JLL is pleased to present Irvine Corporate Center (the property), a two story, fully stabilized office investment opportunity totaling 126,251 rentable square feet. The property is 100% leased to two tenants (both on a triple net basis); TEN: The Enthusiast Network (owned by Discovery - NASDAQ: DISCA) and Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) with six years of weighted average lease term remaining.
· Class A, two tenant office building within the Irvine business complex
· Stable and dependable cash flow
· Strong going-in yield and double-digit cash-on-cash returns
· Surrounded by expansive retail & service amenities
· Multi-family covered land play redevelopment upside