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14980 Sand Canyon Avenue

United HealthCare Services Inc. Leases Office Space At 14980 Sand Canyon Avenue In Irvine
LEASEDOffice

United HealthCare Services Inc. Leases Office Space At 14980 Sand Canyon Avenue In Irvine

14980 Sand Canyon Avenue

Building Size

50,400 SF

Asset Type

Office

Closing

Mar 31, 2026

AI

The property asset involved in this transaction is an office space located at 14980 Sand Canyon Avenue in Irvine, California, encompassing a total of 50,400 square feet. This lease transaction is notable as it reflects continued demand from healthcare tenants for office space with ample amenities in Orange County.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 14980 Sand Canyon Avenue
  • Market: Irvine
  • Landlord: Donald Bren & Roger DeWames - Irvine Company
  • Tenant: United HealthCare Services, Inc.

The deal involved Donald Bren and Roger DeWames, representing the Irvine Company as the landlord. United HealthCare Services, Inc. is expanding its operations in the Irvine area through this lease agreement, highlighting the significance of the region as a major healthcare and insurance hub.

Players

Donald Bren

Irvine Company

Landlord

$942.6M

vol

28 deals

Landlord
United HealthCare Services, Inc
United HealthCare Services, IncTenant

Irvine Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93