For Sale
$8,800,000

8687 Research DrIrvine, CA 92618

Prime Irvine location, owner-user opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 22,091 square foot Class A flex/R&D building, located at 8687 Research Drive in Irvine, California, presents a unique owner-user investment opportunity. Situated on a 1.56-acre lot, this two-story building boasts a desirable location within the vibrant Irvine Spectrum, adjacent to Los Olivos Marketplace and offering unparalleled visibility from the I-405 Freeway, with exposure to over 212,000 vehicles daily. Built in 1999 and extensively renovated in 2023, the property features four units, each priced at $2,200,000, totaling an asking price of $8,800,000. The building offers a flexible layout, allowing for various uses, including industrial, R&D, service, design, animal care, and office spaces, as permitted by the 5.4 (A) zoning. Amenities include an elevator and ample parking (4/1,000 ratio). The property's fee simple ownership provides significant long-term value. The potential for adding a ground-level roll-up door further enhances its versatility. This is a rare opportunity to acquire a meticulously maintained, high-visibility property in one of Southern California's most sought-after business districts. The property is currently vacant, providing immediate occupancy for the new owner. The building's prime location and recent renovations make it an ideal investment for a discerning owner-user seeking a high-profile presence in the Irvine Spectrum. The property's APN is 588-174-03 and the zip code is 92618.

Highlights

  • Recently renovated 22,091 SF two-story flex/R&D building.
  • Ideal owner-user opportunity in the Irvine Spectrum.
  • High-visibility location on the I-405 Freeway, with exposure to over 212,000 vehicles daily.
  • 1.56-acre lot.
  • 4/1,000 parking ratio.
  • Potential to add a ground-level roll-up door.

Property Details for 8687 Research Dr

Property type
Life science properties, Industrial properties
Square Feet
22,091 SF
Class
A
Year Built/Renovated
1999/2023
Buildings
1
Stories
2
Lot Size (sq. ft)
67,954 SF
Units
4

Location Insight

City
Irvine
County
Orange
State
California
Latitude
33.6452922
Longitude
-117.7404069
8687 Research Dr, Irvine, California

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8687 Research Dr
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