Property summary
This exceptional mixed-use property, located in the highly desirable Irvine Spectrum area, presents a compelling investment opportunity. The building encompasses 4,919 square feet and sits on a generous 1.59-acre lot, offering significant potential for future development or expansion. Currently operating as a medical building, the property benefits from a stable income stream generated by a tenant under a robust lease agreement. This lease ensures a secure return for the investor, with a firm three-year term followed by two five-year options. The property is offered at $3,800,000. The building's location within the vibrant Irvine Spectrum provides excellent visibility and accessibility, attracting a high volume of foot traffic and ensuring strong tenant demand. The Net Net Net (NNN) lease structure further minimizes the owner's operational responsibilities, making this a low-maintenance, high-yield investment. The substantial lot size provides ample room for potential future expansion or redevelopment, catering to a variety of uses within the mixed-use zoning designation. This property represents a rare opportunity to acquire a well-located, income-producing asset in one of Southern California's most sought-after commercial markets. The existing lease provides immediate cash flow, while the expansive lot size and prime location offer significant long-term growth potential. Serious inquiries are encouraged.
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
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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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