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Flex Space Condominium Units
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20902-21098 Bake Parkway, Lake Forest, CA 92630

Business park units support office, R&D, industrial, and medical operations.

Property Size228,183 SF
Days on Market10

Property Features for 20902-21098 Bake Parkway

General Information

Standard status Active
Size 228,183 SF
Property subtype Retail, Office, Industrial

Additional Details

Road Access Yes
Clear Height 16 ft

Amenities

grade level loading
14'-16' clear heights
major street frontage

Building Details

Building Size 228,183 SF
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Joe Winkelmann · License #CA 01259378
Source: Crexi
Added: Sep 11 Changed: Sep 16 Last Checked: Sep 19 at 8:45AM

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 Colliers - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

Spectrum Centre Business Park comprises 80 condominium units with a combined 228,183 SF. Individual spaces range from 1,698 to 12,455 sq.ft., providing smaller-format ownership options within a larger commercial project. The units are configured for multiple business applications, including general office, research and development, industrial, flex, and medical operations.

Property features include grade-level loading, 14'-16' clear heights, on-site auto parking, and frontage along major streets. The business park is located at 20902-21098 Bake Parkway in Lake Forest, California, within Southern California.

Key Highlights

  • 80 condominium units totaling 228,183 SF
  • Individual unit sizes from 1,698‑12,455 sq.ft.
  • 14'-16' clear heights

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Spa & Massage Center Restaurant Dental Office Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,013
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92630, CA

66,359
Population
24,390
Households
2.7
Avg Household Size
40
Median Age
47%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
6,320
Density / Sq Mi
$119,984
Median Household Income
$57,277
Median Earnings
$2,614
Median Rent
$858,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Rooted Culinaire 23 Musick, Irvine, CA 92618
  • Natraj Catering 23 Musick, Irvine, CA 92618

Frequently Asked Questions

What type of property is this?
Flex space - Business park units support office, R&D, industrial, and medical operations.
Where is this flex space located?
The property is located at 20902-21098 Bake Parkway Lake Forest, CA.
What are key features of this property?
This property features: 80 condominium units totaling 228,183 SF; Individual unit sizes from 1,698‑12,455 sq.ft.; 14'-16' clear heights
More about this property
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