21068 Bake Pky - Office CONDO FOR SALE


Lake Forest, CA 92630
$3,515,600 USD
949-724-5704
21068 Bake Pky, Lake Forest, CA for Sale
$3,515,600 USD
Office CONDO - FOR SALE
1/13
null | Request Cap Rate

21068 Bake Pky
Lake Forest, CA 92630


HIGHLIGHTS

  • The business park features a single-story design.
  • All units feature ground-level loading.
  • The property offers major street frontage.
  • The buildings feature clear heights ranging from 14 to 16 feet.
  • The business park provides an abundant auto parking ratio of 3.0 stalls per 1,000 square feet.
  • All units are equipped with a fire sprinkler system.

OVERVIEW

21068 Bake Parkway, Building 10, Unit 200 presents an opportunity to acquire a medical/office condominium within Spectrum Centre Business Park, a multi-use business park in Lake Forest, California. The property is positioned within a professionally maintained business environment that accommodates office, medical, flex, research and development, and light industrial users. Its location provides convenient access to major transportation corridors serving Orange County, supporting connectivity for employees, clients, and healthcare-related operations. Spectrum Centre Business Park benefits from extensive infrastructure including abundant parking, grade-level loading throughout the project, fire sprinkler systems, and completed exterior and common area enhancements. The project's business park setting offers a professional image while supporting a variety of owner-user and investment strategies. Nearby commercial services, retail amenities, and regional transportation routes contribute to the property's long-term appeal for medical and office occupiers seeking a well-located Southern California business address. The subject condominium's medical/office configuration provides flexibility for healthcare providers, professional service firms, and administrative users seeking ownership rather than leasing. Ownership allows businesses to establish a long-term presence while controlling occupancy costs and benefiting from potential appreciation in one of Orange County's established commercial markets. The property's placement within a larger owner-user business park further supports operational efficiency through access to shared infrastructure, maintained common areas, and a professionally managed environment.

FOR SALE DETAILS

PRICE

$3,515,600 USD

PRICE/SF

$550 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg 10

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

12,521 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,836 SF

ZONING

BP

APN/PARCEL ID

610-311-13

ASK ABOUT THIS PROPERTY

Joe WinkelmannColliersMore Info
949-724-5704

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Joe WinkelmannColliersMore Info
949-724-5704

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.