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    8687 Research Dr Irvine, CA 92618

    Sponsored
    For Lease
    $20 SF/Yr

    Modern Irvine office, fully vacant, 22,091 SF

    Lot size:
    22,091 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A creative office building, located at 8687 Research Drive in Irvine's vibrant Spectrum submarket, presents a unique opportunity for a single tenant or multiple users. The property boasts a total of 22,091 square feet across two stories, with a minimum divisible space of 4,726 square feet and the possibility of leasing the entire building contiguously. Completely renovated in 2023, the building offers modern amenities and a desirable workspace. The 1.56-acre lot (67,839 square feet) features ample parking with 88 spaces. Building features include one elevator and a building floor area ratio (FAR) of 0.33. The property is zoned 5.4 (A) and has an APN of 588-174-03 in Orange County, California. The building was originally constructed in 1999 and enjoys a prime location with easy access to Research Drive and Bunsen. Property taxes are $5.16 per square foot. The entire 22,091 square feet is currently vacant, providing flexibility for a variety of business needs. This is an ideal opportunity to establish a presence in a sought-after Irvine location. The address is 8687 Research Dr, Irvine, CA 92618.

    Property Features for 8687 Research Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,091 SF
    Class
    A
    Total Rate
    37554.7

    Building Details

    Year Built/Renovated
    1999/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,726 SF
    Rate per SF
    $20
    Space
    Suite 250
    Size
    5,522 SF
    Rate per SF
    $20
    Space
    Suite 200
    Size
    5,523 SF
    Rate per SF
    $20
    Space
    Suite 150
    Size
    6,320 SF
    Rate per SF
    $20
    Space
    Available Space
    Size
    22,091 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Gumball Vending Machine Supplier Big Purple Dot Software Company Vision Kitchen Bath ... Construction Company Thompson Aerospace Aircraft Rental Service Studio Oh Corporate Office

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Auto Repair Shop Hair Salon Wholesale Shop Law Firm Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.7404069
    Latitude
    33.6452922

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    FAQs

    What type of property is this?
    Office space - Modern Irvine office, fully vacant, 22,091 SF
    Where is this office space located?
    The property is located at 8687 Research Dr Irvine, CA.
    What is the lease rate?
    The lease rate is $0.00-$20 SF/Yr.
    Request Owner's contact information
    8687 Research Dr Irvine, CA 92618
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    Irvine, CA 92618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8687 Research Dr Irvine, CA 92618
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