Two-Story Office
New
For Sale
Contact for pricing
9840 Irvine Center Dr, Irvine, CA 92618
Its layout includes seven private offices, two conference rooms, an executive suite, and a working kitchen.
Property Size9,920 SF
Price / SF$520
Days on Market4
Property Features for 9840 Irvine Center Dr
General Information
Standard status
Active
Size
9,920 SF
Property subtype
OFFICE
Amenities
high-end finishes
exposed wood ceilings
abundant natural light
seven private offices
executive suite
two conference rooms
fully functioning kitchen
Building Details
Buildings
1
Stories
2
Building Size
9,920 SF
Listing Agency:
Ashwill Associates
(714) 456-0500
Listed By:
Diego Moser
(949) 842-5665
Source:
Moodyscre
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:26PM
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 Ashwill Associates
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Investment Insights
Based on property information with market context.
This 9,920-square-foot office property in Irvine Spectrum spans two stories and has undergone renovation. Interior features include exposed wood ceilings and abundant natural light, alongside seven private offices, an executive suite, and two conference rooms. A fully functioning kitchen is also part of the building.
The property is located at 9840 Irvine Center Dr in Irvine, California. Its combination of private work areas, meeting rooms, and kitchen space is arranged within a two-story office building.
The property is located at 9840 Irvine Center Dr in Irvine, California. Its combination of private work areas, meeting rooms, and kitchen space is arranged within a two-story office building.
Key Highlights
- 9,920‑square‑foot, two‑story office building
- Recently renovated
- Seven private offices and an executive suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,753
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,295,060
$3.3M
Cap Rate 7%
$2,353,614
$2.4M
Cap Rate 9%
$1,830,589
$1.8M
Market Conditions
NOI Build-Up for 9,920 SF
Gross rent
$263.1K $26.52/SF
− Vacancy
−$43.4K −$4.38/SF
EGI
$219.7K $22.14/SF
− OpEx
−$54.9K −$5.54/SF
NOI
$164.8K $16.61/SF
Area
ZIP 92618
Vacancy
16.50%
Lease Rate
$26.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,295,060
Cap Rate 7%
$2,353,614
Cap Rate 9%
$1,830,589
Alternative Uses
Best Use
Office B
$2.35M
$2.06M – $2.75M
NOI $164,753 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,671 @ 7.0% cap · market cap 4.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,277
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Its layout includes seven private offices, two conference rooms, an executive suite, and a working kitchen.
Where is this office building located?
The property is located at 9840 Irvine Center Dr Irvine, CA.
What is the asking price?
The asking price for this property is $5,158,400.
What are key features of this property?
This property features: 9,920‑square‑foot, two‑story office building; Recently renovated; Seven private offices and an executive suite
