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61 Post 4,976 SF Flex Condo Unit Offered at $4,659,404 CAD in Irvine, CA 92618

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INVESTMENT HIGHLIGHTS

  • Enhance a corporate image at 61 Post, a 4,976-square-foot industrial condo awash in clean, stylish exterior and flexible layouts.
  • Featuring convenient and ample parking, lush landscaping, an oversized garage, a fully equipped kitchen, and a customizable second-floor space.
  • Located in Irvine Spectrum, adjacent to Oak Creek Golf Club and nearby retail and dining amenities such as Starbucks, Ralphs, and Target.
  • Close to a wide array of transportation modes, with excellent access to the 5 and 405 Freeways via Sand Canyon and the John Wayne Airport.

EXECUTIVE SUMMARY

61 Post offers a prime investment opportunity to own a premium warehouse condo with office space in Irvine, California. Currently tenant-occupied, with a 3% yearly rate increase and a three-year term until May 2028. Modeling a versatile layout, this unit includes a reception area, four spacious offices, a fully equipped kitchen, and an oversized garage or warehouse catering to diverse business needs. There is an additional second-floor space that offers extra flexibility for office use, storage, or other purposes. Occupants of the space appreciate the clean, stylish exterior as it helps enhance their corporate image. The owner built six sets of new mailboxes for rental. Located within the Aslan Business Park, which consists of three buildings and 12 industrial condo units. The community has a large parking area that ensures convenience for employees and visitors. Situated on a corner lot, 61 Post boasts a prime location with excellent accessibility. This exceptional property is in the heart of Irvine, adjacent to Oak Creek Golf Club and Hoag Hospital Irvine Campus, offering unparalleled convenience with easy access to the 5 and 405 Freeways. Don't miss out on this rare opportunity for business owners and investors to add value and expand operations in a desirable Orange County location.

MATTERPORT 3D TOURS

Explore the Warehouse & Office Space

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PROPERTY FACTS

Total Building Size 4,976 SF
Property Type Flex (Condo)
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • OfficeLoft Creative Space
Building Class A
Floors 1
Typical Floor Size 4,976 SF
Year Built 2006
Tenancy Single
Lot Size 0.84 AC
Parking Ratio 1.81/1,000 SF
Zoning Flex - Industrial (Nec)

AMENITIES

  • Front Loading
  • Mezzanine
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Water
  • Sewer
  • Heating

1 UNIT AVAILABLE

Unit 61

Unit Size 4,976 SF
Price $4,659,404 CAD
Price Per SF $936.38 CAD
Condo Use Flex
Sale Type Investment
Cap Rate 4.72%
NOI $219,897.96 CAD
SALE NOTES

61 Post is a 4,976-square-foot flex condo unit primed for investment. The property is leased until May 2028 with a 3% yearly rate increase. The HOA is responsible for the outside shell maintenance.
Tenants are ok to cancel the lease early if the buyer wants to.
great investment opportunity or owner-user.
Seller finance options are available

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Los Angeles
3,990,456
46
1 h 0 m
San Diego
1,425,976
76
1 h 34 m
Las Vegas
644,644
272
5 h 6 m
Phoenix
1,660,272
363
6 h 39 m
San Jose
1,030,119
376
7 h 8 m
San Francisco
883,305
422
7 h 53 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
1,319,737
Total Labor Force
708,047
Unemployment Rate
3.14%
Median Household Income
$108,881
Warehouse Employees
102,226
High School Education Or Higher
88.40%
$ values in USD

NEARBY AMENITIES

RESTAURANTS

Chipotle - - 21 min walk
Grater Grilled Cheese Sandwiches $ 22 min walk
Everyday Eatery American $ 22 min walk
Hi House Chinese $ 22 min walk
Flame Broiler Fast Food $$$ 22 min walk
Wagyu Meat And Grill Korean $$$ 22 min walk
Tacos & Co Mexican $ 22 min walk
Jimmy John's Fast Food $ 22 min walk
Domino’s - - 22 min walk
Starbucks Cafe $ 23 min walk

RETAIL

Bishops Cuts and Color Salon/Barber/Spa 22 min walk
9round Fitness Fitness 22 min walk
T Mobile Wireless Communications 21 min walk
7-Eleven Convenience Market 22 min walk
See's Candies Candy/Nuts 22 min walk
United States Postal Service Business/Copy/Postal Services 26 min walk

HOTELS

La Quinta Inns & Suites
148 rooms
4 min drive
Sonesta Simply Suites
122 rooms
6 min drive
Marriott
271 rooms
6 min drive
Courtyard
210 rooms
7 min drive
  • Listing ID: 34226662

  • Date on Market: 2024-12-04

  • Last Updated:

  • Address: 61 Post, Irvine, CA 92618

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