Three-Building Renovated Office
17744 Sky Park Cir Irvine, CA 92614
17744 Sky Park Cir, Irvine, CA, 92614
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For Sale
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Newly renovated office campus totals 81,551 RSF and is 93% leased across three buildings.
Property Size81,551 SF
Lot Size5.00 Acres
Days on Market101
Property Features for 17744 Sky Park Cir
General Information
- Standard status
- Active
- Size
- 81,551 SF
- Lot size
- 5.00 Acres
- Property subtype
- Office
Listing agency
Newmark
Listed by
Sean Fulp · License #CA 01389064
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 5:36PM Checked: Jul 21 at 5:36PM
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Investment Insights
Based on property information with market context.
Newmark Knight Frank (NKF), as exclusive advisor, presents the fee-simple opportunity to acquire Sky Park, a newly renovated, institutionally maintained office campus comprising three buildings. Originally developed in 1975 by The Irvine Company and extensively renovated in 2019, the campus totals 81,551 rentable square feet and sits on a single parcel of approximately 5.0 acres. Sky Park is currently 93% leased to a mix of regional and local tenants, and reports a five-year average historical occupancy of 90%.
Sky Park is located in the Orange County Greater Airport Area / Irvine Business Complex and is surrounded by a greenbelt perimeter. The property provides immediate access to the San Diego (I-405), Costa Mesa (SR-55) Freeways and the San Joaquin Hills Transportation Corridor (SR-73). Amenities at The Square, offering 16+ shops and restaurants, and The Irvine Concourse, featuring multiple eateries and an Equinox Sports Club, are described as within walking distance.
The offering also notes potential upside, with in-place rents approximately 3% below market levels, supporting a mark-to-market leasing approach as tenants renew.
Sky Park is located in the Orange County Greater Airport Area / Irvine Business Complex and is surrounded by a greenbelt perimeter. The property provides immediate access to the San Diego (I-405), Costa Mesa (SR-55) Freeways and the San Joaquin Hills Transportation Corridor (SR-73). Amenities at The Square, offering 16+ shops and restaurants, and The Irvine Concourse, featuring multiple eateries and an Equinox Sports Club, are described as within walking distance.
The offering also notes potential upside, with in-place rents approximately 3% below market levels, supporting a mark-to-market leasing approach as tenants renew.
Key Highlights
- Newly renovated three‑building office campus totaling 81,551 RSF
- Currently 93% leased to a mix of regional and local tenants
- Fee‑simple interest on a single parcel totaling ±5.0 acres
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Office building - Newly renovated office campus totals 81,551 RSF and is 93% leased across three buildings.
Where is this office building located?
The property is located at 17744 Sky Park Cir Irvine, CA.
What are key features of this property?
This property features: Newly renovated three‑building office campus totaling 81,551 RSF; Currently 93% leased to a mix of regional and local tenants; Fee‑simple interest on a single parcel totaling ±5.0 acres