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Park Realty Group, Inc.
FOR SALE
$5,995,000

17332 Irvine Boulevard
Tustin, CA 92780

Business Opportunities
Commercial
24,287
Sq. Ft.
1
Acre Lot
Listing Agent: Geoffrey Dewolf - Economos Dewolf, Inc.; Geoff.Dewolf@Am.Jll.com
Home> California> Tustin> 92780
17332 Irvine Blvd, Tustin, CA 92780. Two-story 24,287-square-foot, elevator-served office building built in 1973 on an approximate 1.0-acre parcel with no association. The building is 95% occupied with two small vacant suites totaling 1,236 square feet. Premier office building with welcoming two-story lobby just east of the 55 Freeway on the corner of Irvine Blvd and Yorba St. Current occupancy is 95% which is typical as this building has historically enjoyed very high occupancy. With small suites and staggered lease terms, this asset should continue to provide reliable, solid income. Current rents are well below market. Market rents will generate a proforma cap rate over 8.0% (see Page 18). This should be very achievable given the high current occupancy and small tenant sizes.
24376525
Commercial - Business Opportunities, 2 Story
1973
Orange
1 Acres
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Geoffrey Dewolf - Economos Dewolf, Inc.; Geoff.Dewolf@Am.Jll.com
Licensed in: DRE# 01319312
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