15751 Rockfield Boulevard, Irvine, CA 92618
For Sale
Contact for pricing
Medical Office Space
Property Size13,140 SF
Price / SF$570.70
Days on Market246
Property Features for 15751 Rockfield Boulevard
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
HREA | Healthcare Real Estate Advisors
Listed By:
Anthony Naticchioni · License #CA 01179234
Source:
Crexi
Added: Mar 9
Changed: Nov 7
Last Checked: Nov 8 at 8:09AM
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 HREA | Healthcare Real Estate Advisors
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Investment Insights
Based on property information with market context.
Key Highlights
- Located in Irvine's Spectrum Center, a premier commercial and healthcare corridor.
- Zoned Community Commercial, permitting both medical and general office use.
- Flexible configuration supports single‑tenant or multi‑tenant occupancy.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,231
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,364,620
$4.4M
Cap Rate 7%
$3,117,586
$3.1M
Cap Rate 9%
$2,424,789
$2.4M
Market Conditions
NOI Build-Up for 13,140 SF
Gross rent
$348.5K $26.52/SF
− Vacancy
−$57.5K −$4.38/SF
EGI
$291.0K $22.14/SF
− OpEx
−$72.7K −$5.54/SF
NOI
$218.2K $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%
$4,364,620
Cap Rate 7%
$3,117,586
Cap Rate 9%
$2,424,789
Alternative Uses
Best Use
Office B
$3.12M
$2.73M – $3.64M
NOI $218,231 @ 7.0% cap · market cap 2.91%
Second Best
Healthcare Medical
$2.97M
$2.60M – $3.46M
NOI $207,759 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $302,897 @ 7.0% cap · market cap 4.04%
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
4,470
Businesses Nearby
Well-served
Demand for This Use
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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
$1,153,400
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Orange County, CA
Properties on Market for Medical Office Space in Orange County
Vacancy Rate% for Office in West region
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Frequently Asked Questions
Where is this medical office space located?
The property is located at 15751 Rockfield Boulevard Irvine, CA.
What is the asking price?
The asking price for this property is $7,499,000.
What are key features of this property?
This property features: Located in Irvine's Spectrum Center, a premier commercial and healthcare corridor.; Zoned Community Commercial, permitting both medical and general office use.; Flexible configuration supports single‑tenant or multi‑tenant occupancy.
