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Freeway Visible Shopping Center Space
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16163 Lake Forest Dr., Irvine, CA 92618

Premier shopping center with freeway visibility and strong co-tenants.

Space SizeContact for details
Days on Market290

Property Features for 16163 Lake Forest Dr.

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Orange County
Listed By: Walter Pagel · License #1244522
Source: Cbre
Added: Nov 22, 2025 Changed: Sep 7 Last Checked: Sep 8 at 5:18AM

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 CBRE - Orange County

Investment Insights

Based on property information with market context.

This commercial property, located in Irvine, CA, offers excellent freeway visibility from I-5 at Lake Forest Drive, which sees approximately 355,000 cars per day. The property is positioned as a premier highway commercial shopping center with unobstructed visibility and immediate access from the Lake Forest Drive off-ramp. It provides arterial access to growing communities in South Orange County and is located in the "Heart of the Marketplace". The property is a shopping center with strong co-tenants, including Restoration Hardware, Best Buy, LA Carpet, Orange County Mattress, Kohler, Arizona Leather, Dunn Edwards Paint, Del Taco, McDonald's, Chevron, Pick Up Stix, and Subway.

Key Highlights

  • Excellent freeway visibility from I‑5 (355,000 CPD).
  • Premier highway commercial shopping center.
  • Immediate access from Lake Forest Drive off‑ramp.

Property Analytics

Current Use

Subway Take-out & Catering Arizona Leather Interiors Furniture & Home Goods OC Mattress Furniture & Home Goods LA Carpet Kitchen ... Carpet & Flooring Store KOHLER Signature Store ... Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Bar & Pub Pet Store (Bike/Boat/Book/etc) Store Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,430
Businesses Nearby
212k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 32% Electronics 10% Hotels & Casinos 5%
The Hat Dining
24,652 visits/mo 0.4 miles
Best Buy Electronics
20,580 visits/mo 0.1 miles
Shell Shops & Services
20,215 visits/mo 0.5 miles
McDonald's Dining
17,882 visits/mo 0.1 miles
Shell Shops & Services
14,435 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Moulton Plaza 23601 Moulton Pkwy, Laguna Hills, CA 92653
  • Lakehills Plaza 24401 Ridge Rte Dr, Laguna Woods, CA 92653
  • Rockfield Place 23762-23822 Mercury Rd, Lake Forest, CA 92630
  • Spectrum Crossroads 16163 Lake Forest Dr, Irvine, CA 92618
  • Lake Forest Gateway Shopping Center 23600 Rockfield Blvd, Lake Forest, CA 92630

Frequently Asked Questions

What type of property is this?
Shopping center - Premier shopping center with freeway visibility and strong co-tenants.
Where is this shopping center located?
The property is located at 16163 Lake Forest Dr. Irvine, CA.
What are key features of this property?
This property features: Excellent freeway visibility from I‑5 (355,000 CPD).; Premier highway commercial shopping center.; Immediate access from Lake Forest Drive off‑ramp.
More about this property
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