8560 Roland St, Buena Park, CA 90621

Conveniently located in the city of Buena Park, CA near the major intersection of the I-5 and 91 freeways on the border of Orange and Los Angeles County, the subject property provides owners or occupants the ability to conveniently live in and serve customers in either county. The corner lot location on Roland Street provides occupants good visibility and multiple points of ingress/egress onto to the site. Buena Park's industrial area is comprised of approximately 13 Million SqFt, and that is also part of the larger 'Mid-Counties' industrial market comprising approximately 130 Million SqFt. Currently vacancy for the area hovers between 2% - 3%. With the vast majority of future new industrial construction planned for larger properties, this small multi-tenant property will continue to be a great alternative for smaller businesses looking to grow in the thriving region. The city of Buena Park is home to many attractions; convenient retail, shops, dining; and surrounding residential neighborhoods. The city of Buena Park is a rich and diverse community. "The strong local economy includes the Entertainment Corridor, which contains a variety of well-known attractions, including Knott’s Berry Farm, Pirate's Dinner Adventure, Medieval Times Dinner and Tournament, several hotels, and secured development plans for several more exciting entertainment and lodging venues. In addition, the City has a thriving Auto Center and approximately 100 manufacturing and warehousing companies. Some of the larger employers in the City include Nutrilite, Georgia Pacific, Leach International, and Yamaha Music." - City Website Lee & Associates is pleased to present the following opportunity for an owner-user or investor to acquire this highly sought after and hard to find mult-tenant industrial building located in Orange County, California. A buyer could occupy all or a portion of the building at closing, or elect to rent out the entire building as an investment property. As an investment, the seller currently occupies approximately 50% of the building over 2 units, and the other two tenants are on terminable leases. Therefore, the Buyer could negotiate new lease extensions with the two (2) existing tenants or find replacement tenants, and also lease up the units the seller vacates. The neighborhood has other smaller multi tenant projects that will create activity, and the demographics of the area in general provide a steady customer base and demand by small business owners looking for industrial units of this size range. Our pro-forma projects for lease-up are available. As an owner occupant purchase, the property provides the flexibility of occupying all or a portion shortly after closing escrow. A buyer looking to purchase a smaller property with future plans to expand into the space could also take advantage of this offering as the multi tenant component allows for rental income prior to the expansion. The property is ideally set up for a manufacturing or distributor of smaller goods and inventory as it is equipped with heavy electrical power and eight (8) roll up doors. Furthermore, the sites central location would allow an owner to live in any one of a number of Orange or Los Angeles counties wonderful cities and still find the distance to the property relatively convenient.