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799 Commercial Real Estate Listings in Irvine, CA

  • 2042 Business Center Drive, Irvine Business Complex, Irvine, CA 92612
    For Lease Contact for pricing
    Property
    • Office
    • 250 Sqft
    Availability Contact for availability
  • Irvine Concourse - Irvine
    2050 Main Street, Irvine Business Complex, Irvine, CA 92614
    For Lease $30 - $40.2/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 8,957 Sqft
  • Lakeshore Towers I - Irvine
    18101 Von Karman Avenue, Irvine Business Complex, Irvine, CA 92614
    For Lease $40.68 - $44.52/Sqft/Year
    Property
    • Office
    Availability
    • 17 Spaces
    • 147,431 Sqft
  • Irvine Towers - Irvine
    18400 Von Karman Avenue, Irvine Business Complex, Irvine, CA 92612
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 28,338 Sqft
  • Irvine Concourse - Irvine
    2100 Main Street, Irvine Business Complex, Irvine, CA 92614
    For Lease $32.4/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,853 Sqft
  • Executive Park - Irvine
    4 Executive Circle, Irvine Business Complex, Irvine, CA 92714
    For Lease $28.2/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 2,553 Sqft
  • 2211 Michelson - Irvine
    2211 Michelson, Irvine Business Complex, Irvine, CA 92612
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 11 Spaces
    • 74,528 Sqft
  • MacArthur Plaza - Irvine
    19000 MacArthur Boulevard, Irvine Business Complex, Irvine, CA 92612
    For Lease $32.4/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 17,005 Sqft
  • Von Karman Towers - Irvine
    18301 Von Karman Avenue, Irvine Business Complex, Irvine, CA 92612
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 7,237 Sqft
  • Lakeshore Towers III - Irvine
    18111 Von Karman Avenue, Irvine Business Complex, Irvine, CA 92612
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 6 Spaces
    • 109,267 Sqft
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  • Park Place - Irvine
    3333 Michelson Drive, Irvine Business Complex, Irvine, CA 92715
    For Lease $39.6/Sqft/Year
    Property
    • Office
    Availability
    • 10 Spaces
    • 62,531 Sqft
  • Lakeshore Towers II - Irvine
    18191 Von Karman Avenue, Irvine Business Complex, Irvine, CA 92612
    For Lease $40.2 - $40.44/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 4,261 Sqft
  • UCI Research Park - 101 & 111 Academy Drive - Irvine
    101 Academy Drive, Uc Irvine, Irvine, CA 92617
    For Lease $27 - $27.84/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 30,972 Sqft
  • Pacifica Plaza - Irvine
    100 Pacifica, Irvine Health and Science Complex, Irvine, CA 92618
    For Lease $2.95/Sqft/Month
    Property
    • Office
    Availability
    • 3 Spaces
    • 10,333 Sqft
  • Airport Business Center - 17775-17801, 18001-18013 & 18092-18103 Sky Park Circle - Irvine
    18103 Sky Park Circle, Irvine Business Complex, Irvine, CA 92614
    For Lease $20.4/Sqft/Year
    Property
    • Industrial
    Availability
    • 6 Spaces
    • 9,804 Sqft
  • Laguna Canyon - 15770 & 15776 Laguna Canyon Road - Irvine
    15770 Laguna Canyon Road, Irvine Spectrum, Irvine, CA 92618
    For Lease $2/Sqft/Month
    Property
    • Industrial
    Availability
    • 1 Space
    • 4,519 Sqft
  • Lakeview Business Center - 50 Technology Drive West - Irvine
    50 Technology Drive West, Irvine Health and Science Complex, Irvine, CA 92618
    For Lease $1.75/Sqft/Month
    Property
    • Office
    Availability
    • 1 Space
    • 60,547 Sqft
  • 16485 Laguna Canyon Road - Irvine
    16485 Laguna Canyon Road, Irvine Spectrum, Irvine, CA 92618
    For Lease $33/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 4,635 Sqft
  • Airport Business Center - 17881-17895 & 17922-17982 Sky Park Circle - Irvine
    17922 Sky Park Circle, Irvine Business Complex, Irvine, CA 92614
    For Lease $20.4 - $22.8/Sqft/Year
    Property
    • Industrial
    Availability
    • 3 Spaces
    • 5,436 Sqft
  • MacArthur Corporate Center - Irvine
    17661 Cowan, Irvine Business Complex, Irvine, CA 92614
    For Lease $26.4/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 9,652 Sqft
  • UCI Research Park - 5171 California Avenue - Irvine
    5171 California Avenue, Uc Irvine, Irvine, CA 92617
    For Lease $2.35/Sqft/Month
    Property
    • Office
    Availability
    • 2 Spaces
    • 47,424 Sqft
  • Jamboree Business Park - Irvine
    14430 Myford Road, Walnut, Irvine, CA 92606
    For Lease $0.88/Sqft/Month
    Property
    • Industrial
    Availability
    • 1 Space
    • 58,821 Sqft
  • 16450 Scientific Way - Irvine
    16450 Scientific Way, Irvine Health and Science Complex, Irvine, CA 92618
    For Lease $33/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 26,451 Sqft
  • Oak Creek Business Center - 6400 & 6410 Oak Canyon - Irvine
    6400 Oak Canyon, Oak Creek, Irvine, CA 92618
    For Lease $1.95/Sqft/Month
    Property
    • Office
    Availability
    • 2 Spaces
    • 22,286 Sqft
  • BaccHus Signature Series - Irvine
    9780 Irvine Center Drive, Irvine Health and Science Complex, Irvine, CA 92618
    For Lease $1.97 - $2.45/Sqft/Month
    Property
    • Office
    Availability
    • 3 Spaces
    • 17,023 Sqft

