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Corporate Plaza 12 Corporate Plaza Dr

18,850 SF 100% Leased Office Building Newport Beach, CA 92660 $39,811,771 CAD ($2,112 CAD/SF)

Executive Summary

Extremely rare opportunity to own both land and building in some of the most sought out for land in Orange County. Fashion Island continues to explode with more hotels including the newly remodeled Vea which will include Ritz Carlton residences, and the brand new, high end Pendry. The retail side of fashion island will also host a Restoration Hardware superstore and high end restaurants like Joey & Flemings. Newport Center is also home to many businesses such as Chipotle, Pacific Life, Pimco and the Irvine Company. 12 corporate plaza was fully remodeled in and has amazing deck views of the Pacific Ocean / Catalina. The building stands alone with ample parking space surrounding the property. This is a lifestyle office experience with decks, balconies, outdoor fire pit, showers, and much more.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
18,850 SF
Building Class
B
Year Built/Renovated
1975/2011
Price
$39,811,771 CAD
Price Per SF
$2,112 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,425 SF
Slab To Slab
11’
Building FAR
0.57
Lot Size
0.76 AC
Zoning
PC

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200
  • 4,041 SF
  • Office
  • -
  • 30 Days

Creative Office Space in Newport Center Drive with Ocean / Catalina views, dedicated balconies, and a fresh air office experience. Fully Furnished and Cabled.

  • 2nd Fl-Ste 250
  • 4,157 SF
  • Office
  • -
  • 60 Days

Premier Newport Center Office Space in a low-rise, fresh air building that is walking distance to all the amenities of Fashion Island and Corona Del Mar Plaza. Functional space with 9-10 offices, 1-2 conference rooms, kitchenette, and open bull-pen area for 6-10 work stations.

Space Size Space Use Condition Available
2nd Fl-Ste 200 4,041 SF Office - 30 Days
2nd Fl-Ste 250 4,157 SF Office - 60 Days

2nd Fl-Ste 200

Size
4,041 SF
Space Use
Office
Condition
-
Available
30 Days

2nd Fl-Ste 250

Size
4,157 SF
Space Use
Office
Condition
-
Available
60 Days

2nd Fl-Ste 200

Size 4,041 SF
Space Use Office
Condition -
Available 30 Days

Creative Office Space in Newport Center Drive with Ocean / Catalina views, dedicated balconies, and a fresh air office experience. Fully Furnished and Cabled.

2nd Fl-Ste 250

Size 4,157 SF
Space Use Office
Condition -
Available 60 Days

Premier Newport Center Office Space in a low-rise, fresh air building that is walking distance to all the amenities of Fashion Island and Corona Del Mar Plaza. Functional space with 9-10 offices, 1-2 conference rooms, kitchenette, and open bull-pen area for 6-10 work stations.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
442-271-12
Land Assessment
$2,828,709 CAD
Improvements Assessment
$2,370,320 CAD
Total Assessment
$5,199,029 CAD
  • Listing ID: 29707787

  • Date on Market: 2023-10-04

  • Last Updated:

  • Address: 12 Corporate Plaza Dr, Newport Beach, CA 92660

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