This Office Property is Off-Market.

2521 Michelle Drive
Tustin, CA 92780 ·

153,238 SF · Office For Sale

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2521 Michelle Drive

Price N/A Property Use Type Vacant/Owner-User
Building Size 153,238 SF No. Stories 2
Property Type Office Lot Size 283,140 SF
Property Sub-type Office Building
Listing ID: 15539870 Date Created: 01/30/2008 Last Updated: 11/01/2010

Description

Property is Unpriced

High Image Institutional Quality Low Rise Corporate Headquarter Building
-"Best of Class Building"
-Pride of Ownership - immaculately maintained
-Convent Free Surface Parking with walk-up entry

Exceptional Owner-User / Development Opportunity
-Low tenant improvement costs due to the quality of the space and the generic open plan layout
-An Owner-User can enjoy a savings of 41% after tax versus leasing over a 9 year period
-Ability for a owner to occupy a portion of the building, lease out the balance and expand into the building over time
-The Property has strong demand from tenants wanting a high image office or R&D location with excellent f reeway visibility
-Low market vacancy of 6.6% with a subset of only twenty-six (26) comparable properties

Premier Orange County Airport Area Location
-AAA location in Orange County, a $104.9 billion economy, ranked 32nd largest in the world
-The Orange County/Airport Area market is one of the most highly sought after office and R&D locations in the nation
-Urbanization is further increasing Orange County/Airport Area desirability
-Orange County ranked 10th in the nation for job growth
-Strong Local Economy - Tremendous Demographics: 193,140 people within 3-miles with average household income of $100,598
-Excellent regional access via the I-5, 55 and I-405 Freeways, 261 and 241 Toll roads, Metrolink and Amtrak Station
-Conveniently located proximate to executive housing
-John Wayne/Orange County Airport is minutes away

Highlights

  • High Image Institutional Quality Low Rise Corporate HQ
  • Premier Orange County Airport Area Location
  • Exceptional Owner-User / Development Opportunity
  • Excellent regional access via the I-5, 55 and I-405

Research

2521 Michelle Drive, Tustin, CA 92780 (Orange County)

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