71 at the Park

Off-Market

25371 Commercentre Drive, Lake Forest, CA 92630

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 36,675 SF
  • Lot Size 0.59 Acre
  • Parking Spaces Avail. 146
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1999

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 01 Oct, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Lake Forest

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 Lake Forest Office Market

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

  • 2022 Avg. Asking Rent $27.65
  • 2022 Office Vacancy Rate 14.52%
  • 2022 Office Completions (SF)

Lake Forest Office Sales Trends

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

  • 2022 Avg. Price per SF $288.77
  • Y-o-Y Avg. PpSF Change 43.25%
  • 2022 Office Sales Volume $115.2M
  • 2022 Number of Transactions 7
View more Lake Forest market trends

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent
  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lake Forest, CA
  • Neighborhood Lake Forest
  • Zip Code 92630
  • Market Orange County

Points of Interest

  • Irvine

    2.83 miles

  • Tustin Metrolink Station

    7.47 miles

  • Tustin

    7.48 miles

  • Laguna Niguel/Mission Viejo

    7.91 miles

  • Chevron

    1.06 miles

  • Chevron

    1.21 miles

  • Shell

    1.24 miles

  • Mobil

    1.32 miles

  • Shell

    1.40 miles

  • Chevron

    1.54 miles

  • Arco

    1.58 miles

  • Mobil

    1.79 miles

  • Arco

    1.87 miles

  • Mobil

    2.03 miles

  • Visitor Parking

    1.06 miles

  • Whiting Ranch Parking

    1.58 miles

  • Staff Parking

    1.60 miles

  • Edison Trail Horse Staging Area

    2.16 miles

  • Saddleback Valley Com Church Park And Ride

    2.22 miles

  • Whiting Ranch Staging Area

    2.58 miles

  • Amtrak Parking

    2.85 miles

  • P4

    2.89 miles

  • P5

    2.93 miles

  • P3

    3.19 miles

  • Candlewood Suites

    0.92 miles

  • Staybridge Suites Irvine East - Lake Forest

    0.93 miles

  • Holiday Inn Express & Suites

    1.11 miles

  • Extended Stay America - Orange County - Lake Forest

    1.34 miles

  • Hilton Garden Inn

    1.62 miles

  • Hampton

    1.66 miles

  • Residence Inn

    1.88 miles

  • Courtyard by Marriott

    1.95 miles

  • Quality Inn

    3.21 miles

  • Hampton Inn Irvine Spectrum Lake Forest

    3.25 miles

  • Empenada Man

    1.02 miles

  • Baja Fresh

    1.08 miles

  • Subway

    1.11 miles

  • Wienerschnitzel

    1.12 miles

  • Fuji Grill

    1.12 miles

  • Los Cabos Sports Bar & Grill

    1.14 miles

  • Carl's Jr. & Green Burrito

    1.17 miles

  • Food Court

    1.21 miles

  • KFC

    1.22 miles

  • McDonald's

    1.23 miles

  • Phoenix Feather

    1.32 miles

  • Woodcrest Pre-School

    1.43 miles

  • Rancho Cañada Elementary School

    1.46 miles

  • Portola High School

    1.61 miles

  • Lake Forest Elementary School

    1.73 miles

  • Foothill Ranch Elementary School

    1.77 miles

  • La Madera Elementary School

    1.83 miles

  • El Toro High School

    1.97 miles

  • Del Lago Elementary School

    2.16 miles

  • Trabuco Hills High School

    2.20 miles

  • KinderCare

    1.37 miles

  • Milestones Montessori Preschool

    3.33 miles

  • KinderCare

    4.98 miles

  • Northwood Montessori

    5.60 miles

  • Canyon View Child Development Center

    5.65 miles

  • Irvine Orchard Hills Montessori

    6.27 miles

  • KinderCare

    7.08 miles

  • University Montessori

    8.88 miles

  • Childtime

    9.27 miles

  • Boys & Girls Club of Tustin

    9.69 miles

Frequently Asked Questions

What is the total square footage of 71 at the Park?

71 at the Park totals 36,675 square feet.

When was 71 at the Park last sold?

71 at the Park was last sold on 01 Oct, 2018.

What is the property tax for 71 at the Park?

The property tax for 71 at the Park in 2023-2024 was $130,434.

What is the market value for 71 at the Park?

The market value* for 71 at the Park in 2023-2024 was $12,542,619.
*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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