2 Hughes Irvine, CA 92618
- Mixed-use properties
- 4,919 SF
- 1.59 lot acres
Current Use by Public Records
- Dr. Brent E. Silvers, MD / Doctor / Internist
- Tencati John R / Allergist
- Parkson J. Lin, DPM / Podiatrist
- American Fertility Medical Center / Medical Clinic / Acupuncturist
- Breakthrough Genomics / Laboratory
Property Details for 2 Hughes
- Lot size
- 1.59 lot acres
- Property size
- 4,919 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Irvine
- County
- Orange
- State
- California
- Longitude
- -117.715
- Latitude
- 33.651
