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16490 Bake Pky 9,900 SF 50% Leased Office Building Irvine, CA 92618 $7,600,785 CAD ($767.76 CAD/SF)

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EXECUTIVE SUMMARY

• HIGH-IMAGE FREESTANDING ±9,900 SF OFFICE BUILDING
• FIRST FLOOR LEASE EXPIRATION JANUARY 2026
• SECOND FLOOR AVAILABLE FOR IMMEDIATE OCCUPANCY
FOR BUYER OR TENANT - LEASE RATE $2.25 MG
• ASKING PRICE: $5,445,000 ($550/SF)
• PROFESSIONAL OFFICE ZONING
• IDENTITY SIGNAGE AVAILABLE ON BAKE PARKWAY
• 4:1,000 PARKING RATIO
• MINUTES TO RETAIL AMENITIES, IRVINE SPECTRUM
CENTER, LOS OLIVOS MARKETPLACE AND MORE
• CONVENIENT ACCESS TO 405, 5, AND 133 FREEWAYS

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
9,900 SF
Building Class
B
Year Built/Renovated
2006/2018
Price
$7,600,785 CAD
Price Per SF
$767.76 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,950 SF
Building FAR
2.00
Lot Size
0.11 AC
Zoning
4.2 - Professional Office Zoning (4.2 Community Commercial)

AMENITIES

  • Signage
  • Central Heating
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Partitioned Offices
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Sales Masters, Inc.
  • -
  • -
  • -
  • -
  • Educational Services
  • -
  • -
  • -

Founded in 2017, Virscend University is located in Irvine, California. We offer one year MBA programs with three concentrations and a two-year Bachelor of Science program for transfer students. Our programs are designed to provide students with economical, efficient and innovative learning experiences to meet the challenges of today’s fast changing business environment. Our 12 month MBA programs have three concentrations: Big Data Analytics, Digital Marketing and Financial Management. Most of our courses are taught by experienced professors from state universities or industry professionals. Our goal is to prepare students with state-of-the-art knowledge and skills that will fulfill the needs of today’s challenging business environment and arms the students with the tools to adapt to a constantly changing environment.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Sales Masters, Inc. - - - -
Educational Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
588-212-39
Land Assessment
$4,668,881 CAD
Improvements Assessment
$1,999,684 CAD
Total Assessment
$6,668,565 CAD
  • Listing ID: 35749383

  • Date on Market: 2025-05-05

  • Last Updated:

  • Address: 16490 Bake Pky, Irvine, CA 92618

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