Kelemen Company Sells 7 Corporate Park Office In Irvine For $15.6M
SOLD
$15,600,000
+ 4
California
See Similar DealsOffice37,177 SF
Sold 03/01/2022
SOLD
Kelemen Company Sells 7 Corporate Park Office In Irvine For $15.6M
7 Corporate Park, Irvine, California 92606, United States
See Similar DealsOffice37,177 SF
Sold 03/01/2022
+ 4
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$419
Total Square Footage:37,177 SF
Transaction Type:Sale
A 37,177 square feet office asset located at 7 Corporate Park in Irvine has been sold for $15,600,000. The property was sold by Kelemen Company in a recent transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,600,000
- Address: 7 Corporate Park, Irvine
- Market: Irvine
The sellers of the property, Kelemen Company, were represented by Paul Jones, Kevin Shannon, Brandon White, Liam Ogburn, Sean Fulp, Ryan Plummer, and Mark Schuessler.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$832,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$55,423.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,951.96
Annual Debt Service$887,423.50
Is there something missing? Send suggestions