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23046 Avenida de la Carlota - Spectrum Tower - Spectrum Tower, Laguna Hills, CA
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23046 Avenida de la Carlota - Spectrum Tower - Spectrum Tower
Laguna Hills, CA 92653-1548 - Laguna Hills/Aliso Viejo Submarket
Total Space Avail:
Free Surface spaces are available; Ratio of 4/1,000 SF
On Site Management, Energy Star Labeled
100 SF-5,000 SF
100 SF-5,000 SF
Seven-story, elevator served office building with proactive and responsive ownership and high profile location with freeway exposure. The property has immediate access to I-5 and I-405 Freeways. Abundant free surface parking and freeway signage. Close proximity to retail amenities.
This building was awarded an Energy Star label in 2010 AND 2014 for its operating efficiency.
CBRE Inc., as exclusive advisor, is pleased to present the opportunity to acquire Spectrum Tower (the Property ), a seven-story Class A office property located in the highly desirable South Orange County office submarket of Laguna Hills, CA. The Property totals 113,208 square feet and is currently 92% leased to a strong mix of 21 local and regional tenants. The Property offers investors the ability to capitalize on well-staggered lease expirations and below market in-place rents in the incredibly strong South Orange County submarket which has experienced 836,736 square feet of absorption in the last two years and a 37% increase in rents over that timeframe.
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