16752 Armstrong Avenue, Irvine, CA

Location

Map
Street

City Irvine, CA
Neighborhood Irvine Business Complex
Zip Code 92606
Market Orange County

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 30 Oct, 2013
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Irvine

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Irvine Office Market

Office rental rates are based on aggregated data of asking rates.

2020 Avg. Asking Rent $34.49
2020 Office Vacancy Rate 10.61%
2020 Office Completions (SF) 69,968

Irvine Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2020 Avg. Price per SF $469.94
2020 Office Sales Volume $471.2M
2020 Number of Transactions 6

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Tax

Property Tax in 2021-2022 $288,283
Market Value* $26,975,096
Assessed Value $26,975,096

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 16752 Armstrong Avenue?

16752 Armstrong Avenue totals 81,600 square feet.

When was this property built?

16752 Armstrong Avenue was built in 2013.

When was 16752 Armstrong Avenue last sold?

16752 Armstrong Avenue was last sold on 30 Oct, 2013.

What is the property tax for 16752 Armstrong Avenue?

The property tax for 16752 Armstrong Avenue in 2021-2022 was $288,283.

What is the market value for 16752 Armstrong Avenue?

The market value* for 16752 Armstrong Avenue in 2021-2022 was $26,975,096.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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