100 Spectrum Center DrIrvine, CA 92618

  • Other commercial real estate
  • 9.80 AC
For Lease
$54/SF/YR View listing

Property Details for 100 Spectrum Center Dr

Lot size
9.80 AC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
585-011-41
APU
58501141

Description

This exceptional Class A office space, located at 100 Spectrum Center Drive in Irvine, California, offers a prime opportunity for businesses seeking a sophisticated and convenient location. The Spectrum Center building boasts 24,000 square feet across 15 stories, providing a modern and impressive setting. Tenants can choose from multiple occupancy options, with a minimum divisible space of 120 square feet and a maximum contiguous space of 170 square feet. Currently, 1,528 square feet of vacant space is available for lease. The building's strategic location in Orange County places it directly across the street from the Irvine Spectrum Center, a vibrant hub of shopping, dining, and entertainment. This provides employees with unparalleled access to amenities and a dynamic work-life balance. The building features 87 private offices, offering both interior and exterior options to cater to diverse business needs. This is an ideal opportunity to establish a presence in a highly sought-after area, benefiting from the prestige and convenience of a Class A office building in a thriving Southern California location. The zip code is 92618.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $136,156,832
    6.5%
    $125,683,224
    7%
    $116,705,848
  • Comparable approach

    Method
    Valuation
    Relative Method
    $176,190,688
    Geo Method
    $378,733,792
  • Alternative Use

    Use
    Valuation
    Residential
    $106,018,504
    Hospitality
    $97,112,376
    Educational
    $80,796,360
    Medical
    $83,575,072
    Retail
    $125,683,224
100 Spectrum Center Dr, Irvine, California

Location Insight

City
Irvine
County
Orange
State
California
Latitude
33.6499
Longitude
-117.747
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,028,544
$11,177,489
$90,168,333
$101,345,822
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