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    1062 Mcgaw Ave Irvine, CA 92614

    Sponsored
    For Lease
    $24 SF/Yr

    120,656 SF Multi-Tenant Building, 5 Acres

    Lot size:
    120,656 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 120,656-square-foot building, situated on a 5.05-acre lot (220,065 square feet), presents a unique opportunity for multiple tenants. Built in 2023, this two-story structure offers flexible space options, with a minimum divisible space of 52,205 square feet and a maximum contiguous space of 68,451 square feet. The entire building is currently vacant. The property boasts impressive features including a 36-foot ceiling height, 12 dock-high doors, and 2 loading docks, making it ideal for warehouse and distribution operations. Ample parking is provided with 85 total spaces. The building is equipped with a 2,000-amp electrical meter (expandable), operating at 244/480V (verification recommended). Safety is ensured with an ESFR fire sprinkler system. A fenced truck court provides secure loading and unloading areas. The property benefits from highly visible freeway signage along the 55 Freeway, enhancing its visibility and accessibility. Located in Orange County, with a zoning designation of 5.1 and APN numbers 430-111-18 and 430-111-08, this property offers a strategic location and significant potential for various industrial and office uses. The cross streets are Pullman St and McGaw Ave. This is a rare opportunity to lease a brand-new, large-scale industrial/office space in a prime Orange County location.

    Property Features for 1062 Mcgaw Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,656 SF
    Total Rate
    241312

    Building Details

    Year Built
    2023
    Stories
    2

    Unit(s) available at that property

    Space
    Suite A
    Size
    52,205 SF
    Rate per SF
    $24
    Space
    Suite B
    Size
    68,451 SF
    Rate per SF
    $24
    Space
    Suite A and B
    Size
    120,656 SF
    Rate per SF
    $24

    HighLights

    • 120,656 SF Office/Industrial building, multi‑tenant, available in its entirety.
    • 5.05‑acre lot with 220,065 square feet of land.
    • Brand new construction (2023), two‑story building with 36' ceiling height.
    • Multiple suites available, ranging from 52,205 SF to a maximum contiguous 68,451 SF.
    • Excellent freeway visibility with building signage along the 55 Freeway.
    • Features include 85 parking spaces, 2 loading docks with 12 dock‑high doors, and a 2,000‑amp electrical service (expandable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Ricoh Training Center Training Centre

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.8580664
    Latitude
    33.7004358

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    FAQs

    What type of property is this?
    Distribution property - 120,656 SF Multi-Tenant Building, 5 Acres
    Where is this distribution property located?
    The property is located at 1062 Mcgaw Ave Irvine, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 120,656 SF Office/Industrial building, multi-tenant, available in its entirety.; 5.05-acre lot with 220,065 square feet of land.; Brand new construction (2023), two-story building with 36' ceiling height.
    Request Owner's contact information
    1062 Mcgaw Ave Irvine, CA 92614
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    Irvine, CA 92614
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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
    1062 Mcgaw Ave Irvine, CA 92614
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