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Corporate 23792 Rockfield Blvd

30,328 SF 100% Leased Office Building Lake Forest, CA 92630 £5,530,070 (£182/SF) 7% Net Initial Yield

Investment Highlights

  • 100% Leased
  • Illuminated Monument Signage
  • Elevator Served
  • Attractive Design with Marble and Reflective Glass
  • Close to 5 Freeway
  • Ample Garage Parking + Surface

Executive Summary

Following acknowledgment of Confidentiality Agreement, please review:
Tenant Summary Sheets, Rent Roll 2023 & 2024, and the Reoccurring Office Building Expenses for 2021, 2022, & 2023.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
30,328 SF
Building Class
B
Year Built
1989
Price
£5,530,070
Price Per SF
£182
Net Initial Yield
7%
NOI
£387,105
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
15,164 SF
Slab to Slab
11 ft
Building FAR
0.61
Land Acres
1.14 AC
Zoning
CC, Lake Forest
Parking
112 Spaces (3.69 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Property Manager on Site
  • Storage Space
  • Wi-Fi
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Adoption Pro
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Amster Beene
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • KPC Metal
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Paradise Vacation Club Inc
  • Service type
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
  • Real Estate
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -

Parker Commercial Brokerage Company, Inc. is a dynamic, full-service commercial real estate brokerage company specializing in the sale, leasing, repositioning and disposition of client properties. Parker Commercial capitalizes on its highly experienced executive team of brokers and affiliates to provide exceptional performance in every facet of its business. Headquartered in Lake Forest, California, the firm pursues landlord, investor and tenant opportunities in all major real estate markets. By providing clients with real estate service unparalleled in the industry, Parker Commercial maximizes each opportunity through a suite of creative value-added services, industry relationships and market knowledge.

  • Pearson Vue
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • South OC Chiropractic
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • State Farm
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Thinque Prep
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Total Property Management
  • Real Estate
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Adoption Pro - 99,999 SF $9.99 Lorem Ipsum Jan 0000
Amster Beene - 99,999 SF $9.99 Lorem Ipsum Jan 0000
KPC Metal - 99,999 SF $9.99 Lorem Ipsum Jan 0000
Paradise Vacation Club Inc Service type 99,999 SF $9.99 Lorem Ipsum -
Real Estate 99,999 SF $9.99 Lorem Ipsum -
Pearson Vue - 99,999 SF $9.99 Lorem Ipsum Jan 0000
South OC Chiropractic - 99,999 SF $9.99 Lorem Ipsum Jan 0000
State Farm - 99,999 SF $9.99 Lorem Ipsum Jan 0000
Thinque Prep - 99,999 SF $9.99 Lorem Ipsum Jan 0000
Total Property Management Real Estate 99,999 SF $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 180
  • 1,999 SF
  • Office
  • -
  • Dec 2024

Suite 180 - Available 12/24 +/- Prime Corner Space at the Main Entry Wrap Around Glass Windows

  • 2nd Fl-Ste 250
  • 4,272 SF
  • Office
  • Full Build-Out
  • 120 Days

Paradise Vacation continues to occupy Suite 250 on a month to month basis, since the Primary Lease term expiration date of 08/31/2022. This Tenant is targeting to move to San Diego on or around 01-01-2025 +/-. This Suite 250 is now available to lease for an occupancy around January 2025 +/-.

Space Size Space Use Condition Available
1st Fl-Ste 180 1,999 SF Office - Dec 2024
2nd Fl-Ste 250 4,272 SF Office Full Build-Out 120 Days

1st Fl-Ste 180

Size
1,999 SF
Space Use
Office
Condition
-
Available
Dec 2024

2nd Fl-Ste 250

Size
4,272 SF
Space Use
Office
Condition
Full Build-Out
Available
120 Days

1st Fl-Ste 180

Size 1,999 SF
Space Use Office
Condition -
Available Dec 2024

Suite 180 - Available 12/24 +/- Prime Corner Space at the Main Entry Wrap Around Glass Windows

2nd Fl-Ste 250

Size 4,272 SF
Space Use Office
Condition Full Build-Out
Available 120 Days

Paradise Vacation continues to occupy Suite 250 on a month to month basis, since the Primary Lease term expiration date of 08/31/2022. This Tenant is targeting to move to San Diego on or around 01-01-2025 +/-. This Suite 250 is now available to lease for an occupancy around January 2025 +/-.

Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
617-473-02
Land Assessment
£2,337,662
Improvements Assessment
£2,524,671
Total Assessment
£4,862,333
  • Listing ID: 28262766

  • Date on Market: 18/04/2023

  • Last Updated:

  • Address: 23792 Rockfield Blvd, Lake Forest, CA 92630

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