14661 Franklin Avenue, Tustin, CA

Property Type Office - General Office
Property Size 38,616 SF
Lot Size 2.23 Acre
Parking Spaces Avail. 133
Parking Ratio 3.47/ 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1986

Location

Map
Street

City Tustin, CA
Neighborhood Tustin
Zip Code 92780
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 30 Jul, 2007
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Tustin

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

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Tustin Office Market

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

2020 Avg. Asking Rent $33.75
2020 Office Vacancy Rate 20.32%
2020 Office Completions (SF)

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Tax

Property Tax in 2021-2022 $96,920
Market Value* $9,068,991
Assessed Value $9,068,991

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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 14661 Franklin Avenue?

14661 Franklin Avenue totals 38,616 square feet.

When was this property built?

14661 Franklin Avenue was built in 1986.

When was 14661 Franklin Avenue last sold?

14661 Franklin Avenue was last sold on 30 Jul, 2007.

What is the property tax for 14661 Franklin Avenue?

The property tax for 14661 Franklin Avenue in 2021-2022 was $96,920.

What is the market value for 14661 Franklin Avenue?

The market value* for 14661 Franklin Avenue in 2021-2022 was $9,068,991.
*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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