Centerstone Plaza_Property for Sale
Centerstone Plaza_Property for Sale
4010 Barranca Parkway, Irvine, CA, 92604, US

Centerstone Plaza

Description

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 107,339 SF and is currently 94.2% 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.

...

Attributes

Building area net
107,551 sf
Occupancy
94.2%
Land area gross
7 sf
Year built
1989
Year renovated
2024
Parking spaces
480
WALT
3.9 years
Parcel
452-012-08 & 452-012-06
Zoning
Woodbridge (3.1) Multi-Use Zone

Media

Investment highlights

  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 94.2% occupied, The Property is consistently 10% more occupied than its competitive set
Centerstone Plaza 4_Property for Sale
Centerstone Plaza 4_Property for Sale

Contact brokers

Centerstone Plaza (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jul 15, 2025