Standard Financial Building — Sale in Garden Grove, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Garden Grove, CA 92843
Photos



Investment Figures
- Cap rate
- 1.78%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire 11088 Trask Avenue, a well-maintained ±9,445 square foot office building situated on 0.48 acres in the City of Garden Grove, California. Originally constructed in 1976, the property is currently configured as a multi-tenant office building and offers a highly functional layout suitable for a variety of professional, medical, administrative, educational, and service-oriented business uses. The building's design provides exceptional flexibility for future ownership. While it currently operates as a multi-tenant property, the property can be readily adapted to accommodate a single tenant user seeking a corporate headquarters, regional office, medical practice, or professional services operation. This adaptability significantly broadens the property's appeal to both investors and owner-users. A unique feature of the offering is the presence of four attached garages totaling 740 square feet; an amenity rarely found in office properties throughout Orange County. These garages are not included in the building's reported square footage and provide valuable space for secure storage, fleet vehicles, equipment, inventory, records retention, or other operational needs. In a market where functional office space with ancillary storage is increasingly difficult to find, this feature represents a meaningful competitive advantage and enhances the property's long-term utility. The property is currently 75 percent occupied by multiple tenants on month-to-month leases, creating an increasingly rare opportunity for an owner-user investor. The short-term tenancy structure provides immediate flexibility to occupy all or a portion of the building while retaining rental income from existing occupants during a transition period. Notably, approximately 2,132 square feet of contiguous office space, currently utilized by the ownership, will be delivered vacant at the close of escrow, presenting the incoming buyer with the flexi
Market Context
This office in Garden Grove, CA is listed for sale. It is offered at an approximate 1.8% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Garden Grove, CA — view the full market.
As of Q1 2026, the Orange County office market showed a 19.3% vacancy rate, and rents up 4.7% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- Is the Orange County office market tightening or softening?
- Vacancy is around 19.3%, with asking rents rising year over year (Q1 2026).
Contact
- Alex Mobin · (949) 419-3276 · alex.mobin@marcusmillichap.com
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