• 1 & 2 Venture Plaza
  • 1 & 2 Venture Plaza
  • +1 image 1 & 2 Venture Plaza

1 & 2 Venture Plaza

Off-Market

2 Venture, Irvine, CA 92618

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 142,771 SF
  • Lot Size 5.85 Acre
  • Parking Spaces Avail. 569
  • Parking Ratio 3.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1990

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 11 Jan, 2002
  • 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 ®

    45/100 Car-Dependent

  • Transit Score ®

    31/100 Some Transit

  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Irvine, CA
  • Neighborhood Irvine Health And Science Complex
  • Zip Code 92618
  • Market Orange County

Points of Interest

  • Irvine

    1.03 miles

  • Tustin Metrolink Station

    4.60 miles

  • Tustin

    4.62 miles

  • Laguna Niguel/Mission Viejo

    8.59 miles

  • Santa Ana

    8.81 miles

  • ChargePoint

    0.27 miles

  • ChargePoint

    0.37 miles

  • Shell

    0.66 miles

  • ChargePoint

    0.98 miles

  • ChargePoint

    1.09 miles

  • Sand Canyon Service Station

    1.29 miles

  • Arco

    1.66 miles

  • Mobil

    2.14 miles

  • 76

    2.34 miles

  • Tesla Supercharger

    2.35 miles

  • 300 Parking

    0.38 miles

  • 400 Parking

    0.43 miles

  • 200 Parking

    0.53 miles

  • 100 Parking

    0.71 miles

  • P6

    0.82 miles

  • P7

    0.84 miles

  • P1

    1.04 miles

  • Amtrak Parking

    1.04 miles

  • Irvine RV Storage

    1.04 miles

  • P5

    1.12 miles

  • Marriott

    0.21 miles

  • DoubleTree

    0.28 miles

  • Courtyard

    0.30 miles

  • La Quinta Inn & Suites by Wyndham Irvine Spectrum

    1.22 miles

  • La Quinta Inn & Suites

    1.23 miles

  • Residence Inn

    2.18 miles

  • Hampton Inn Irvine Spectrum Lake Forest

    2.90 miles

  • Quality Inn

    2.93 miles

  • Sonesta Select Laguna Hills Irvine Spectrum

    2.96 miles

  • Courtyard by Marriott

    2.98 miles

  • 90 Pacifica Restaurant and Bar

    0.28 miles

  • Wendy's

    0.52 miles

  • P.F. Chang's

    0.55 miles

  • Del Taco

    0.57 miles

  • Wood Ranch BBQ & Grill

    0.58 miles

  • Paul Martin's American Grill

    0.59 miles

  • CUCINA enoteca Irvine

    0.59 miles

  • Javier's

    0.61 miles

  • The Cheesecake Factory

    0.63 miles

  • Carl's Jr.

    0.66 miles

  • Alderwood Elementary School

    1.55 miles

  • Oak Creek Elementary School

    1.86 miles

  • IVC

    1.88 miles

  • Cypress Village Elementary School

    1.89 miles

  • Irvine Valley College

    1.89 miles

  • Beacon Park School

    2.19 miles

  • Cadence Park Elementary School

    2.24 miles

  • Los Naranjos School

    2.28 miles

  • Portola High School

    2.39 miles

  • Jeffrey Trail Middle School

    2.47 miles

  • Milestones Montessori Preschool

    3.13 miles

  • KinderCare

    3.92 miles

  • Northwood Montessori

    4.59 miles

  • Canyon View Child Development Center

    4.62 miles

  • KinderCare

    4.98 miles

  • University Montessori

    5.09 miles

  • Irvine Orchard Hills Montessori

    5.14 miles

  • Boys & Girls Club of Tustin

    7.17 miles

  • KinderCare

    8.50 miles

  • Boys & Girls Club - Bluebird Branch

    8.71 miles

Frequently Asked Questions

What is the total square footage of 1 & 2 Venture Plaza?

1 & 2 Venture Plaza totals 142,771 square feet.

When was this property built?

1 & 2 Venture Plaza was built in 1990.

When was 1 & 2 Venture Plaza last sold?

1 & 2 Venture Plaza was last sold on 11 Jan, 2002.

What is the property tax for 1 & 2 Venture Plaza?

The property tax for 1 & 2 Venture Plaza in 2022-2023 was $360,874.

What is the market value for 1 & 2 Venture Plaza?

The market value* for 1 & 2 Venture Plaza in 2022-2023 was $35,616,924.
*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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