Freestanding Flex Office
22412 Gilberto Rancho Santa Margarita, CA 92688
For Sale
Contact for pricing
Freestanding building offering 9,000 SF office space with two grade-level loading doors and 24' clear height.
Property Size16,085 SF
Price / SF$399
Days on Market805
Property Features for 22412 Gilberto
General Information
Standard status
Active
Size
16,085 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(949) 790-3102
Listed By:
Chris Vassilian · License #02191531
(949) 790-3102
Source:
Moodyscre
Added: May 16, 2024
Changed: Jul 25
Last Checked: Jul 28 at 4:17PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This freestanding flex-style building includes 9,000 square feet of office space, supported by two grade-level loading doors. The facility also provides 24-foot clear height, making it suitable for flexible operating requirements where both office and functional loading access matter.
The property is located at 22412 Gilberto in Rancho Santa Margarita, California, and totals 16,085 square feet.
The property is located at 22412 Gilberto in Rancho Santa Margarita, California, and totals 16,085 square feet.
Key Highlights
- Freestanding building with 9,000 SF of office space
- 24' clear height
- Two grade‑level loading doors
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $480.6k | $29.88 |
| − Vacancy | −$58.9k | −$3.66 |
| EGI | $421.7k | $26.22 |
| − OpEx | −$105.4k | −$6.55 |
| NOI | $316.3k | $19.66 |
16,085 SF · lease $29.88/SF/yr · vacancy 12.25% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.52M
$3.95M – $5.27M
NOI $316,308 @ 7.0% cap · market cap 4.93%
Second Best
Flex RnD
$4.18M
$3.66M – $4.88M
NOI $292,657 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$5.40M
$4.73M – $6.30M
NOI $378,184 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- HORBOX LLC — 22751 El Prado Building #1, Rancho Santa Margarita, CA 92688
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding building offering 9,000 SF office space with two grade-level loading doors and 24' clear height.
Where is this flex space located?
The property is located at 22412 Gilberto Rancho Santa Margarita, CA.
What is the asking price?
The asking price for this property is $6,417,915.
What are key features of this property?
This property features: Freestanding building with 9,000 SF of office space; 24' clear height; Two grade‑level loading doors