Centerstone Plaza_Pand te koop
Centerstone Plaza_Pand te koop
4010 Barranca Parkway, Irvine, CA, 92604, US

Centerstone Plaza

Beschrijving

JLL, as exclusive advisor, is pleased to present the outstanding opportunity to acquire Centerstone Plaza (the “Property”), a trophy suburban office campus consisting of three 2-story buildings, situated on 6.77 acres of land. Centerstone Plaza totals 107,028 SF and is currently 91.7% leased to a dynamic mix of high quality corporate tenants, with long historical occupancy (Over 25% of tenants have been at the property for 5+ years). The Property benefits from a high-density infill location with walkable amenities (two restaurants within 50 steps) and is surrounded by three (3) major retail centers with over thirty (30) restaurants, three (3) grocery stores, three (3) gyms and an abundance of neighborhood and business conveniences. Centerstone Plaza is also just a four (4) minute drive to the San Diego (I-405) Freeway and a six (6) minute drive to John Wayne Airport (SNA). Centerstone Plaza presents the exceptional opportunity to own an institutionally managed asset with stable in-place cashflow and strong tenant demand.

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Kenmerken

Netto gebouwoppervlakte
9.943 vierkante meter
Bezettingspercentage
91,7%
Bruto landoppervlakte
2,74 ha
Bouwjaar
1989
Renovatiejaar
2024
Parkeerplaatsen
480
WALT
3.8 jaren
Pakje
452-012-08 & 452-012-06
Bestemming
Woodbridge (3.1) Multi-Use Zone

Media

Investeringskenmerken

  1. Market-Leading Historical Occupancy with an average of 91% occupancy over the last 10 years
  2. Strong Historical Rent Growth attributing to a 4.06% CAGR over last 10 years
  3. Favorable Tenant Mix with no tenant making up more than 15% of the rent roll
  4. Growing Medical Presence making up 10.1% of the rent roll
  5. Minimal Capital Required with over $2 million spent in the last two years on bathrooms, HVAC/EMS upgrades, elevator modernizations and new roofs as of 2025
  6. Elite Suburban Campus with on-site restaurants and medical with highly affluent demand for strategic tenant mix serving the community (95th percentile on most visited office campuses in U.S., source Placer.ai)
  7. At 91.7% occupied, The Property is consistently 5% more occupied than its competitive set
Centerstone Plaza 4_Pand te koop
Centerstone Plaza 4_Pand te koop

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Laatst bijgewerkt
30 jul 2025