Irvine, CA Commercial Real Estate

There are currently 790 commercial listings available in Irvine, CA. These listings include 928 commercial spaces that encompass a total of 7,918,361 square feet. Available commercial spaces in Irvine, CA range in size from 250 square feet to 144,234 square feet. A total of 507 off-market commercial properties located in Irvine, CA are also available for research.

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Irvine, CA Economic Overview

Location Photo

Nestled in a broad flat valley flanked by hills, ridges, plateaus and canyons, the City of Irvine is the nerve center of Orange County and the 28th-largest city in the state of California. Its location 7 miles from the Pacific Ocean, 45 miles south of Los Angeles, and 90 miles north of San Diego makes it the perfect getaway to the finest attraction sites of Southern California, such as Disneyland Park (which is just 23 miles away).

It is a perfectly planned city, endowed with natural beauty, temperate climate and diverse cultures. It is home to world-class education institutions, innovation, and business and is the safest big city since 2005, according to the FBI. Just recently, it was ranked by Niche as the 10th best city to live in America.

Irvine is a dynamic city with a robust economic ecosystem. Over a third of Fortune 500 companies have a presence in the city and about half of publicly traded companies native to Orange County are based in the metropolis. The fact that the population of Irvine more than doubles during the day goes to show the key role it plays as the region’s job engine. Economic hubs within the city are the Irvine Business Complex (IBC) and the Irvine Spectrum, which account for more than 150,000 jobs. Industries central to its economy are advanced manufacturing, information and technology, life science and aerospace.

In 2015, it was ranked as the 3rd small American city of the future by the Financial Times of London, for its vast economic potential. It hosts many startups and increasingly more global companies expanding to America are finding a home in Irvine.

Tourism is also big business here – in 2014, visitors contributed over half a billion dollars to the local economy.

Irvine, CA Commercial Real Estate Market

A thriving local economy has made the Irvine commercial real estate market one of the tightest in America.

The industrial space market is experiencing record occupancy levels that are pushing the asking rents up. There is high demand for aerospace, high-tech, manufacturing and logistics industrial space throughout Orange County. In the first quarter of 2017, the industrial space vacancy rate had fallen to 2.0% from the 2.2% same time the previous year. The net absorption for the previous 12 months ending in the first quarter was 1.2 million square foot of office space.

The Irvine office market had a solid start in 2017, with reduced vacancy levels and increased rental rates. A booming business environment has translated into high demand for office space, as companies expand. The office space vacancy rate has been on a steady decline over the last seven years, from a high of 20.0% to 12.2% in the first quarter of 2017.

