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2272 Michelson Dr - Trade Marketplace 8,965 SF Retail Building
About 2272 MICHELSON DR , IRVINE , CA 92612
| Price | Not Individually For Sale | Building Class | B |
| Building Size | 8,965 SF | Lot Size | 0.83 AC |
| Property Type | Retail | Parking Ratio | 5.4/1,000 SF |
| Property Subtype | Storefront |
| Price | Not Individually For Sale |
| Building Size | 8,965 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Lot Size | 0.83 AC |
| Parking Ratio | 5.4/1,000 SF |
Executive Summary
A complete property remodel was completed in 2017 providing brand new storefronts, facade, landscaping, etc. The open air Food Hall and other popular restaurants drive a lot of daytime and evening traffic to the center, providing great synergy with the other retail uses. The renovation costs were $7.2 million.
The property is within 3 miles of numerous office buildings and 230,000 daytime workers, including many within a short walking distance. Also, multi-family development in recent years now provides approximately 8,000 units within 1 mile.
The property is within 3 miles of numerous office buildings and 230,000 daytime workers, including many within a short walking distance. Also, multi-family development in recent years now provides approximately 8,000 units within 1 mile.
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