Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1976
Building Area
Occupancy 100.0 %

Property Description

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.

Investment Highlights

  • 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
Last Updated Date: 16 Sep 2020
Blake Bokosky
Blake Bokosky
Senior Director, Capital Markets
License details
CA-01891944
Mark DeGiorgio
Mark DeGiorgio
Director, Capital Markets
License details
CA-02026853

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Last Updated Date: 16 Sep 2020

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