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13.7% Cap is the stabilized mark to market cap rate. The exceptional opportunity to acquire 1 MacArthur (the Property), a value-add, Class A, trophy asset with excellent SR-55 Freeway visibility located in the heart of Orange County’s South Coast Metro submarket. Totaling 208,257 square feet, the Property is 62% leased to a diversified roster of tenants, offering exceptional visibility with arguably one of the best signage opportunities in the Greater Airport Area, along with walkable amenities. The combination of limited near-term capital expenditures, drastic discount to replacement cost and dynamic location, make this an outstanding acquisition opportunity at one of the lowest basis in the market.
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