NEWMARK, AS EXCLUSIVE ADVISOR, IS PLEASED TO PRESENT THE EXCEPTIONAL GREATER AIRPORT AREA OWNER/USER INVESTMENT OPPORTUNITY TO ACQUIRE THE FEE SIMPLE OWNERSHIP IN 2031 ORCHARD DRIVE (THE PROPERTY), A RARE JEWEL BOX OFFICE BUILDING IN NEWPORT BEACH.
2031 Orchard is a high-quality, fee simple steel-frame low-rise office building at the gateway of Newport Beach and the Irvine Business Complex (IBC). Built in 1988 and renovated in 2022, the two-story, elevator-served property is 24,360 rentable square feet and offers a convenient surface parking ratio of 3.53/1,000 RSF.
The coastal market of Newport Beach, with its abundance of executive housing and the “urban” regentrification of the Greater Airport Area, has transformed the immediate area into one of Southern California’s most dynamic live-work-play environments with intrinsic qualities that will fuel its growth and momentum well into the foreseeable future.
2% COOPERATIVE BROKER COMMISSION