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Canada Business Center

Off-Market

22600 Lambert Street, Lake Forest, CA 92630

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  • Property Type Industrial - Flex - Industrial
  • Property Size 295,000 Sqft
  • Lot Size 23.27 Acre
  • Parking Spaces Avail. 1416
  • Parking Ratio 4.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1975

Location

  • City Lake Forest, CA
  • Neighborhood Lake Forest
  • Zip Code 92630
  • Market Orange County

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 19 Dec, 1997
  • 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.

  • 2020 Avg. Asking Rent $26.42
  • 2020 Office Vacancy Rate 9.00%
  • 2020 Office Completions (Sqft)
View more Lake Forest market trends

Tax

  • Property Tax in 2021-2022 $536,932
  • Market Value $51,583,963
  • Assessed Value $51,583,963

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

Frequently Asked Questions

What is the total square footage of Canada Business Center?

Canada Business Center totals 295,000 square feet.

When was this property built?

Canada Business Center was built in 1975.

When was Canada Business Center last sold?

Canada Business Center was last sold on 19 Dec, 1997.

What is the property tax for Canada Business Center?

The property tax for Canada Business Center in 2021-2022 was $536,932.

What is the market value for Canada Business Center?

The market value for Canada Business Center in 2021-2022 was $51,583,963.

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