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Property Detail

North Grand Avenue
625 N Grand Avenue is an investment for a company to benefit from a full building identity .
$47,000,000

Description

  • 625 N Grand Avenue is an investment for a company to benefit from a full building identity or redevelopment plan, 625IVE in Santa Ana, CA.
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  • Six-story office building featuring an on-site auditorium, theatre, cafeteria, outdoor patio/balcony, parking structure, and excess land.
  • 625IVE is a transit-oriented urban live/work/play redevelopment project to create a well-needed urban core feeling in the heart of Santa Ana.
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  • Access everything in SoCal, 625 Grand Ave is adjacent to the OC Streetcar light rail and right off a direct four-way interchange of I-5.

Executive Summary

625 N Grand Avenue, the former headquarters of the Orange County Register, is an existing six-story (including basement) 184,086-square-foot office building ideal for a single user. With approximately 31,000-square-foot floor plates, it includes an on-site auditorium, theatre, cafeteria, and a large outdoor patio/balcony on the 4th floor. There is an adjacent 155,000-square-foot, elevator-served parking structure with direct access to the office building. Parking is available at a ratio of 4/1,000 and can be expanded as needed. Multiple building top signage opportunities offer an unbelievable identity visible from the highly traveled Interstate 5 Freeway.

Additionally, 625 N Grand Ave is part of the conceptual plan known as 625IVE, which will be a 20-acre mixed-use transit-oriented redevelopment site. This freeway-adjacent, city-block redevelopment is conceived as a game-changing urban live/work/play project providing the region with a much-demanded true urban core. The potential mixed-use urban campus will include an office, new retail, new residential, hotel, condos & apartments, direct access to light rail across the street, a café, an outdoor auditorium, volleyball & basketball courts, an outdoor deck, and a pedestrian path throughout.

The sale of 625 Grand Avenue includes an attached 155,000-square-foot parking garage and 44,226 square feet of excess land. 625 Grand Avenue is centrally located at the four-way interchange off Interstate 5 Freeway, across the street from the OC Streetcar light rail with direct access to county-wide bike paths and within walking distance of 20 Zagat-rated restaurants in Downtown Santa Ana.

625 N Grand Ave

Listing ID : 00668

SKU: 668

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Price History

DateEventPrice
December 6 2024Listed$47,000,000.00