Listed by JLL - Irvine (Orange County), California
Unpriced
17672 Cowan Avenue
Details
APN 427-271-12
Property Type Office, Industrial
Sub Type Flex, R&D
Square Footage 36,754
Tenancy Single
Year Renovated 2021
Buildings 1
Stories 2
Acreage 1.860
Zoning 5.1 IBC Multi-Use
Parking Spaces 101 spaces
Parking per 1,000 SqFt 2.75
Investment Type Owner/User
Ground Lease No
Ceiling Height 14
Loading Docks 1
For sale: ±36,754 SF flex/R&D building in IBC
Marketing description
17672 Cowan is a unique opportunity to purchase an approximate 36,754 SF R&D/Flex building within the highly desirable Irvine Business Complex. The property is currently utilized as a CLIA-certified high-complexity clinical laboratory and the owner is willing to lease-back up to 15,000 SF or vacate the property at closing. The laboratory area can also be converted back to warehouse for more traditional industrial/R&D configurations. The property was renovated in 2020/2021 and offers up to +-3.81:1,000 parking during regular business hours (see parking agreement with 17660 Cowan).
Investment highlights
Property Highlights
- Currently used as a CLIA-certified high-complexity clinical laboratory, owner willing to vacate or lease-back up to ±15,000 SF
- Up to ±3.81 parking ratio during regular business hours with parking agreement (inquire for details)
- 100% HVAC lab/warehouse area, ±14-17 warehouse clearance and additional GL loading doors possible
- Highly desirable Irvine Business Complex location with Red Hill frontage, 5.1 IBC Multi-Use zoning
- Divisible building with common lobby, second entrance and lift, extensive skylights throughout office and warehouse/lab area
- Extensive lab/R&D improvements including lab-grade plumbing, process gas, compressed air, epoxy flooring, upgraded HVAC, etc
2020/2021 renovations include:
- Extensive Lab/R&D improvements described above
- Exterior facade, including Lucabond paneling and metal clad columns
- New tinted windows
- Exterior paint
- Entry plaza, parking lot and exterior lighting
Listing Contacts
Listed by JLL - Irvine (Orange County), California
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