SOUTH ORANGE COUNTY OFFICE CAMPUS WITH OPTIONALITY
* PRIME SOUTH OC REAL ESTATE | Marbella Commerce Center is a two-building office campus consisting of 50,813 sq. ft. on 2.42 acres in historic San Juan Capistrano.
* GENERATIONAL BUYING OPPORTUNITY | Built in 2001, this is the first time Marbella Commerce Center has ever been made available for sale. With limited ownership opportunities in San Juan Capistrano, this is a unique time to acquire one of the best performing office projects in South Orange County.
* STABILIZED OFFICE | At 91% leased to 16 tenants, the property produces strong day 1 cash flow. With the largest tenant only occupying ±13% of the RBA, there is great risk diversification and minimal capital exposure.
* USE COMPONENT | With 4,424 sq. ft. currently vacant, and some near-term expiration occurring within the first year of the hold period, owner-users with a use component can free up space throughout the building for their own occupancy needs.
* LAND BANK/REDEVELOPMENT | Sitting on 2.42 acres in one of OC’s most desirable residential locations, the property may have future redevelopment potential. Seller may consider entitlement offers with proper deposit structure and land value.
EXCEPTIONAL MARKET FUNDAMENTALS
* FAVORABLE LOW-RISE OFFICE TRENDS | Over the last decade, growth among the low-rise products has been robust, out-pacing high-rise products in vacancy compression and rent growth. As of 1Q25, the direct vacancy for low-rise office was 9.4%, well below the rest of the office market. San Juan Capistrano is even tighter with a vacancy rate of 4.8% in 1Q25.
* SUPPLY CONSTRAINED | San Juan Capistrano is one of the most supply constrained markets to enter, with limited new development and ownership opportunities. This creates a legacy ownership opportunity for investors that want to own in a market that only has 862,673 sq. ft. of inventory.
VERY AFFLUENT SAN JUAN CAPISTRANO LOCATION WITH AMENITIES
* GREAT ACCESS | Immediately off Interstate-5, the property has compelling access throughout South Orange County.
* INCREDIBLE DEMOGRAPHICS | The property has unbeatable demographics with a 3 and 5-mile population base of 90,627 and 230,549, containing an average household income $193,372 and $140,515, respectively.
* RETAIL AND LIFESTYLE AMENITIES | The property is near some of South Orange County’s finest beaches and resorts amenities including Marbella Country Club, River Street Marketplace, and some of the world’s best beaches and resorts.