JLL, as exclusive advisor, is pleased to present the fee simple interest in Midtown Plaza, a five-story, 87% leased office investment opportunity totaling 62,268 rentable square feet. The property has unprecedented corporate visibility as it sits adjacent to the Santa Ana (I-5) Freeway, providing exposure to 355,000 cars daily, and is located within the Metro East Mixed Use (MEMU) Overlay District creating an ideal environment for existing investments and underway/future development.
· Rare value-add opportunity with strong going-in yield and upside
· High image, institutional quality, class a multi-tenant office building with demonstrated strong tenant appeal
· Relatively low comparative cost basis
· Part of Santa Ana’s MEMU development initiative
· Proximity to multifamily and retail opportunity zone development