UCI Research Park - 5151 California Avenue

Off-Market

5151 California Avenue, Irvine, CA 92617

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 63,440 SF
  • Lot Size 18.35 Acre
  • Parking Spaces Avail. 251
  • Parking Ratio 3.97 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2000

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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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 2021 Avg. Asking Rent $34.73
  • 2021 Office Vacancy Rate 15.70%
  • 2021 Office Completions (SF) 344,353

Irvine Office Sales Trends

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

  • 2021 Avg. Price per SF $423.32
  • Y-o-Y Avg. PpSF Change -9.12%
  • 2021 Office Sales Volume $424.3M
  • 2021 Number of Transactions 10
View more Irvine market trends

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent
  • Transit Score ®

    29/100 Some Transit
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Irvine, CA
  • Neighborhood Uc Irvine
  • Zip Code 92617
  • Market Orange County

Points of Interest

  • Tustin Metrolink Station

    5.47 miles

  • Tustin

    5.48 miles

  • Irvine

    7.14 miles

  • Santa Ana

    7.69 miles

  • Chevron

    0.47 miles

  • Shell

    1.64 miles

  • Shell

    1.66 miles

  • Chevron

    1.72 miles

  • Chevron

    1.82 miles

  • Arco

    2.32 miles

  • Chevron

    2.42 miles

  • eVgo

    2.47 miles

  • Chevron

    2.51 miles

  • 76

    2.69 miles

  • Lot 70

    0.29 miles

  • Lot 16B

    0.52 miles

  • Lot 13

    0.63 miles

  • University Park And Ride

    0.67 miles

  • Mesa Parking Structure (MPS)

    0.88 miles

  • Lot 14A

    0.97 miles

  • Lot 18R

    1.03 miles

  • Student Center Parking Structure (SCPS)

    1.06 miles

  • Lot 14

    1.06 miles

  • Anteater Parking Structure

    1.09 miles

  • Newport Beach Marriott Bayview

    1.14 miles

  • Renaissance Newport Beach Hotel

    1.90 miles

  • Extended Stay America - Orange County - John Wayne Airport

    1.97 miles

  • Radisson Hotel Newport Beach

    1.98 miles

  • VEA Newport Beach, a Marriott Resort & Spa

    2.15 miles

  • Ayres Hotel

    2.28 miles

  • AC Hotel by Marriott Irvine

    2.29 miles

  • Hilton Irvine/Orange County Airport

    2.39 miles

  • Travelodge by Wyndham Orange County Airport/ Costa Mesa

    2.41 miles

  • Atrium Hotel

    2.44 miles

  • Chipotle

    0.25 miles

  • Johnny's Real NY Pizza

    0.25 miles

  • Stack's Pancakes

    0.26 miles

  • The Stand

    0.26 miles

  • Jersey Mike's Subs

    0.26 miles

  • Wasa Sushi

    0.28 miles

  • Panera Bread

    0.28 miles

  • Pei Wei

    0.28 miles

  • Islands

    0.32 miles

  • Eddie V's Prime Seafood

    0.35 miles

  • Office of Academic Integrity & Student Conduct

    0.56 miles

  • Interior Design Institute

    0.56 miles

  • University of California, Irvine

    0.91 miles

  • UCI Campus Assault Resources & Education (CARE)

    0.96 miles

  • Aldrich Hall

    1.01 miles

  • Corona del Mar High School

    1.33 miles

  • Roy O Anderson Elementary School

    1.33 miles

  • English Language School

    1.39 miles

  • Vista Verde School

    1.82 miles

  • OCFC

    2.00 miles

  • University Montessori

    1.11 miles

  • Environmental Nature Center Nature Preschool

    3.24 miles

  • KinderCare

    4.72 miles

  • KinderCare

    4.82 miles

  • Boys & Girls Club of Tustin

    7.04 miles

  • KinderCare

    7.47 miles

  • Kinderland Academy

    7.81 miles

  • Kiddie Academy

    8.02 miles

  • Milestones Montessori Preschool

    8.17 miles

  • Northwood Montessori

    8.36 miles

Frequently Asked Questions

What is the total square footage of UCI Research Park - 5151 California Avenue?

UCI Research Park - 5151 California Avenue totals 63,440 square feet.

When was this property built?

UCI Research Park - 5151 California Avenue was built in 2000.

What is the market value for UCI Research Park - 5151 California Avenue?

The market value* for UCI Research Park - 5151 California Avenue in 2022-2023 was $34,434,508.
*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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