Prime Irvine Spectrum value add investment opportunity. Significant building renovations recently completed with new exterior painting, drought tolerant landscape, drip irrigation and lobby upgrades including LED lighting. Recently completed leased will allow the investor to enjoy significant in-place cash flow while looking for one last tenant to take the project to 100% leased.
Creative office space. Exposed ceilings with open work spaces. New kitchen remodel & HVAC. Fiber optic can run to bldg. Upgraded electrical & security system. Tour now: https://vimeo.com/403115751/4675edcd6d . Virtual tour: https://cbre.qumucloud.com/view/5dZ6OMZKWiF#/
*Investment* CAP Rate: 5.45% Year One. New 100% Long Term Net Leased single-tenant investment opportunity. Free standing building w/ high visibility. Excellent proximity to the Irvine Spectrum Entertainment Center. Adjacent to the new Los Olivos Marketplace. Minutes to John Wayne Airport.