2 HughesIrvine, CA 92618

  • Other mixed-use properties
  • 4,919 SF
For Sale
$3,800,000 View listing

Property Details for 2 Hughes

Lot size
1.59 AC
Property size (Sq ft)
4,919 SF
Property type
Other mixed-use properties
Property subtype
Mixed-use properties

Description

This exceptional mixed-use property, located in the highly desirable Irvine Spectrum area, presents a compelling investment opportunity. The building encompasses 4,919 square feet and sits on a generous 1.59-acre lot, offering significant potential for future development or expansion. Currently operating as a medical building, the property benefits from a stable income stream generated by a tenant under a robust lease agreement. This lease ensures a secure return for the investor, with a firm three-year term followed by two five-year options. The property is offered at $3,800,000. The building's location within the vibrant Irvine Spectrum provides excellent visibility and accessibility, attracting a high volume of foot traffic and ensuring strong tenant demand. The Net Net Net (NNN) lease structure further minimizes the owner's operational responsibilities, making this a low-maintenance, high-yield investment. The substantial lot size provides ample room for potential future expansion or redevelopment, catering to a variety of uses within the mixed-use zoning designation. This property represents a rare opportunity to acquire a well-located, income-producing asset in one of Southern California's most sought-after commercial markets. The existing lease provides immediate cash flow, while the expansive lot size and prime location offer significant long-term growth potential. Serious inquiries are encouraged.

2 Hughes, Irvine, California

Location Insight

City
Irvine
County
Orange
State
California
Latitude
33.651
Longitude
-117.715

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