4590 Macarthur BlvdNewport Beach, CA 92660

Property Details for 4590 Macarthur Blvd

Lot size

1.03 AC

Property type

Showrooms

APN

445-122-09

APU

44512209

Description

This exceptional executive office space in the Koll Center Newport, located at 4590 MacArthur Blvd Suite 500, Newport Beach, CA 92660, offers a total of 2,945 square feet across 26 individual suites. Currently, all 2,945 square feet are available for lease, providing a unique opportunity for a single tenant or multiple smaller businesses. The building offers flexible space options, with a minimum divisible space of 50 square feet and a maximum contiguous space of 200 square feet, catering to a variety of business needs and sizes. This prime location in Orange County provides easy access to major transportation routes and is situated within a thriving business community. The property is classified as an Executive Office building, reflecting its high-quality finishes and professional atmosphere. The address is easily accessible and highly visible, enhancing the professional image of any occupying business. This is an unparalleled opportunity to secure prestigious office space in a highly desirable location. The building's modern design and convenient amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Contact us today to learn more about leasing options and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $31,960,256

  6.5%

  $29,501,774

  7%

  $27,394,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $39,625,136

  Geo Method

  $39,625,136

• Alternative Use

  Use

  Valuation

  Residential

  $24,885,850

  Hospitality

  $22,795,306

  Educational

  $18,965,426

  Medical

  $19,617,676

  Retail

  $29,501,774

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.6686

Longitude

-117.864

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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