UCI Research Park - 121 & 131 Innovation Drive

121 Innovation Drive, Irvine, CA 92617

Property Information

  • For Lease $24.00/SF/YR
  • Property Type Office - General Office
  • Property Size 88,480 SF
  • Lot Size 14.48 Acre
  • Parking Spaces Avail. 355
  • Parking Ratio 4.02 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2000
  • Date Updated May 4, 2026

Description

UCI Research Park at 121 Innovation Drive is an 88,480-square-foot office building situated on a generous 14.48-acre lot, offering 355 parking spaces with a parking ratio of 4.02 spaces per 1,000 square feet. Constructed in 2000, this Class B building is tailored for general office use, providing a professional environment in a well-maintained setting. Its spacious layout and ample parking make it suitable for businesses seeking convenience and functionality.

Nestled in the UC Irvine neighborhood, the property benefits from its proximity to a variety of amenities. Dining options, such as Pei Wei, Chipotle, and Panera Bread, are within walking distance, while nearby parking facilities like University Park and Ride and Health Sciences Parking Structure are less than half a mile away. The University of California, Irvine campus is just under a mile, adding academic vibrancy and additional resources to the area. Several hotel accommodations, including the Newport Beach Marriott Bayview and Renaissance Newport Beach Hotel, are available within a two-mile radius, providing convenient options for visiting clients and employees.

3 Spaces Available

121 Innovation Dr #100

Space Type

R&D - Office

Lease Rate

Contact for pricing

Total Space

13,278 SF

Divisible Space

2,000 - 13,278 SF

Available Date

Immediate

Renewal Option

No

Sublease

Yes

Sublease Expiry

Jun 30, 2026

2,000 to 5,000 SF of shared office & lab space + Total premises 13,278 SF + Sublease term through June 30th 2026 + Rental Rate: Withheld + Located in Prestigious UCI Research Park + Sublessor: Global biotech diagnostics company + Shared pristine lab infrastructure, see page 3 floor plan key + Reception, open ceiling, polished concrete, open office area, two private offices, conference room, kitchenette, copy/printer station

+ Shared areas marked with X: Top 4 rooms are lab, bottom 3 are conference room/ offices, kitchenette + Shared areas marked with Rectangle: Open office area (no furniture currently in place)

131 Innovation Drive #200

Space Type

General Office

Lease Rate

$2.00/SF/MO

Total Space

10,362 SF

Divisible Space

10,362 - 22,120 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

$2/SF Broker Bonus for 5+ year lease deals & $1/SF Broker Bonus for 3+ year lease deals for NEW customers. Exclusions apply. Expires 6/30/2026

  

131 Innovation Drive #250

Space Type

General Office

Lease Rate

$2.00/SF/MO

Total Space

11,758 SF

Divisible Space

11,758 - 22,120 SF

Available Date

Jul 1, 2026

Lease Type

NNN

Renewal Option

Yes

Sublease

No

$2/SF Broker Bonus for 5+ year lease deals & $1/SF Broker Bonus for 3+ year lease deals for NEW customers. Exclusions apply. Expires 6/30/2026

  

Contacts

Scott Tippett

Irvine Company

Jeffrey Shaw

Irvine Company

Robina Ahmadi

Irvine Company

Location

Located at 121 Innovation Drive, Irvine, CA 92617, this property is part of the Uc Irvine neighborhood and Orange County market.

Contact UCI Research Park - 121 & 131 Innovation Drive
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