Flex Industrial Building with
11 Vanderbilt, Irvine, CA 92618
For Sale
Contact for pricing
Includes a two-story office component and dock-high loading access.
Property Size24,599 SF
Price / SF$325.01
Days on Market341
Property Features for 11 Vanderbilt
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Clear Height
Office Build-Out
Dock-High Doors
Building Details
Stories
Listing Agency:
Voit Real Estate Services
(949) 851-5100
Listed By:
Trent Walker · License #00964476
(949) 263-5342
Source:
Moodyscre
Added: Dec 4, 2025
Changed: Oct 25
Last Checked: Nov 8 at 6:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Voit Real Estate Services
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Investment Insights
Based on property information with market context.
This flex industrial building contains 24,599 SF, including 14,000 SF of two-story office space. The property features tenant improvements, a dock-high loading door, ground-level loading capability, and 14' warehouse clear height.
Located at 11 Vanderbilt in Irvine Spectrum, the property offers immediate access to the 5, 405, and 133 Freeways. Its combination of office space, warehouse capacity, and loading functionality supports a range of flex industrial operations.
Located at 11 Vanderbilt in Irvine Spectrum, the property offers immediate access to the 5, 405, and 133 Freeways. Its combination of office space, warehouse capacity, and loading functionality supports a range of flex industrial operations.
Key Highlights
- 24,599 SF flex industrial building
- 14,000 SF of 2‑story office space
- 1 dock‑high loading door; ground‑level loading possible
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$408,544
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,170,880
$8.2M
Cap Rate 7%
$5,836,343
$5.8M
Cap Rate 9%
$4,539,378
$4.5M
Market Conditions
NOI Build-Up for 24,599 SF
Gross rent
$652.4K $26.52/SF
− Vacancy
−$107.6K −$4.38/SF
EGI
$544.7K $22.14/SF
− OpEx
−$136.2K −$5.54/SF
NOI
$408.5K $16.61/SF
Area
ZIP 92618
Vacancy
16.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,170,880
Cap Rate 7%
$5,836,343
Cap Rate 9%
$4,539,378
Alternative Uses
Best Use
Office B
$5.84M
$5.11M – $6.81M
NOI $408,544 @ 7.0% cap · market cap 5.11%
Second Best
Warehouse
$5.52M
$4.83M – $6.44M
NOI $386,190 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$8.10M
$7.09M – $9.45M
NOI $567,044 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
892
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92618, CA
57,488
Population
26,470
Households
2.2
Avg Household Size
35
Median Age
72%
College-Educated
97%
High-School Grad
20.7 sq mi
ZIP Area
2,777
Density / Sq Mi
$135,609
Median Household Income
$85,192
Median Earnings
$3,053
Median Rent
$1,153,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Irvine
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Jason's Catered Events — 15560 Rockfield Blvd # C216, Irvine, CA 92618
- Monique's Catering — 21771 Lake Vista Dr, Lake Forest, CA 92630
- Party In A Box Catering — 19 Hammond #512, Irvine, CA 92618
Frequently Asked Questions
What type of property is this?
Flex space - Includes a two-story office component and dock-high loading access.
Where is this flex space located?
The property is located at 11 Vanderbilt Irvine, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: 24,599 SF flex industrial building; 14,000 SF of 2‑story office space; 1 dock‑high loading door; ground‑level loading possible