Irvine, CA Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Irvine, CA Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Irvine, CA Commercial Inventory Breakdown

Office Spaces

Total: 42,339,758 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 13,103,594 SF / 30.95% of total office
  • 100k to 500k SF: 25,684,859 SF / 60.66% of total office
  • 500k to 1M SF: 2,251,305 SF / 5.32% of total office
  • > 1M SF: 1,300,000 SF / 3.07% of total office

By class:

  • Class A+: 1,379,237 SF / 3.26% of total office
  • Class A: 20,855,935 SF / 49.26% of total office
  • Class B: 18,385,668 SF / 43.42% of total office
  • Class C: 171,574 SF / 0.41% of total office

Industrial

Total: 21,958,705 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 4,779,087 SF / 21.76% of total industrial
  • 100k to 500k SF: 14,897,926 SF / 67.85% of total industrial
  • 500k to 1M SF: 1,088,000 SF / 4.95% of total industrial
  • > 1M SF: 1,193,692 SF / 5.44% of total industrial

By class:

  • Class A: 12,940,401 SF / 58.93% of total industrial
  • Class B: 9,018,304 SF / 41.07% of total industrial

Office Spaces with Retail

Total: 7,526,702 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 1,280,477 SF / 17.01% of total office with retail
  • 100k to 500k SF: 4,124,266 SF / 54.8% of total office with retail
  • 500k to 1M SF: 921,959 SF / 12.25% of total office with retail
  • > 1M SF: 1,200,000 SF / 15.94% of total office with retail

Employment in Irvine, CA

Employment

Irvine has a booming labor market. Its current unemployment rate of 3.7% is one of the lowest in the state of California, where the average unemployment rate stands at 5.0%. There were about 200,000 jobs in Irvine in 2016. Against a local population of 250,000, its job-to-population ratio of 94.8% was the highest out of all cities the size of Irvine or larger. Median household income in Irvine is arguably the highest in California. In 2015, it stood at $93,718.

Irvine’s biggest employers, as of November 2016 stats, include:

  • The University of California, Irvine (UC Irvine) has continued to hold its position as the biggest employer for a long time, with 20,386 employees
  • Edwards Lifesciences, which makes specialized medical devices, at 2,987 workers.
  • The Unified Irvine School District (IUSD), with 2,749 employees.
  • Video game developer Blizzard Entertainment was a close fourth, with 2,622 workers.
  • Broadcom Corporation (now Broadcom Limited) was the fifth-largest employer, with 1,900 workers.

Other major employers were Parker Hannifin (aircraft), Nationstar Mortgage (mortgage), Gladwell Laboratories (dental devices), 24 Hour Fitness (health and fitness) and Thales Avionics all with a combined workforce of 7,644.

Education in Irvine, CA

From elementary schools to the college and university level, Irvine has a world-class education system. The IUSD is one of the finest public school systems in the nation and its students have consistently outperformed other student in the Orange County in SAT test scores. Over 90% of college graduates go to college.

UC Irvine is the biggest university in Irvine. Other institutions of higher learning in Irvine are California Southern University, Paramount California University, Concordia University, Irvine Valley College, Westcliff University, Fuller Theological Seminary, Stanbridge College, Orange County Campus and several others.

Commuting Time in Irvine, CA

Traffic is increasingly becoming heavy in Irvine, due to its ballooning population, and the high number of people who commute to Irvine for work. In general, the commute time in Irvine is wide. The percentage of commuters who take less than 5 minutes to work is virtually the same with the percentage of those who take 90+ minutes. The average commute time is 25.29 minutes. About 82% of the population uses their own car to work, 10% carpool with friends and colleagues, and 1% uses the public transportation system.

Irvine Demographics

Population

  • Total Population273,157
  • Male Population(49.0 %) 133,916
  • Female Population(51.0 %) 139,241
  • Median Age34.20

Income/Financial

  • Average Household Income$135,876
  • Median Household Income$105,126
  • Median Income Under 25$11,531
  • Median Income 25-44$112,725
  • Median Income 45-64$127,349
  • Median Income Over 65$68,627

News

City of Hope plans call for an acute care cancer hospital on the undeveloped acreage, which would be the first hospital in Orange County that is dedicated exclusively to the treatment of cancer, and is estimated to deliver in 2025.

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