Premier Flex Warehouse and
59 Peters Canyon Road Irvine, CA 92606
For Sale
$3,390,000
Turn-key flex building with a high-image office buildout and temperature-controlled, fully sprinklered warehouse space.
Property Size5,662 SF
Price / SF$598.73
Days on Market13
Property Features for 59 Peters Canyon Road
General Information
- Standard status
- Active
- Size
- 5,662 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2005
Listing Agency:
Economos Dewolf, Inc.
(949) 576-2751
Listed By:
Geoffrey Dewolf · License #01319312
Source:
Xome
Added: Jul 12
Changed: Jul 24
Last Checked: Jul 24 at 6:42AM
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 Economos Dewolf, Inc.
Investment Insights
Based on property information with market context.
This premier flex building includes a functional, high-image office buildout with a kitchen/employee lounge. The property is described as fully sprinklered and features a temperature-controlled warehouse, designed to support day-one operations. Overall condition is characterized as turn-key.
The building is located immediately off the 5 freeway and is presented as having access to major freeways and nearby amenities.
The layout supports a combined office and warehouse use, pairing office improvements with a climate-controlled warehouse environment under a fully sprinklered system.
The building is located immediately off the 5 freeway and is presented as having access to major freeways and nearby amenities.
The layout supports a combined office and warehouse use, pairing office improvements with a climate-controlled warehouse environment under a fully sprinklered system.
Key Highlights
- 5,662 SF flex building built in 2005
- Temperature‑controlled, fully sprinklered warehouse space
- High‑image office buildout with kitchen/employee lounge
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 | $160.3k | $28.32 |
| − Vacancy | −$14.4k | −$2.55 |
| EGI | $145.9k | $25.77 |
| − OpEx | −$36.5k | −$6.44 |
| NOI | $109.4k | $19.33 |
5,662 SF · lease $28.32/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.82M
NOI $109,437 @ 7.0% cap · market cap 3.23%
Second Best
Warehouse
$1.25M
$1.09M – $1.45M
NOI $87,235 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,157 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
TriPacific Capital Advisors
Business Management Consultant
Dataform Inc
Computer & Electronic Repair
FAQs
What type of property is this?
Flex space - Turn-key flex building with a high-image office buildout and temperature-controlled, fully sprinklered warehouse space.
Where is this flex space located?
The property is located at 59 Peters Canyon Road Irvine, CA.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: 5,662 SF flex building built in 2005; Temperature‑controlled, fully sprinklered warehouse space; High‑image office buildout with kitchen/employee lounge
