Freestanding Office
9861 Irvine Center Dr Irvine, CA 92618
For Sale
Contact for pricing
Freestanding office building offered for sale with a total area of 9,920 square feet.
Property Size9,920 SF
Price / SF$550
Days on Market85
Property Features for 9861 Irvine Center Dr
General Information
Standard status
Active
Size
9,920 SF
Property subtype
OFFICE
Listing Agency:
Lee & Associates - Newport Beach
(949) 533-1168
Listed By:
Steve Madigan
Source:
Moodyscre
Added: May 7
Changed: Jul 29
Last Checked: Jul 29 at 5:21AM
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 - Newport Beach
Investment Insights
Based on property information with market context.
This is a freestanding office building offered for sale. The property provides a total of 9,920 square feet, offering a defined footprint for office users or investors seeking a dedicated building.
The asset is located at 9861 Irvine Center Dr in Irvine, CA. It is presented as a stand-alone office facility, designed to operate independently from multi-tenant office configurations.
As a freestanding office building, the layout is suited to an office-focused use based on the property type and intended occupancy.
The asset is located at 9861 Irvine Center Dr in Irvine, CA. It is presented as a stand-alone office facility, designed to operate independently from multi-tenant office configurations.
As a freestanding office building, the layout is suited to an office-focused use based on the property type and intended occupancy.
Key Highlights
- Freestanding office building offered for sale
- Total building area: 9,920 SF
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 | $263.1k | $26.52 |
| − Vacancy | −$43.4k | −$4.38 |
| EGI | $219.7k | $22.14 |
| − OpEx | −$54.9k | −$5.54 |
| NOI | $164.8k | $16.61 |
9,920 SF · lease $26.52/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.35M
$2.06M – $2.75M
NOI $164,753 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,671 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Freestanding office building offered for sale with a total area of 9,920 square feet.
Where is this office building located?
The property is located at 9861 Irvine Center Dr Irvine, CA.
What is the asking price?
The asking price for this property is $5,456,000.
What are key features of this property?
This property features: Freestanding office building offered for sale; Total building area: 9,920 SF
