One Whatney

1 Whatney, Irvine, CA 92618
42,000 Gross Building Area
68,000 Land SF
Industrial Zoning Type
7.58% Cap Rate
$741,469 NOI
   

24,450 SF | IRVINE SPECTRUM FOR SALE

Investment Summary

  • Approximately 24,450 square foot light industrial building on a 1.16 acre lot in the highly desired Irvine Spectrum area of Irvine. The office area was renovated in 2009 and features two bullpens and three private offices on the first level and 6 private offices.
  • The warehouse clear height is 18' to the lowest point. There are four ground level overhead loading doors, (one extra wide 16ft). The "print room" of ~1,785 square feet could easily be removed should someone need more warehouse space.

Investment Highlights

  • Large conference room w/ beautiful water view and the executive office has a private restroom with shower and bar/sink built-in. Approximately 7,130 SF of office and 15,535 SF of warehouse + ~1,785 of drop ceiling open space. This property has the ability for a fenced, secured yard. A temporary dock high ramp can be utilized as well.
  • Owner/User or Industrial/Commercial/Residential Development Opportunity. Two freestanding industrial buildings (23,375 SF total) on 2.59 acres. Entire site is securely fenced and paved. Two bonus metal storage buildings totaling 6,627 SF. Up to 15 dock-hi loading spots. Possible 10:1+ parking ratio. Warehouse portion is free span. Zoning is Industrial General (IG) with a General Mixed-Use Overlay (GLMX) which allows almost all industrial uses including outdoor storage.

Location Summary

  • Located close to the I-405, I-5 and 133 which easily service most of Southern California. Conveniently accessed from the Bake Parkway exit. Close to the Irvine Spectrum Entertainment Center, which consists of over 1.1 million square feet of retail and restaurants.
  • Approximately 24,450 square foot light industrial building on a 1.16 acre lot in the highly desired Irvine Spectrum area of Irvine. The office area was renovated in 2009 and features two bullpens and three private offices on the first level and 6 private offices, one large conference room w/ beautiful water view and the executive office has a private restroom with shower and bar/sink built-in. Approximately 7,130 SF of office and 15,535 SF of warehouse + ~1,785 of drop ceiling open space. The warehouse clear height is 18' to the lowest point. There are four ground level overhead loading doors, (one extra wide 16ft). The "print room" of ~1,785 square feet could easily be removed should someone need more warehouse space. This property has the ability for a fenced, secured yard. A temporary dock high ramp can be utilized as well.

Freeway Visible

  • More than 40 years ago, the City of Irvine was still in its infancy. In 2015, Irvine has more than 200,000 jobs and more than 21,000 businesses have a license here. Today, the City Council supports its public schools with more than $9.1 million in direct and in-kind support each year.
  • the City Council has approved a public-private partnership to build parkland on 688 acres of the Orange County Great Park; and businesses continue to make Irvine home or, as Broadcom has done, to decide to build a new or permanent campus for the long-term.

Location & Neighborhood

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