10 Chrysler, Irvine, CA
Rare Owner-User Opportunity in Irvine Spectrum Market | Irvine, CA
Marketing description
CORE MARKET
Orange County is widely considered within the top investment regions in the Americas among investors in 2025, reflecting the county’s strong absorption, low vacancy, and sustained rent growth. With strong employment and an attractive quality of life, Orange County is a highly sought-after gateway market.
TIGHT MARKET FUNDAMENTALS
Orange County has one of the tightest industrial markets in the country, with a vacancy rate of 4.1% in Q2 2025 (CBRE Econometric Advisors). Investors and tenants entering the Orange County industrial market face an incredible challenge, with limited options and limited new deliveries despite growing demand.
HIGHLY DESIRABLE LOCATION
The asset is at the center of a dynamic and increasingly urbanized business core – The Irvine Spectrum Submarket – that is next to some of Southern California’s best beach cities. Widely recognized as one of the nation’s most desirable places to live and work, Irvine offers a highly educated labor pool, proximity to University of California-Irvine, and unparalleled amenities for corporate tenants and residents.
RESORT-STYLE AMENITIES
The Irvine Spectrum submarket’s intrinsically irreplaceable location is highlighted by its proximity to world-class beaches, entertainment, shopping, dining, and cultural and outdoor activities. Nearby live-work-play destinations include the Great Park, Irvine Spectrum Center, Fashion Island, South Coast Plaza, The Marketplace, and many more.
Investment highlights
ATTRACTIVE INDUSTRIAL/FLEX OFFERING
10 Chrysler presents a unique opportunity to acquire a building in one of the most dominant economic regions in the world. The ±19,160 sq. ft. building is situated in Irvine’s Industrial Complex-East within the prestigious Irvine Spectrum submarket, providing strategic access to the I-405/I-5 Freeway interchange, SR-241 and SR-133, as well as the region’s abundance of amenities.
IDEAL OWNER-USER INVESTMENT
For an owner-user, this offering would be an ideal corporate headquarter investment that provides an attractive lease-saving trade-off. As opposed to leasing space, a purchase provides new ownership with protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits, and after-tax equity accumulation.
FAVORABLE INDUSTRIAL ZONING
Currently utilized as a flex building with executive office space in addition to the warehouse and manufacturing/assembly areas, the site’s M1 zoning permits a plethora of industrial uses, providing new ownership with the ability to convert the building into a more standard industrial facility if desired.
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