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Sterling Medical Office Building

Off-Market

2 Osborn Street, Irvine, CA 92604

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  • Property Type Office - Medical Office
  • Property Size 46,800 Sqft
  • Lot Size 2.84 Acre
  • Parking Spaces Avail. 260
  • Parking Ratio 5.56/ 1,000 SF

Location

  • City Irvine, CA
  • Neighborhood Woodbridge
  • Zip Code 92604
  • Market Orange County

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/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 (Sqft) 69,968

Irvine Office Sales Trends

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

  • 2020 Avg. Price per Sqft $469.94
  • 2020 Office Sales Volume $471.2M
  • 2020 Number of Transactions 6
View more Irvine market trends

Tax

  • Property Tax in 2021-2022 $69,926
  • Market Value $6,649,247
  • Assessed Value $6,649,247

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Sterling Medical Office Building?

Sterling Medical Office Building totals 46,800 square feet.

What is the property tax for Sterling Medical Office Building?

The property tax for Sterling Medical Office Building in 2021-2022 was $69,926.

What is the market value for Sterling Medical Office Building?

The market value for Sterling Medical Office Building in 2021-2022 was $6,649,247.

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