Property History
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Investment Highlights
- Future potential to redevelop the site to a higher and better use. Current zoning allows for office and retail (non-restaurant).
- Three separate buildings with ten total units provides exceptional leasing flexibility.
- In-place occupancy provides income while repositioning the property to a creative office campus.
- Creative office rents are approximately 20% higher than traditional office rents.
- Orange County rents are forecast to increase by another 10% over the next two (2) years in the City of Irvine which boasts one of the lowest office vacancy rates in all of Orange County at 9.9%
- Dupont Business Center can be combined with a neighboring 19,582 SF, free standing, two-story office building. (18800 Von Karman Avenue)
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