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Chet Holifield Federal Building 24000 Avila Rd 1,054,233 SF 100% Leased Office Building Laguna Niguel, CA 92677 For Sale



Investment Highlights
- Orange County Investment Opportunity | The Ziggurat Building - Approx. 90 Acres, Laguna Niguel, CA
- Copy Link to Download Offering Memorandum: https://www.pcplistings.com/listings/zigguratoc/
- Tour Dates: March 4, 11, 18th from 10am - 3pm
Executive Summary
THE ZIGGURAT AT LAGUNA RIDGE - A GENERATIONAL OPPORTUNITY IN SOUTHERN CALIFORNIA
CBRE, as exclusive advisor to the General Services Administration (“GSA”), is pleased to present The Ziggurat Building located at 24000 Avila Road, Laguna Niguel, CA 92677.
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This strategic disposition of surplus federal property underscores GSA’s commitment to optimizing the federal footprint and ensuring the efficient stewardship of taxpayer dollars.
Imagine transforming a ±90-acre iconic landmark into the beating heart of innovation and economic vitality. The Ziggurat Building, affectionately known as the Ziggurat, stands as a beacon of potential in Laguna Niguel. This prime infill parcel, the largest development opportunity since the closure of MCAS El Toro, offers an unparalleled canvas for visionary end users to build a thriving ecosystem that drives growth, creates jobs, and fosters cutting-edge advancements.
The Ziggurat Building is now being offered for sale completely vacant, setting the stage for a massive redevelopment opportunity. The recent Laguna Niguel General Plan Update (detailed later) provides a variety of redevelopment options to conform with the City’s vision.
CBRE, as exclusive advisor to the General Services Administration (“GSA”), is pleased to present The Ziggurat Building located at 24000 Avila Road, Laguna Niguel, CA 92677.
???????
This strategic disposition of surplus federal property underscores GSA’s commitment to optimizing the federal footprint and ensuring the efficient stewardship of taxpayer dollars.
Imagine transforming a ±90-acre iconic landmark into the beating heart of innovation and economic vitality. The Ziggurat Building, affectionately known as the Ziggurat, stands as a beacon of potential in Laguna Niguel. This prime infill parcel, the largest development opportunity since the closure of MCAS El Toro, offers an unparalleled canvas for visionary end users to build a thriving ecosystem that drives growth, creates jobs, and fosters cutting-edge advancements.
The Ziggurat Building is now being offered for sale completely vacant, setting the stage for a massive redevelopment opportunity. The recent Laguna Niguel General Plan Update (detailed later) provides a variety of redevelopment options to conform with the City’s vision.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,054,233 SF
Building Class
B
Year Built/Renovated
1971/2008
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
150,605 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
90.00 AC
Zoning
PI - Public/Institutional District
Parking
4,777 Spaces (4.53 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Fenced Lot
- Fitness Center
Property Taxes
| Parcel Numbers | Improvements Assessment | $41,691,526 | |
| Land Assessment | $4,930,669 | Total Assessment | $46,622,195 |
Property Taxes
Parcel Numbers
Land Assessment
$4,930,669
Improvements Assessment
$41,691,526
Total Assessment
$46,622,195
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Chet Holifield Federal Building | 24000 Avila Rd
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