TUSTIN INDUSTRIAL DEALS NOW

$3,830,260

Description

INDUSTRIAL PROPERTY SHOWCASE

15131 Woodlawn Ave Tustin, CA 92780 — 7,028 SF Flex Condo Unit — Offered at $3,830,260

Tustin

15131 Woodlawn Ave | Tustin, CA 92780
7,028 SF Creative Flex Condo | Offered at $3,830,260 ($545/SF)

EXECUTIVE SUMMARY

Positioned in the heart of the Pacific Business Center, this two-story, 7,028 SF flex condo blends creative office build-out with functional storage and R&D capacity. Just minutes from the 405, 55, and 5 freeways, the location provides unmatched regional connectivity and convenience to John Wayne Airport and the Tustin Metrolink Station. Nearby, tenants and visitors benefit from proximity to top restaurants, hotels, and entertainment venues, adding lifestyle appeal to the work environment.

With street visibility and a dynamic layout, the property is designed for modern companies that demand both high-image presentation and flexible functionality. The dramatic lobby, multimedia-ready conference room, and premium glass-lined offices position this asset as a flagship headquarters opportunity in one of Orange County’s most desirable flex submarkets.

INVESTMENT HIGHLIGHTS

Creative Headquarters Space — 7,028 SF two-story office environment with 1,778 SF of integrated storage.
Premium Buildout — Dramatic lobby, multimedia conference room, and eight private offices with barn-style sliding glass doors (including executive office with kitchenette and private bathroom).
Collaborative Design — Two open “Think Tank” spaces, plus a full kitchen with collaborative dining area and storage room.
Functional Flexibility — 1 GL loading door, ample storage, and mix of executive + open work areas.
Prime Tustin Location — Easy access to major freeways, close proximity to John Wayne Airport, Tustin Metrolink, and lifestyle amenities.
Efficient Parking — 3:1 parking ratio supporting both visitors and staff.

PROPERTY FACTS

Total Size: 7,028 SF | Storage: 1,778 SF
Type: Flex (R&D Condo) | Class: B
Year Built: 2005 | Floors: 2
Lot Size: 0.16 AC | Zoning: PC-IND, Tustin
Parking Ratio: 3/1,000 SF
Price: $3,830,260 | Price/SF: $545

WHY THIS PROPERTY STANDS OUT

A rare creative flex headquarters opportunity in the Tustin/Irvine Business Corridor. Ideal for owner-users in tech, design, professional services, or hybrid R&D needing both image and function.

INSTITUTIONAL DEALS IN TUSTIN

Buyer / Tenant	Deal Type	Size / Location	Key Details
Rivian Automotive	Lease	219,000 SF in new industrial building at 14451 Myford Rd, Tustin (built by Panattoni)	This is Rivian’s largest industrial lease in OC; added to its other facilities locally. Strong signal in the market.
Panattoni / Link Logistics / Blackstone / Principal Global Investors	Development & sale	220,000 SF logistics building next to Myford Rd in Tustin / Irvine area, sold to Principal Global Investors for $142 million	High-profile institutional capital; reflects extremely strong value per square foot for premium industrial/logistics product in Tustin.
Stos Partners → KTI Hydraulics, Inc.	Building sale	71,616 SF high-tech manufacturing building at 1311 Valencia Ave in Tustin sold for $26.5 million	Value-add institution to user trade; shows demand for clean-manufacturing/flex space with specs in Tustin.
Orange County / SteelWave & institutional JV	Sale / lease	1382 Bell Ave, 120,000 SF single-tenant flex office building leased to County of Orange, sold for $91 million at approx. $758/SF	Huge validation of premium flex product in Tustin; long-lease, high visibility, institutional buyer.
Guthrie Development Co.	Acquisition	Pacific Tustin Commercenter, ~70,000 SF industrial & retail business park in Tustin purchased for $19.7 million	Multi-tenant park, fully occupied, showing institutional interest in smaller multi-tenant flex/industrial assets.

WHAT THIS MEANS FOR TUSTIN

There is very strong demand from both users (e.g. Rivian) and institutional investors (e.g. Principal, SteelWave, Guthrie), especially for buildings with upgraded specs, modern finish, good visibility, yard space, and easy freeway access.
Pricing per square foot for premium/flex/industrial product in Tustin is pushing north — the $600-$750+/SF range or more for class-A or visibly branded product.
The freestanding and single-tenant assets or large user leases are particularly prized—these deals tend to set the benchmark for value.
Multi-tenant industrial parks and business centers with flexible subdivision are also attracting institutional money, especially those that are 100% leased or with solid tenants.