The Site consists of one parcel totaling 1.594 acres positioned
along the east side of Orchard Road and along the west
side of Bake Parkway in the City of Lake Forest. The property
is exceptionally located between Promenade Park at Baker
Ranch to the southwest, and the 241 Toll Road to the north.
The submarket location is referred to as the “Bake Corridor”
segment of Lake Forest. Bake Parkway, Lake Forest Drive, and
the Foothill Transportation Corridor (241) Tollway are the main
arterials through the area. Land use trends have been very
active in recent years with the recent/current construction of
luxury apartments, residential subdivisions, commercial office
and industrial parks, and retail/mixed use projects. Orchard
Business Park represents an exceptional opportunity to add
value through lease up of the existing vacancy as well as
increasing in-place rents as existing tenant leases expire and
are replaced at today’s higher market rents