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25391 Commercentre Dr 26,154 SF 100% Leased Office Building Lake Forest, CA 92630 $13,924,096 CAD ($532.39 CAD/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Irvine Spectrum Center: The renowned retail & lifestyle destination with over 130 stores, services, restaurants, including Nordstrom, Target & Macy's
- Foothill Ranch Towne Center: The largest retail palza & entertainment complex total 1MSF in Lake Forest.
- Irvine Great Park: The biggest city park as Same design with NewYork Central Park, covering more than 4700 acres with more $1 billion in development.
EXECUTIVE SUMMARY
Owner occupied part and partially leased, depending on buyer's request for renew lease or seller lease back or move.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Building Size
26,154 SF
Building Class
C
Year Built
1999
Price
$13,924,096 CAD
Price Per SF
$532.39 CAD
Cap Rate
5.60%
NOI
$779,749 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,077 SF
Slab To Slab
12’
Building FAR
0.21
Lot Size
2.88 AC
Zoning
C2 - Commercial
Parking
105 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Partitioned Offices
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PROPERTY TAXES
| Parcel Number | 610-362-14 | Improvements Assessment | $4,170,593 CAD |
| Land Assessment | $7,321,844 CAD | Total Assessment | $11,492,437 CAD |
PROPERTY TAXES
Parcel Number
610-362-14
Land Assessment
$7,321,844 CAD
Improvements Assessment
$4,170,593 CAD
Total Assessment
$11,492,437 CAD
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25391 Commercentre Dr
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