3242 S Halladay St

3242 S Halladay St, Santa Ana, CA 92705

Listing Price: $6,500,000.00

Gross SF
Rentable SF

Property Overview

Marcus & Millichap and Stream Realty Partners are pleased to present 3242 S Halladay Street in Santa Ana, California, a recently renovated two-story flex building positioned for an Owner User or Investor. The building is approximately 24,468 square feet and is situated on a hard corner M1 zoned parcel, totaling 0.93-acres. The property has been the headquarters of Unrivaled Brands, Inc. (ORT: UNRV; https:// unrivaledbrands.com/), a west-coast vertically integrated cannabis company. At the close of escrow, the Property is to be Delivered Vacant. Alternatively, an investor will have the ability to immediately reposition the vacancy at market rent and achieve an above market return. Contact Agent regarding existing Certificate of Occupancy.

Originally built in 1971, the property underwent substantial renovation in 2020. The creative build-out features multiple large conference rooms, an extensive full kitchen/break area, and multiple glass executive suites. The property is well parked with 76 stalls or 3.11 per 1,000 SF (covered and exterior spaces).

Located in the dense infill city of Santa Ana, the property falls on the border of the Santa Ana and Irvine/Tustin Legacy Office Submarket has great access to multiple freeways including the 5, 55, & 405 and is minutes away from the John Wayne International Airport. The asset also boasts great demographics with over 248,000 people living within a 3-mile radius, with an average annual household income of over $92,000.

Property Highlights

  • Owner User/Investor Opportunity
    • 1st Floor- 8,468 SF
    • 2nd Floor- 16,000 SF*Buyer to Verify
  • Situated on hard corner 0.93 Acre M1 Zoned Lot
  • 76 Covered & Exterior Parking Spaces (3.11/1,000 SF)
  • Pride of Ownership Asset | Substantial Renovation in 2020
  • Gated and Secured Parking Lot with Access from East and South of Building
  • Close Proximity/Easy Access to 5, 55, and 405 Freeways | 55 Freeway – 266,000 VPD
  • Dense Affluent Demographics: 248,000 People living within 3 Miles of Asset | 5 Mile AHHI- $118,000+