23072 Lake Center Dr | Lake Forest, CA 92630
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23072 Lake Center Dr
Lake Forest, CA 92630
Prime Value-Add Office in Orange County · Office Property For Sale
Investment Highlights
- 23072 Lake Center Drive is an exceptionally located, multi-tenant office building in Lake Forest, one of Irvine’s most desirable suburbs.
- Strategic opportunity to acquire a well-maintained office asset with significant value-add potential through leasing or occupying the vacant space.
- Nearby nationally acclaimed brands include Starbucks, Panera Bread, In-N-Out Burger, Ralph’s, HomeGoods, PetSmart, and more.
- Tenants benefit from prime regional accessibility with immediate access to the 5 Freeway, near the 405 Freeway.
- Well-positioned in a strong commercial market boasting increasing tenant demand and a positive economic trajectory.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Office
Property Subtype
Medical
Building Size
19,004 SF
Building Class
B
Year Built
1983
Percent Leased
57%
Building Height
2 Stories
Typical Floor Size
10,798 SF
Building FAR
0.60
Lot Size
0.73 AC
Zoning
MUO - A prime medical office destination poised near the vibrant Irvine Spectrum. This meticulously maintained, two-story facility features sophisticated w
Parking
75 Spaces (3.47 Spaces per 1,000 SF Leased)
zoning
| Zoning Code | MUO (A prime medical office destination poised near the vibrant Irvine Spectrum. This meticulously maintained, two-story facility features sophisticated w) |
| MUO (A prime medical office destination poised near the vibrant Irvine Spectrum. This meticulously maintained, two-story facility features sophisticated w) |
PROPERTY TAXES
| Parcel Number | 617-472-04 | Improvements Assessment | $3,296,216 |
| Land Assessment | $2,921,646 | Total Assessment | $6,217,862 |
PROPERTY TAXES
Parcel Number
617-472-04
Land Assessment
$2,921,646
Improvements Assessment
$3,296,216
Total Assessment
$6,217,862
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