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2600 Michelson DrIrvine, CA 92612

High-rise, Class A office, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This 16-story, Class A office building in Irvine, California's Irvine Business Complex (IBC), offers 310,925 square feet of space. Built in 1986, the single building sits on a 4.59-acre lot and boasts 86.6% occupancy. The property features a permitted zoning of 5.1 IBC and has undergone over $12.2 million in renovations since 2018, including common area enhancements, building system upgrades, and high-end tenant improvements. Current in-place leases generate approximately $34 million in annual income. Its central location provides easy access to numerous amenities, including nearby restaurants, shopping centers (Fashion Island, Trade Market Place, the District, Irvine Spectrum, and South Coast Plaza), and, upon completion in 2025, the Jamboree Michelson Pedestrian Bridge, offering walkable access to additional retail, residential, and hospitality options at Park Place. The building presents a unique owner-user opportunity with flexible occupancy, allowing for phased move-in as space becomes available. This institutionally owned property represents a significant investment opportunity in a highly desirable location.

Highlights

  • 16-story, Class A office building totaling 310,925 square feet in Irvine, CA's Irvine Business Complex (IBC).
  • Institutionally owned trophy asset with approximately $34 million in annual net operating income from in-place leases.
  • Offers flexible occupancy, allowing for phased move-in by an owner-user.
  • Over $12.2 million in renovations since 2018, including common area and building system upgrades, and high-end tenant improvements.

Property Details for 2600 Michelson Dr

Property type
Office properties
Square Feet
310,925 SF
Class
A
Year Built
1986
Buildings
1
Stories
16
Lot Size (sq. ft)
199,940 SF

Location Insight

City
Irvine
County
Orange
State
California
Latitude
33.6737404
Longitude
-117.8502828
2600 Michelson Dr, Irvine, California

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2600 Michelson Dr
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