Office Suite with Lab
For Sale
Contact for pricing
70 Discovery, Irvine, CA 92618
Suite features five private offices, two conference rooms, and a lab area convertible back to office space.
Property Size5,846 SF
Price / SF$549
Days on Market256
Property Features for 70 Discovery
General Information
Standard status
Active
Size
5,846 SF
Property subtype
OFFICE
Amenities
conference rooms
server room
storage room
break area
lab area
Listing Agency:
Lee & Associates
(949) 790-3180
Listed By:
Skyler Serrano · License #01790959
(949) 790-3180
Source:
Moodyscre
Added: Nov 17, 2025
Changed: Jul 28
Last Checked: Jul 31 at 8:56AM
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 commercial office suite includes five private offices with floor-to-ceiling glass, along with two conference rooms. The space also provides a server and storage room, an open break area with a sink, and a lab area that can be converted back to office use.
The building can be demised into two suites, offering flexibility for different office configurations.
Layout supports a mix of private workspaces, meeting rooms, and support areas, with the option to reconfigure the lab area depending on tenant needs.
The building can be demised into two suites, offering flexibility for different office configurations.
Layout supports a mix of private workspaces, meeting rooms, and support areas, with the option to reconfigure the lab area depending on tenant needs.
Key Highlights
- Suite includes five private offices with floor‑to‑ceiling glass
- Includes two conference rooms
- Server and storage room for IT and secure storage
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 | $155.0k | $26.52 |
| − Vacancy | −$25.6k | −$4.38 |
| EGI | $129.5k | $22.14 |
| − OpEx | −$32.4k | −$5.54 |
| NOI | $97.1k | $16.61 |
5,846 SF · lease $26.52/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.39M
$1.21M – $1.62M
NOI $97,091 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.68M – $2.25M
NOI $134,759 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,597
Businesses Nearby
Explore this area
Business Placement
Demographics for 92618, CA
57,488
Population
26,470
Households
2.2
Avg Household Size
35
Median Age
72%
College-Educated
97%
High-School Grad
20.7 sq mi
ZIP Area
2,777
Density / Sq Mi
$135,609
Median Household Income
$85,192
Median Earnings
$3,053
Median Rent
$1,153,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Suite features five private offices, two conference rooms, and a lab area convertible back to office space.
Where is this office units located?
The property is located at 70 Discovery Irvine, CA.
What is the asking price?
The asking price for this property is $3,209,454.
What are key features of this property?
This property features: Suite includes five private offices with floor‑to‑ceiling glass; Includes two conference rooms; Server and storage room for IT and secure storage
