Canyon Business Park, a fully leased industrial property located at 4155 E La Palma, Suite 100 in Anaheim, has been placed on the market for $14.25 million, or approximately $400 per square foot. The property spans 35,665 square feet on a 3.38-acre parcel. CBRE, which is marketing the property on behalf of an entity affiliated with CapRock Partners, announced that the site is 100 percent occupied under a triple-net (NNN) lease.
The industrial condo features a combination of 13,439 square feet of newly constructed office space and 22,226 square feet of warehouse with a minimum 26-foot clear height. It is equipped with three truck well positions, one ground-level door, fire sprinklers and 2,000 amps of total power capacity.
The property’s tenant, Performance Contracting, Inc., is a nationwide leader in specialty contractor services, operating more than 40 offices across the country. According to the marketing flyer, the lease agreement extends until November 2032, offering investors long-term income stability. The property’s net operating income (NOI) supports a 5.71 percent capitalization rate, aligning with the region’s industrial investment benchmarks.
Canyon Business Park is located within the Anaheim Technology Corridor, a hub for industrial, technology and manufacturing companies. Based on the flyer, it provides immediate access to transportation arteries, including Highway 91, Highway 55 and Interstate 5, granting connectivity across Orange County, the Inland Empire and Los Angeles. More than 138,000 people live within a three-mile radius, and nearly 379,000 within a five-mile radius. The average household income in these areas is almost $160,000 and $155,000, respectively.
CBRE’s Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Nick Williams are handling the listing.
Anaheim, the largest industrial submarket in Orange County, features a total industrial inventory of 47.1 million square feet. According to CBRE’s Investor Survey, Orange County remains a top-tier investment market in the Americas due to its strong economic fundamentals and employment opportunities. Industrial demand is high, with the county’s fourth-quarter 2024 vacancy rate at 3.1 percent.
Anaheim continues to attract major institutional and corporate investors. As The Registry reported, The Walt Disney Co. acquired a 406,787-square-foot industrial property in Anaheim for $124 million, reflecting the region’s growing demand for logistics and distribution facilities. Similarly, NAI Capital Commercial facilitated the $6.84 million sale of a 26,620-square-foot industrial building in December 2024. These transactions highlight the resilience of the market and the increasing interest from large-scale investors seeking industrial assets in strategic Southern California locations.
