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Multi-Tenant Flex Warehouse
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117 Waterworks Way, Irvine, CA 92618

Flex warehouse space in a multi-tenant building with 7 dock-high and 1 ground-level door plus ESFR sprinklers.

Space Size63,947 SF
Days on Market282

Property Features for 117 Waterworks Way

General Information

Standard status Active
Size 63,947 SF
Property subtype INDUSTRIAL
Lease Type NNN

Warehouse & Industrial

Dock-High Doors 7
Drive-In Doors 1
Sprinkler System Yes

Building Details

Tenancy Multi

Spaces For Lease

at 117 Waterworks Way Contact us

117 Waterworks Way $1.90/SF/Mo

Size
63,947 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
Laguna Canyon Multi-Tenant Building 22,000 SF Office 7 DH Doors, 1 GL Doors 1.9:1,000...
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Listing Agency: Irvine Company
Listed By: Sue Lyle
Source: Moodyscre
Added: Dec 12, 2025 Changed: Sep 6 Last Checked: Sep 19 at 1:01PM

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 Irvine Company

Investment Insights

Based on property information with market context.

This multi-tenant flex warehouse building includes office space and features 7 dock-high doors and 1 ground-level door. The property is equipped with ESFR sprinkler protection. On-site parking is noted at a 1.9:1,000 parking ratio.

Located at 117 Waterworks Way in the Irvine Spectrum area, the asset is positioned within an established commercial setting.

The available configuration supports both office and warehouse use, with loading provided by multiple door types for flexible tenant operations.

Key Highlights

  • Multi‑tenant building offering 22,000 SF office/flex space
  • Loading includes 7 dock‑high doors and 1 ground‑level door
  • ESFR sprinkler system

Property Analytics

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Current Use

Supernal Corporate Office Honolua Surf Co. Corporate Office Burleigh Point Industrial Manufacturer

Suggested Use

Top Pick Grocery & Convenience Store Furniture & Home Goods Nail Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Dock-high doors
1
Drive-in doors
Multi-tenant
Tenancy
Yes
Sprinkler system
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,468
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex warehouse space in a multi-tenant building with 7 dock-high and 1 ground-level door plus ESFR sprinklers.
Where is this flex space located?
The property is located at 117 Waterworks Way Irvine, CA.
What are key features of this property?
This property features: Multi‑tenant building offering 22,000 SF office/flex space; Loading includes 7 dock‑high doors and 1 ground‑level door; ESFR sprinkler system
(949) 720-2668 Call to check price and availability
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