Create Tustin - 14101 Myford Road - 14101 Myford Road, Tustin, CA

Property Type Office - Government Office
Property Size 66,818 SF
Lot Size 4.22 Acre
Parking Spaces Avail. 267
Parking Ratio 4.00/ 1,000 SF
Property Tenancy Single Tenant
Building Class B
Year Built 2005

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 23 Oct, 2019
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 $390,877
Market Value* $36,575,032
Assessed Value $36,575,032

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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 Create Tustin - 14101 Myford Road?

Create Tustin - 14101 Myford Road totals 66,818 square feet.

When was this property built?

Create Tustin - 14101 Myford Road was built in 2005.

When was Create Tustin - 14101 Myford Road last sold?

Create Tustin - 14101 Myford Road was last sold on 23 Oct, 2019.

What is the property tax for Create Tustin - 14101 Myford Road?

The property tax for Create Tustin - 14101 Myford Road in 2021-2022 was $390,877.

What is the market value for Create Tustin - 14101 Myford Road?

The market value* for Create Tustin - 14101 Myford Road in 2021-2022 was $36,575,032.
*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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