CBRE is pleased to offer for sale 17900 Von Karman, a turnkey, move-in-ready headquarters opportunity in one of Orange County’s premier business addresses. Fully renovated with all three floors newly built out, furnished, and finished, the 71,864 SF building sits on one of the best unencumbered land parcels remaining in the Irvine Business Complex, positioned at the heart of the Greater Airport Area with immediate freeway, toll road, and airport access. The property gives an owner-user the ability to occupy immediately while securing a top location, full building control, and long-term economics that compare favorably to leasing comparable space in the market.
Investment Highlights
* Turnkey Occupancy | All three floors of the 71,864 SF building were fully renovated in 2019, with more than $10 million invested in creative, high-end finishes, open
ceilings, furniture, and private balconies on the second and third floors. An owner can occupy the building with minimal capital outlay.
* Top Intersection | The corner of Von Karman and Main is a highly visible and central intersection in Orange County, in the heart of Irvine’s business ecosystem where the city’s live-work aspirations continue to reach new heights. Anchoring Irvine's top intersection are, arguably, the city's one-of-one real estate projects: Park Place, Central Park West and The Irvine Concourse.
* One-of-One Building | No other building is available for sale that would offer an owner-user immediate turnkey occupancy between 30,000 and 70,000
square feet.
* Compelling Own-versus-Lease Economics | CBRE’s lease-versus-own analysis shows an owner could save in after-tax cash flow over 10 years, plus build equity and capture depreciation and appreciation benefits unavailable to a tenant.
* Premier Location & Connectivity | The property benefits from its proximity to affluent communities, offering easy access to executive housing, a high-skilled workforce, and top opportunities in California. Surrounded by premier live-work-play destinations like South Coast Plaza and Park Place, it’s central to Irvine’s finest amenities. Furthermore, its location within a multi-modal transit hub, adjacent to SR-73 and offering superb access to major freeways and John Wayne Airport, ensures excellent connectivity crucial for business success and employee retention.