Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    23-27 Mauchly Irvine, CA 92618

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern Flex Space, Irvine, CA

    Lot size:
    88,112 SF

    Property Features for 23-27 Mauchly

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    88,112 SF
    Total Rate
    13143.37

    Spaces For Lease

    at 23-27 Mauchly, Irvine, CA 92618 Contact us
    Unit 25 Mauchly Suite 329

    $19 /Mo

    Size
    3,040 SF
    Contact us
    Unit Suite 319

    $19 /Mo

    Size
    980 SF
    Contact us
    Unit Suite 110

    $21 /Mo

    Size
    2,390 SF
    Contact us
    Unit 25 Mauchly 322

    $1.79 /Mo

    Size
    1,480 SF
    Contact us
    Unit 27 Mauchly Suite 212

    $21 /Mo

    Size
    2,025 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Ellyssa Derry

    Listing Agency: Olen Properties Listing Agent: Ellyssa Derry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Olen Spectrum Centre, located at 23-27 Mauchly in Irvine, CA 92618, offers a diverse range of commercial spaces ideal for businesses seeking a prime location within Orange County's thriving Irvine Spectrum submarket. This modern property boasts a total of 88,112 square feet, encompassing retail, office, and industrial uses. The building features a sleek exterior design, lush landscaping, and long tinted glass lines, creating a sophisticated and inviting atmosphere. Several suites include convenient shipping and receiving doors, catering to businesses with logistical needs. The property is currently offering multiple tenancies with a minimum divisible space of 980 square feet and a maximum contiguous space of 3,040 square feet. A total of 9,915 square feet is currently vacant and available for lease. The Olen Spectrum Centre provides ample parking with a 3:1000 ratio, ensuring convenient access for employees and clients. Its location within the amenity-rich Irvine Spectrum submarket offers easy accessibility and proximity to a variety of businesses, restaurants, and other amenities. This property is perfect for businesses seeking a modern, functional, and well-located space to thrive in a dynamic and innovative environment. The property type includes Executive Office, Flex, Warehouse, and R&D spaces, making it suitable for a wide range of business needs. The building's design and location make it an excellent choice for companies seeking a prestigious address in a highly desirable area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Irvine
    County
    Orange
    State
    California
    Longitude
    -117.7345426
    Latitude
    33.6538909

    Nearby Similar for Lease

    • $1,330 /Mo
      486 SF

      Move-in Ready Irvine Office Suite

      Well-kept Irvine office suite with private office, reception, and coffee bar.
      2691 Richter Ave, Irvine, CA 92606
      View Details
    • Contact for pricing

      Irvine Spectrum

      Flexible workspace in Irvine Spectrum
      300 Spectrum Center Dr, Irvine, CA 92618
      View Details
    • Contact for pricing

      Irvine Center Drive

      Discover many ways to work your way in Irvine Center Drive
      7545 Irvine Center Dr, Irvine, CA 92618
      View Details
    • Contact for pricing

      Spaces Intersect

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      17875 Von Karman Ave, Irvine, CA 92614
      View Details
    • Contact for pricing

      Spaces The Quad

      Discover many ways to work your way in AZ, Tempe - Hayden Ferry Lake
      530 Technology Dr, Irvine, CA 92618
      View Details
    • Contact for pricing

      CA, Irvine - 19800 MacArthur Blvd, 3rd Floor

      Discover many ways to work your way in Highland Pointe
      19800 Irvine Blvd, Irvine, CA 19800
      View Details
    • Sponsored
      Contact for pricing

      CA, Irvine - Main St

      Discover many ways to work your way in Fort Washington
      2020 Main St, Irvine, CA 92614
      View Details
    • $4,592 /Mo
      1,458 SF

      Irvine Office Suite for Lease

      Office suite with offices, kitchen, and storage in Irvine.
      2020 Main St, Irvine, CA 92614
      View Details
    • $4,221 /Mo
      1,340 SF

      Irvine Office Space Available

      Office suite with open area in Irvine Concourse building.
      2020 Main St, Irvine, CA 92614
      View Details
    • $6,781 /Mo
      2,153 SF

      Irvine Office Space Available

      Partially furnished office space in Irvine Concourse.
      2020 Main St, Irvine, CA 92614
      View Details
    • $7,717 /Mo
      2,450 SF

      Irvine Office Suite for Lease

      Office suite with conference room, kitchen, and IT/storage room.
      2020 Main St, Irvine, CA 92614
      View Details
    • $5,745 /Mo
      1,824 SF

      Furnished Office Suite in Irvine

      Furnished office suite with reception, conference room, and open area.
      2020 Main St, Irvine, CA 92614
      View Details

    FAQs

    What type of property is this?
    Life science property - Modern Flex Space, Irvine, CA
    Where is this life science property located?
    The property is located at 23-27 Mauchly Irvine, CA.
    What is the lease rate?
    The lease rate is $1.79-$21 SF/Yr.
    What are key features of this property?
    This property features: Olen Spectrum Centre, Irvine, CA offers 88,112 SF of retail, office, and industrial space.; Located near Irvine Great Park.; 0.6 miles to Irvine train station; near the 133 toll road, I-5, and I-405 freeway.
    (949) 719-7204 Call to check price and availability
    Request Owner's contact information
    23-27 Mauchly Irvine, CA 92618
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23-27 Mauchly
    Irvine, CA 92618
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    23-27 Mauchly Irvine, CA 92618
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ellyssa Derry
    (949) 719-7204 (949) 644-6536
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!