Freestanding Flex
New
For Sale
Contact for pricing
17260 Newhope St, Fountain Valley, CA 92708
Two-level office component with dock-high and ground-level loading access.
Property Size29,372 SF
Price / SF$326.84
Days on Market5
Property Features for 17260 Newhope St
General Information
Standard status
Active
Size
29,372 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Office Build-Out
15,429 SF
Dock-High Doors
1
Drive-In Doors
2
Power
1,200 amps
Voltage
277 V
Building Details
Buildings
1
Stories
2
Listing Agency:
Voit Real Estate Services
(714) 978-7880
Listed By:
Peter Castleton
(714) 978-7880
Source:
Moodyscre
Added: Aug 10
Changed: Aug 13
Last Checked: Aug 13 at 6:10AM
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 Voit Real Estate Services
Investment Insights
Based on property information with market context.
This freestanding flex building contains 29,372 SF, including office areas on two levels. The first floor provides approximately 7,035 SF of office space, while the second floor includes approximately 8,394 SF. Loading infrastructure includes one dock-high position and two ground-level doors measuring 12’ x 14’.
Electrical service is listed at approximately 1,200 amps and 277V, subject to verification. The property is located at 17260 Newhope St in Fountain Valley, California.
Electrical service is listed at approximately 1,200 amps and 277V, subject to verification. The property is located at 17260 Newhope St in Fountain Valley, California.
Key Highlights
- 29,372 SF freestanding flex building
- First‑floor office space of ±7035 SF
- Second‑floor office space of ±8,394 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$577,594
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,551,880
$11.6M
Cap Rate 7%
$8,251,343
$8.3M
Cap Rate 9%
$6,417,711
$6.4M
Market Conditions
NOI Build-Up for 29,372 SF
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.
Gross rent
$877.6K $29.88/SF
− Vacancy
−$107.5K −$3.66/SF
EGI
$770.1K $26.22/SF
− OpEx
−$192.5K −$6.55/SF
NOI
$577.6K $19.66/SF
Area
Orange County, CA
Vacancy
12.25%
Lease Rate
$29.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,551,880
Cap Rate 7%
$8,251,343
Cap Rate 9%
$6,417,711
Alternative Uses
Best Use
Office B
$8.25M
$7.22M – $9.63M
NOI $577,594 @ 7.0% cap · market cap 6.02%
Second Best
Flex RnD
$7.63M
$6.68M – $8.91M
NOI $534,406 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$9.87M
$8.63M – $11.51M
NOI $690,583 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,851
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92708, CA
57,192
Population
19,250
Households
3
Avg Household Size
45
Median Age
45%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
6,285
Density / Sq Mi
$111,797
Median Household Income
$51,944
Median Earnings
$2,507
Median Rent
$1,018,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
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- Posh Productions Inc Events — 3500 W Moore Ave b, Santa Ana, CA 92704
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Frequently Asked Questions
What type of property is this?
Flex space - Two-level office component with dock-high and ground-level loading access.
Where is this flex space located?
The property is located at 17260 Newhope St Fountain Valley, CA.
What is the asking price?
The asking price for this property is $9,600,000.
What are key features of this property?
This property features: 29,372 SF freestanding flex building; First‑floor office space of ±7035 SF; Second‑floor office space of ±8,394 SF
