Freestanding Office Building
16 Journey Bldg B Aliso Viejo, CA
For Sale
Contact for pricing
Freestanding office building in Aliso Viejo, furniture may be available.
Property Size10,000 SF
Lot Size0.49 Acres
Price / SF$345
Days on Market560
Property Features for 16 Journey Bldg B
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.49 Acres
Property subtype
OFFICE
Listing Agency:
CBRE
(949) 725-8653
Listed By:
Cameran Lindee · License #01398131
(949) 725-8653
Source:
Moodyscre
Added: Jan 13, 2025
Changed: Jul 10
Last Checked: Jul 21 at 4:14AM
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
Investment Insights
Based on property information with market context.
This is a freestanding office building with a property size of 10000 square feet. Furniture may be available.
Key Highlights
- Free standing office building
- Furniture may be available
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $298.8k | $29.88 |
| − Vacancy | −$36.6k | −$3.66 |
| EGI | $262.2k | $26.22 |
| − OpEx | −$65.5k | −$6.55 |
| NOI | $196.6k | $19.66 |
10,000 SF · lease $29.88/SF/yr · vacancy 12.25% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,648 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,116 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building in Aliso Viejo, furniture may be available.
Where is this office building located?
The property is located at 16 Journey Bldg B Aliso Viejo, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Free standing office building; Furniture may be available