Lakeside Plaza--TRUE NNN! | 4505 Barranca Pky
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Lakeside Plaza--TRUE NNN! 4505 Barranca Pky
8,050 SF 100% Leased Retail Building Irvine, CA 92604 $5,595,000 ($695/SF) 4.32% Cap Rate
Investment Highlights
- TRUE NNN PRIDE OF OWNERSHIP INVESTMENT -- TENANTS PAY FOR EVERYTHING!
- Pride Of Ownership Asset That Has Been Recently Updated - Roof +/- 6 Yrs Old & Painted In 2024
- Property is Surrounded By Residential Living
- Trophy Asset In The Heart Of Irvine That is Rarely Available With Long Term Tenants In Place
- Right Next To The Beautiful Woodbridge Lake
- Across The Street From Woodbridge Village Center
Executive Summary
Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to present Lakeside Plaza. This trophy retail asset, that has long term tenants in place, is in the well-established and affluent master-planned community of Irvine, making this an extremely rare and sought after investment opportunity. Located directly adjacent to the scenic Woodbridge North Lake and located within the medical corridor along Barranca Parkway providing easy access for visitors. Lakeside Plaza is also extremely walking-friendly making it very convenient for nearby residents to visit. In recent years, this asset has been updated throughout including a new roof, new HVAC system, updated building exterior along with new paint, upgraded atrium and new exterior pavers. This property has also been professionally managed for many years. TRUE PRIDE OF OWNERSHIP NNN INVESTMENT--TENANTS PAY FOR EVERYTHING!!!
PROPERTY SOLD IN AS-IS CONDITION, BUYER TO VERIFY YR BUILT AND SQUARE FOOTAGE WITH THE CITY, SOLD AS IS!
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Please call listing office for more information.
PROPERTY SOLD IN AS-IS CONDITION, BUYER TO VERIFY YR BUILT AND SQUARE FOOTAGE WITH THE CITY, SOLD AS IS!
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Please call listing office for more information.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,050 SF
Building Class
C
Year Built/Renovated
1982/2022
Price
$5,595,000
Price Per SF
$695
Cap Rate
4.32%
NOI
$241,704
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Land Acres
0.40 AC
Zoning
NC
Parking
40 Spaces (4.97 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Agency the Hair Salon
- Services
- 840 SF
- -
- Triple Net
- Jul 2030
- LA Queen Med Spa
- Health Care and Social Assistance
- 1,630 SF
- -
- Triple Net
- Jun 2027
-
- Health Care and Social Assistance
- 4,097 SF
- -
- Triple Net
- Dec 2026
The Doctors and Staff at Woodbridge Optometry are dedicated to providing you and your loved ones with the highest quality of eye care. They are committed to listening to you and understanding your needs, while providing a comfortable state of the art facility. Their team is passionate about enhancing vision by improving your eye health with the latest technology and the newest fashions.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Agency the Hair Salon | Services | 840 SF | - | Triple Net | Jul 2030 | |
| LA Queen Med Spa | Health Care and Social Assistance | 1,630 SF | - | Triple Net | Jun 2027 | |
|
|
Health Care and Social Assistance | 4,097 SF | - | Triple Net | Dec 2026 |
Walk Score ®
Very Walkable (75)
Bike Score ®
Biker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 451-441-08 | Improvements Assessment | $924,666 |
| Land Assessment | $680,576 | Total Assessment | $1,605,242 |
PROPERTY TAXES
Parcel Number
451-441-08
Land Assessment
$680,576
Improvements Assessment
$924,666
Total Assessment
$1,605,242
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Ruben Khorsandi -
Daniel Khorsandi -
Alliance Investment Real Estate Group
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Lakeside Plaza--TRUE NNN! | 4505 Barranca Pky
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