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25371 Commercentre Dr
Lake Forest, CA 92630
71 at the Park · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
37,090 SF
Building Class
B
Year Built
1999
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
18,545 SF
Slab To Slab
12’
Building FAR
1.44
Lot Size
0.59 AC
Zoning
Office
Parking
115 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Atrium
  • Controlled Access
  • Courtyard
  • Kitchen
  • Accent Lighting
  • High Ceilings
  • Natural Light
  • Outdoor Seating
  • Air Conditioning

ABOUT 25371 COMMERCENTRE DR , LAKE FOREST, CA 92630

HIGH-IMAGE CREATIVE OFFICE INVESTMENT OPPORTUNITY WITH PROXIMITY TO THE IRVINE SPECTRUM › Well-appointed campus setting, featuring generous onsite amenities, well-decorated common areas, exceptional glass line with hillside views, and frontage on Bake Parkway. › Recent renovations—totaling over $1.2 million— include the modernization of a two-story lobby with high finishes, new restrooms, exposed ceilings, creative buildouts and outdoor community spaces. › 100% NNN leased to well-established tenants —anchored by publicly traded Comtech Telecommunications Corporation (CMTL), a technology leader, on a 5-year lease—which provides stability and certainty, as well as strong leveraged returns in year 1 and 3 of 8.72% and 9.83% respectively.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
610-362-10
Land Assessment
$4,828,167
Improvements Assessment
$3,637,833
Total Assessment
$8,466,000
  • Listing ID: 12361553

  • Date on Market: 4/24/2018

  • Last Updated:

  • Address: 25371 Commercentre Dr, Lake Forest, CA 92630

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