Property summary
This exceptional mixed-use property, located in the prestigious Irvine Spectrum, offers a compelling investment opportunity. The building encompasses 4,919 square feet and sits on a sizable 1.59-acre lot, providing ample space and potential for future development or expansion. Currently occupied by a medical tenant under a robust lease agreement, this property guarantees a steady stream of income. The lease is structured for an initial three-year term, followed by two five-year options, ensuring long-term financial stability. The property is a Net, Net, Net (NNN) lease, meaning the tenant is responsible for all operating expenses, minimizing the owner's financial burden. This prime location within the vibrant Irvine Spectrum offers high visibility and accessibility, attracting a desirable clientele. The building's current medical use presents a stable and in-demand sector of the real estate market. This is an excellent opportunity for investors seeking a secure, high-return investment with significant long-term potential in a thriving Southern California location. The asking price for this exceptional property is $3,800,000. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician Medical Clinic
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Physician
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Medical Clinic
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Laboratory
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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