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3/22/22
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In a recent OC owner/user industrial buy, CA Kitchens Floors & Baths paid $7.5 mil for a 25.3k sf ($296/sf) facility located at 1340 South Claudina St in Anaheim. The buyer plans to occupy the space once the current tenant is fully vacated.
Built in 1961, the one-story freestanding building features 2k sf of office space, a ground level door ramp, two dock high doors, 17-foot clearance height, and 400 amps of power. The property offers convenient access to freeways including Interstate 5 and State Routes 57, 22, and 91, as well as close proximity to the Port of Long Beach.
Chris Migliori, SIOR, with DAUM Commercial Real Estate Services represented the seller, a private real estate investment firm, and procured the buyer in the transaction.
“The property is going to be occupied by a strong family owned and operated tenant that provides over 28 years of general contracting experience. The building will be used for showroom, warehousing and distribution of materials for their remodeling company,” says Migliori. “Further, due to the asset’s freeway-adjacent location and features, including an increasingly in-demand large gated and secured yard, it would be essentially irreplicable in today’s space-constrained market.”
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