Irvine Freestanding Office
For Sale
Contact for pricing
72 Corporate Park, Irvine, CA
Freestanding office building in a prestigious Irvine location.
Property Size33,273 SF
Lot Size1.90 Acres
Price / SF$315.57
Days on Market595
Property Features for 72 Corporate Park
General Information
Standard status
Active
Size
33,273 SF
Lot size
1.90 Acres
Property subtype
OFFICE
Properties For Sale
at 72 Corporate Park
72 Corporate Park
AVAILABLE, Now
Size
33,273 SF
Type
OFFICE
Sublease
No
Rare freestanding, high-quality office building offering maximum control, privacy, and flexibility for an owner/user or investor.
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Listing Agency:
CTH Commercial Real Estate
Listed By:
Travis Haining
(949) 689-6321
Source:
Moodyscre
Added: Feb 27, 2025
Changed: Aug 8
Last Checked: Jul 26 at 10:42AM
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 CTH Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building is situated in a prominent location within a prestigious office environment in Orange County. The property has been occupied since 2002 by TPx (formerly TelePacific Corporation), who have invested significantly in customizing the space. The building has a size of 33273 square feet.
Key Highlights
- Prestigious Orange County office environment
- Free‑standing office building
- Significant capital investment by previous tenant (TPx) for customization
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$643,114
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,862,280
$12.9M
Cap Rate 7%
$9,187,343
$9.2M
Cap Rate 9%
$7,145,711
$7.1M
Market Conditions
NOI Build-Up for 33,273 SF
Gross rent
$942.3K $28.32/SF
− Vacancy
−$84.8K −$2.55/SF
EGI
$857.5K $25.77/SF
− OpEx
−$214.4K −$6.44/SF
NOI
$643.1K $19.33/SF
Area
Irvine, CA
Vacancy
9.00%
Lease Rate
$28.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,862,280
Cap Rate 7%
$9,187,343
Cap Rate 9%
$7,145,711
Alternative Uses
Best Use
Office B
$9.19M
$8.04M – $10.72M
NOI $643,114 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.77M
$10.30M – $13.73M
NOI $823,636 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,648
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building in a prestigious Irvine location.
Where is this office building located?
The property is located at 72 Corporate Park Irvine, CA.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Prestigious Orange County office environment; Free‑standing office building; Significant capital investment by previous tenant (TPx) for customization
