IRVINE INDUSTRIAL DEALS NOW

$3,695,000

Description

INDUSTRIAL PROPERTY SHOWCASE

59 Peters Canyon Rd Irvine, CA 92606 — 5,662 SF Flex Building — ($652.60/SF) $3,695,000

Irvine

59 Peters Canyon Rd – Trophy Flex / R&D Building
5,662 SF | Offered at $3,695,000 | $652.60/SF Irvine, CA 92606

EXECUTIVE SUMMARY

Located in the heart of Irvine’s prestigious Peters Canyon Business Park, this meticulously maintained 5,662 SF Class-A flex building seamlessly blends high-end executive finishes with true industrial functionality. Rarely does a property of this caliber hit the market — and when it does, it moves quickly.

Modern Class-A Buildout

Executive offices and glass-lined conference room with premium flooring
Fully built-out kitchenette, ADA restrooms, and a shower-equipped bathroom
Rare 26’ clear height, fully HVAC-equipped warehouse – ideal for tech, e-commerce, or clean storage

Prime Irvine Location

Minutes to I-5, 55, and 261 freeways
Centrally located near John Wayne Airport, Tustin Legacy, and The District
Prestigious brand presence in one of Orange County’s most sought-after submarkets

Trophy Asset in a Scarce Market

Comps in the immediate area have recently traded at similar or higher valuations
Turnkey, fully upgraded, and move-in ready
A statement property for discerning owner-users or investors

PROPERTY FACTS

Zoning: IBC (Irvine Business Complex)
Price: $3,695,000
Rentable Building Area: 5,662 SF
Price/SF: $652.60
Lot Size: 0.08 AC
Year Built: 2005
Property Type: Flex
Subtype: Research & Development
Parking Ratio: 5.3 / 1,000 SF

Irvine / Peters Canyon Flex / R&D Market Observations

Recent Comparable Listings / Pricing
- 61 Post, Irvine, CA — ≈4,976 SF R&D/flex condo listed around $3,400,000. Smaller size, high-image build, showing the high per-SF valuations for clean, premium product.
- Irvine Research Center Listings — E.g., 8677 Research Dr — large trophy asset — listed ~ $13,250,000, indicating premium valuation for high-spec, large R&D/flex buildings in top locations.
Typical Asking Rents and Sale Price per SF Trends
- For industrial/flex in Irvine, leasable spaces are seeing asking rents in the $20-$23/SF/year range depending on quality, height, power, and office/warehouse mix.
- For smaller/infills and higher finish flex or R&D product, especially with good office ratio, pricing has crept into the $600+ per SF range (for owned buildings), when they come to market. Listings like 59 Peters Canyon illustrate that benchmark.
Supply & Demand Insights
- Inventory remains limited for freestanding flex / R&D buildings with high-end finishes in Peters Canyon and similar submarkets. Many flex users are seeking small-to-mid-size facilities (4,000-8,000 SF), with premium specs, and there are relatively few turn-key options.
- Owner-user buyers are active — financing options like SBA, or buyers wanting long-term occupancy + equity, are pushing competition for clean, modern inventories.
- Projects with high visibility, signage potential, strong parking ratios, and upgraded office + warehouse mix are able to command premium price/SF and faster sales.
What Drives Premium in This Market
- Office + Warehouse Mix — Buildings that offer significantly more than bare minimum office; polished, full-height, glass lines, amenity build-outs.
- Ceiling Height & Clear Warehouse — Properties with ~25-30’ clear or more, or near that, especially fully HVAC, bring extra value.
- Power, Utilities & Features — Strong power service, ability to handle heavier loads, modern lighting, sprinklers, etc., add incremental premium.
- Location & Visibility — Proximity to freeways (I-5, 55, 261), airports (John Wayne), and visible frontage or signage exposure can push per-SF value significantly.

How 1259 Peters Canyon Stacks Up

Compared to comps and trends:

It matches or beats many listings in terms of finish, clear height (26’), premium office portion, etc.
Its current list price $652.60/SF places it in the upper echelon of recent flex/R&D sales in Irvine — pricing that reflects both scarcity and quality.
Because similarly-spec’d buildings are rare, especially freestanding units with executive office plus warehouse, 1259 is positioned as a trophy or flagship acquisition, not just another inventory option.