8677 Research Dr, Irvine CA was so good. It was owned by the Irvine Family and later the Irvine Company for over 100 years before the city’s master plan called for the development of the South Orange County’s economic and lifestyle engine, the Irvine Spectrum.
For only the 4th time since 1864 and perhaps for the only time in the next 100 years, a family can acquire the property.
Irvine spectrum area has been Orange County’s, most successful, high net worth residential, workplace, retail and social development of the last 30 years, attracting over 17,000,000 visitors annually, about the same as Orange County’s other major attraction, Disneyland
The Irvine spectrum is where fortune 500 companies, leading luxury retailers and high income earners all want to be. The best place to be in the Irvine spectrum is where everyone can see you and there is no better address for exposing your premium brand than 8677 Research Dr. Over 200,000 vehicles a day pass by the property.
The Irvine Spectrum is the fulcrum of Commerce in Orange County. Beginning in 1989 global firms have called the Irvine Spectrum District home. The ISD is home to Western Digital, Mazda, Toshiba, Broadcom, Edwards Lifesciences, Billabong, Ford, Goldman Sachs, Blizzard, Masimo, Acorns, Abbott Labs, Taco Bell, Medtronic, Rivian, Cylance, Arteryx, Sega, Vizio, Wework, Johnson & Johnson, Amazon, Salesforce, Costar, Coca-Cola, and Twitch,
Today the Spectrum has 1400 Employers, 100,000 Employees in 17,000,000 of Commercial space, for firms like Apple, Corelogic, Hoag, Terran Orbital, and one of the Spectrums original occupiers, Mazda.
The property was a legacy asset for 100 years before the Spectrum and the Irvine Spectrum District has only enhanced the quality of the area. The median household income surrounding this prestigious property is over $178,000.
Built in 1999 in the first phase of the Irvine Research Center the property sits on 1.42 acres resting against the southbound lanes of the 405 Freeway.
The 25,277 SF building with 25 feet of clear height has 165’ fronting the freeway.
The building has access to 800 amps of three phase power, three 8’x10’ drive in bays and 83 surface parking spaces.
Industrial, Showroom and Flex Space vacancy rates are the lowest in Orange County and the rental rates attained in the Irvine Spectrum area are the highest in Orange County.
Rental rates have grown in the area because of the growing presence of Fortune 500 and Fortune 1000 companies, the synergy with leading retail and lifestyle brands and the access to South Orange County’s desirable demographics.