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Koll Center Newport - 4340 Von Karman Avenue

Off-Market

4340 Von Karman Avenue, Newport Beach, CA 92660

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  • Property Type Office - General Office
  • Property Size 65,485 Sqft
  • Lot Size 0.76 Acre
  • Parking Spaces Avail. 187
  • Parking Ratio 2.87/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 1976

Location

  • City Newport Beach, CA
  • Neighborhood Santa Ana Heights
  • Zip Code 92660
  • 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 18 Mar, 2005
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Newport Beach

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 Newport Beach Office Market

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

  • 2020 Avg. Asking Rent $38.55
  • 2020 Office Vacancy Rate 11.89%
  • 2020 Office Completions (Sqft) 29,991
View more Newport Beach market trends

Tax

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Frequently Asked Questions

What is the total square footage of Koll Center Newport - 4340 Von Karman Avenue?

Koll Center Newport - 4340 Von Karman Avenue totals 65,485 square feet.

When was this property built?

Koll Center Newport - 4340 Von Karman Avenue was built in 1976.

When was Koll Center Newport - 4340 Von Karman Avenue last sold?

Koll Center Newport - 4340 Von Karman Avenue was last sold on 18 Mar, 2005.

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