Pies Santiago Santiago Park MainPlace Tito’s Tito’s Round1 Amusement Round1 River View Golf Course &Fitch Abercrombie Northgate Market Discovery Cube Households 14,376 82,306 187,040 The Hacienda Bowers Museum Kidseum Santa Ana Public Library Families 11,741 65,225 141,754 4th Street Market City Hall of Santa Ana Esports Arena Avg. HH Size 4.54 4.26 3.71 Santa Ana Stadium Crave Restaurant Cozy Corner Drive In Mill Bakery Santa Ana Zoo Owner-Occupied 3,280 33,798 85,847 El Carbonero Yost Theater Riverview West Puebla Express Memorial Park Renter-Occupied 11,096 48,507 101,193 Wells Fargo Wendy’s Beauty Salon South Coast Global Medical Santa Buffet & Grill Shinoda Design Center Median Age 27.7 30.5 32.8 Donut Star Bristol Place Cauldron Ice Cream Median HH Trader Joe’s $42,792 $59,072 $68,704 Income Target Avg. HH Income $58,995 $76,700 $90,249 Kaiten Michaels LAFitness Bella Cuba Bella Kaisen Bristol Center Bristol Museum of ArtMuseum Chicken Maison Chicken University of California Irvine 14 Managing Partner Vice President Investments 949.396.1075 949.396.1028 [email protected] [email protected] CA BRE License No: 01397162 CA BRE License No: 02003482 TWO - STORY, FREESTANDING OFFICE BUILDING 207 W. 20th Street SANTA ANA, CA 92706.
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