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Flex Space with Office Buildout
New
For Sale
$2,350,625

26180 Enterprise Way Unit 100, Lake Forest, CA 92630

Industrial condo features multiple private offices, an open area, lobby, restrooms, and a shower.

Days on Market4

Property Features for 26180 Enterprise Way Unit 100

General Information

Standard status Active
Property subtype Industrial

Building Details

Building Size 3,761 SF
Year Built 2004
Listing Agency: Lee & Associates
Listed By: Ted Rommel · License #CalDRE #00830845
Source: Lee-associates
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 3:46AM

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 industrial condo offers a functional office-oriented buildout within a flex space configuration. The interior includes 2 large offices, 4 private offices, a lobby, and a large open area, providing a mix of enclosed and flexible workspace. The property also includes 3 restrooms and a shower.

Built in 2004, the condominium is located at 26180 Enterprise Way, Unit 100, in Lake Forest, California.

Key Highlights

  • 2 large offices and 4 private offices
  • Large open area with lobby
  • 3 restrooms and a shower

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 $112.4k $29.88
− Vacancy −$13.8k −$3.66
EGI $98.6k $26.22
− OpEx −$24.7k −$6.55
NOI $74.0k $19.66
3,761 SF · lease $29.88/SF/yr · vacancy 12.25% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.06M
$924.5K – $1.23M (±1% cap)
NOI $73,959 @ 7.0% cap · market cap 3.15%
Second Best
Flex RnD
$977.6K
$855.4K – $1.14M (±1% cap)
NOI $68,429 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,427 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

1,450
Businesses Nearby
Well-served
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Angels Touch — 20702 Lake Forest Dr, Lake Forest, CA 92630
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial condo features multiple private offices, an open area, lobby, restrooms, and a shower.
Where is this flex space located?
The property is located at 26180 Enterprise Way Unit 100 Lake Forest, CA.
What is the asking price?
The asking price for this property is $2,350,625.
What are key features of this property?
This property features: 2 large offices and 4 private offices; Large open area with lobby; 3 restrooms and a shower
More about this property
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