Irvine, California, is a prime location for investing in office space for lease, offering a unique combination of amenities, infrastructure, and location that makes it an attractive choice for businesses. Office spaces in Irvine represent a diverse range of investments, from Class A buildings to more affordable options, catering to various business needs and budgets. With its strong educational system, Irvine is home to several higher education institutions, including the University of California, Irvine, which attracts a talented workforce and fosters a culture of innovation. The city's master-planned infrastructure, including the Irvine Traffic Research and Control Center and the Orange County Transportation Authority, ensures efficient traffic flow and convenient transportation options. Additionally, Irvine's proximity to John Wayne Airport and its connection to major highways, such as Interstate 5 and Interstate 405, make it an ideal location for businesses that require easy access to regional and national markets. With its rich history, strong economy, and excellent quality of life, Irvine is an excellent place for businesses to thrive and grow.
Irvine's office space market offers a range of options, with 305 available listings, featuring an average annual rent of $31 USD per square foot and an average size of 11,302 square feet. The largest available space measures 495,796 square feet. In addition to office spaces, Irvine also offers coworking spaces, flex spaces, medical offices, and retail spaces, each with its unique characteristics and advantages. For instance, coworking spaces in Irvine provide a collaborative environment and flexible lease terms, while flex spaces offer a combination of office and warehouse space. Medical offices in Irvine are well-equipped to serve the city's growing population, and retail spaces are strategically located to capitalize on the city's strong consumer base. With its diverse range of property types and amenities, Irvine is an attractive location for businesses of all sizes and industries.
What is the average size of office space for lease in the Irvine market?
The average size of office space for lease in the Irvine market is 11,302 square feet, with a total of 305 available listings, and options ranging from smaller spaces to larger ones, with a maximum size of 495,796 square feet.
Are there different types of office space leases available?
In Irvine, California, there are various types of office space leases available to cater to different business needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities in the rent;
- Modified gross leases, which combine base rent with a proportionate share of operating expenses;
- Triple net leases, where tenants pay base rent plus their share of property taxes, insurance, and maintenance costs.
With 305 available listings of office space in Irvine, businesses can find the perfect lease option to suit their requirements, from Class A high-rise buildings to flexible coworking spaces, and everything in between.
