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Investment Highlights
- Irvine Boulevard frontage in central Tustin with excellent regional access and just 10 minutes from John Wayne Airport.
- Two-story design with flexible layout featuring private offices, open workspace, and portions available for tailored improvements.
- 21 on-site parking stalls, inclusive of 11 covered spaces, ensuring efficient access for employees and clients.
- Attractive purchase price of $335/SF compared to recent area sales, underscoring strong ownership value.
Executive Summary
This two-story freestanding office building at 17722 Irvine Blvd presents an exceptional opportunity for ownership in the highly accessible Tustin market. Positioned along Irvine Boulevard, the property offers excellent visibility and is just minutes from the I-5, SR-55, and SR-22 freeways, providing connectivity throughout Orange County. John Wayne Airport is a short 10-minute drive, ensuring regional and national access for business operations.
The approximately 7,557 square feet of office space includes a functional buildout, featuring a balance of private offices and open areas, while portions of the building remain in shell condition for customized improvements. With 21 total parking stalls, including 11 covered, the property accommodates modern business needs, delivering convenience for staff and visitors alike.
Priced attractively at $335 per square foot, this offering provides strong value relative to comparable properties on Irvine Boulevard. Additional investment appeal comes from advantageous financing options such as SBA programs and potential cost segregation benefits, which can further enhance ownership economics. Well-maintained systems, including six HVAC units serviced quarterly and a roof with a current warranty plan, bolster the asset’s long-term reliability.
The approximately 7,557 square feet of office space includes a functional buildout, featuring a balance of private offices and open areas, while portions of the building remain in shell condition for customized improvements. With 21 total parking stalls, including 11 covered, the property accommodates modern business needs, delivering convenience for staff and visitors alike.
Priced attractively at $335 per square foot, this offering provides strong value relative to comparable properties on Irvine Boulevard. Additional investment appeal comes from advantageous financing options such as SBA programs and potential cost segregation benefits, which can further enhance ownership economics. Well-maintained systems, including six HVAC units serviced quarterly and a roof with a current warranty plan, bolster the asset’s long-term reliability.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
7,557 SF
Building Class
C
Year Built
1975
Price
$3,472,215 CAD
Price Per SF
$459.47 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,450 SF
Slab To Slab
11’
Building FAR
0.69
Lot Size
0.25 AC
Zoning
PR - Planned Residential
Parking
21 Spaces (2.36 Spaces per 1,000 SF Leased)
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Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 401-042-08 | Improvements Assessment | $534,425 CAD |
| Land Assessment | $383,405 CAD | Total Assessment | $917,830 CAD |
Property Taxes
Parcel Number
401-042-08
Land Assessment
$383,405 CAD
Improvements Assessment
$534,425 CAD
Total Assessment
$917,830 CAD
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17722 Irvine Blvd
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