Leased Medical Office
For Sale
Contact for pricing
16300 Sand Canyon Avenue, Irvine, CA 92618
Medical office tower currently 90% leased, positioned front row to Hoag’s $1B expansion.
Property Size115,791 SF
Days on Market54
Property Features for 16300 Sand Canyon Avenue
General Information
Standard status
Active
Size
115,791 SF
Class
Trophy
Total Parking Spaces
1516
Property subtype
Office
Zoning
5.5 Medical and Science
Occupancy
90%
Investment Type
Net Lease
Building Details
Year Built
1990
Buildings
1
Stories
10
Tenancy
Multi
Listing Agency:
CBRE - Orange County
(949) 725-8425
Listed By:
Bryan Johnson · License #02018612
Source:
Crexi
Added: Jul 8
Changed: Aug 24
Last Checked: Aug 28 at 6:52PM
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 trophy medical office tower is offered for sale with approximately 90% occupancy, providing an income-producing medical property configuration. The building is described as front row to Hoag’s $1B expansion.
According to the seller’s public remarks, the asset presents 57% NOI upside tied to the adjacent Hoag project. The offering is positioned for buyers evaluating a leased medical office tower with existing tenancy in place.
According to the seller’s public remarks, the asset presents 57% NOI upside tied to the adjacent Hoag project. The offering is positioned for buyers evaluating a leased medical office tower with existing tenancy in place.
Key Highlights
- Medical office tower built in 1990
- Currently 90% leased
- Located front row to Hoag’s $1B expansion
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,506
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office tower currently 90% leased, positioned front row to Hoag’s $1B expansion.
Where is this medical office space located?
The property is located at 16300 Sand Canyon Avenue Irvine, CA.
What are key features of this property?
This property features: Medical office tower built in 1990; Currently 90% leased; Located front row to Hoag’s $1B expansion
