Professional Office Building
For Sale
$3,527,853
4340 Von Karman Avenue Suite 110, Newport Beach, CA 92660
Professional office building offering a dedicated suite for businesses seeking a clean, image-conscious workspace.
Property Size5,047 SF
Days on Market98
Property Features for 4340 Von Karman Avenue Suite 110
General Information
Standard status
Active
Size
5,047 SF
Property subtype
Office
Building Details
Building Size
5,047 SF
Year Built
1976
Listing Agency:
Lee & Associates
Listed By:
Jake Fischbeck · License #CalDRE #02090693
(714) 624-4487
Source:
Lee-associates
Added: Jun 29
Changed: Sep 29
Last Checked: Oct 4 at 7:20AM
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 offering is a professional office building presented for sale, with available space identified as Suite 110. The property is described as high image, which suggests an office-oriented presentation appropriate for professional uses.
The address for the suite is 4340 Von Karman Avenue in Newport Beach, California. The listing references a specific suite location within the building, which can be helpful for businesses and brokers evaluating occupancy arrangements.
Suites within office buildings are typically suited for professional tenants that want defined, move-in ready space rather than an open-ended layout. Prospective buyers or occupiers should review the suite’s configuration and building amenities during their due diligence to confirm how the space supports their operational needs.
The address for the suite is 4340 Von Karman Avenue in Newport Beach, California. The listing references a specific suite location within the building, which can be helpful for businesses and brokers evaluating occupancy arrangements.
Suites within office buildings are typically suited for professional tenants that want defined, move-in ready space rather than an open-ended layout. Prospective buyers or occupiers should review the suite’s configuration and building amenities during their due diligence to confirm how the space supports their operational needs.
Key Highlights
- Professional office building built in 1976
- Offers a dedicated suite for businesses
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
$99,248
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
2.81%
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%
$1,984,960
$2.0M
Cap Rate 7%
$1,417,829
$1.4M
Cap Rate 9%
$1,102,756
$1.1M
Market Conditions
NOI Build-Up for 5,047 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
$150.8K $29.88/SF
− Vacancy
−$18.5K −$3.66/SF
EGI
$132.3K $26.22/SF
− OpEx
−$33.1K −$6.55/SF
NOI
$99.2K $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%
$1,984,960
Cap Rate 7%
$1,417,829
Cap Rate 9%
$1,102,756
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,248 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,663 @ 7.0% cap · market cap 3.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,467
Businesses Nearby
Explore this area
Business Placement
Demographics for 92660, CA
36,259
Population
17,144
Households
2.1
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
3,777
Density / Sq Mi
$154,035
Median Household Income
$91,054
Median Earnings
$3,349
Median Rent
$2,000,001
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Professional office building offering a dedicated suite for businesses seeking a clean, image-conscious workspace.
Where is this office building located?
The property is located at 4340 Von Karman Avenue Suite 110 Newport Beach, CA.
What is the asking price?
The asking price for this property is $3,527,853.
What are key features of this property?
This property features: Professional office building built in 1976; Offers a dedicated suite for businesses
