4590 MacArthur Blvd, Newport Beach, CA 92660

NEWPORT BEACH CLASS A OWNER-USER OFFICE OPPORTUNITY

►MID-RISE OFFICE OFFERING | The property is a 6-story office building sitting in the Koll Center in Newport Beach, CA. The property, consisting of ±127,496 square feet, is an iconic building along MacArthur Boulevard, and presents a rare large occupancy opportunity for an owner-user in the one of the most sought-after cities in the nation.
►FLEXIBLE USER OPPORTUNITY | An owner-user could immediately occupy ±61,888 square feet of contiguous space on a portion of the second floor coupled with both the third and fourth floors. The building provides functional floorplans that allow for multi-tenanting in the event an owner-user did not need the full blocks of space. This would help promote gradual growth into the building or create a great opportunity to lease up any unused space.
►CONTEMPORARY OFFICE | The building has contemporary office finishes and improvements, including an impressive lobby with a vertical garden and mural, outdoor amenity and recreation space, expansive patios on the second and third floors, good ceiling heights, and exposed ceilings in select floors/suites.
►STRONG EXISTING TENANTS | Currently ±51.5% leased, the offering does provide some initial cash flow along with having a great tenant roster including the likes of Wells Fargo, who has been at the project since its inception; ART Health Cancer Center, who recently signed a 10-year lease on the ground floor for a cancer treatment center; and Premier Workspaces, to name a few.