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25391 Commercentre Dr 26,154 sq ft 100% Let Office Property Lake Forest, CA 92630 £7,458,054 (£285.16/sq ft) 5.60% Net Initial Yield



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
Property Size
26,154 sq ft
Costar Property Class
C
Year Built
1999
Price
£7,458,054
Price per sq ft
£285.16
Yield
5.60%
NOI
£417,651
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
13,077 sq ft
Floor To Floor Height
12 ft
Plot ratio
0.21
Total Plot Size
2.88 ac
Use Class
C2 - Commercial
Parking
105 Spaces (4 Spaces per 1,000 sq ft Leased)
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Partitioned Offices
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PROPERTY TAXES
| Parcel Number | 610-362-14 | Improvements Assessment | £2,211,214 |
| Land Assessment | £3,881,982 | Total Assessment | £6,093,196 |
PROPERTY TAXES
Parcel Number
610-362-14
Land Assessment
£3,881,982
Improvements Assessment
£2,211,214
Total Assessment
£6,093,196
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25391 Commercentre Dr
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