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Property profile

5000 Tower Newport Beach, CA 92660

OFF-MARKET
Office Spaces
19,349 SF
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Property summary

AI-generated overview

This Class A, 19,349 square foot office building in Newport Beach, CA offers a variety of flexible workspace solutions. Located at 5000 Birch Street, West Tower Suite 3000, this property boasts stunning Saddleback Mountain views and features 350 suites, with 5,970 square feet currently vacant. The minimum divisible space is 10 square feet, with a maximum contiguous space of 1,300 square feet. Renovated in 2019, the building includes elevators and offers a range of options, from private, fully furnished offices for individuals or large companies to custom spaces and day offices. Amenities include outdoor seating terraces, a coffee bar, and convenient access to freeways and the local airport. The building is situated in Orange County's affluent business district, within walking distance of numerous restaurants and bars. This location provides a relaxed yet productive work environment, catering to diverse business needs. The property offers a benefits program with exclusive discounts and procurement support. Ideal for businesses seeking a prestigious and convenient location with flexible lease terms.

Property profile

Verified
Property type Office Spaces
Total area 19,349 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5000 Tower Newport Beach, CA 92660
Newport Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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