23272 Mill Creek DrLaguna Hills, CA 92653

Property Details for 23272 Mill Creek Dr

Year built

1984

Lot size

1.62 AC

Property size (Sq ft)

29,053 SF

Property type

Showrooms

APN

588-141-11

APU

58814111

Description

Spectrum Summit Plaza, located at 23272 & 23282 Mill Creek Drive in Laguna Hills, California (zip code 92653), offers exceptional office space for lease. This three-story building, situated in Orange County, boasts a total of 10,292 square feet. The property features a variety of configurations to suit diverse business needs, with spaces ranging from a minimum of 810 square feet to a maximum contiguous space of 2,389 square feet. Currently, there is 11,634 square feet of vacant space available for lease, allowing for significant flexibility in tenant build-outs. The building is equipped with elevators for convenient access to all three floors. The property is categorized as both Traditional Office and Executive Office space, catering to a wide range of businesses. Multiple tenancies are available, providing options for businesses of various sizes. This exceptional location in Laguna Hills offers easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a productive and convenient work environment. The property's address is clearly identified as 23272 & 23282 Mill Creek Drive, Laguna Hills, CA 92653. Inquire today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $9,264,085

  6.5%

  $8,551,463

  7%

  $7,940,644

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,987,981

  Geo Method

  $25,768,976

• Alternative Use

  Use

  Valuation

  Residential

  $7,213,479

  Hospitality

  $6,607,508

  Educational

  $5,497,369

  Medical

  $5,686,432

  Retail

  $8,551,463

Location Insight

City

Laguna Hills

County

Orange

State

California

Latitude

33.6245

Longitude

-117.736

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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