16782 Von Karman Avenue, Unit 25

Winning Bid: $1,730,000
  No hidden reserves. What's this?
No Hidden Reserve

If there is no hidden reserve set for this auction, then the Seller has agreed to sell the property as long as he or she receives the Minimum Bid amount.
Cap Rate: 8.1% What's this?
Cap Rate

Capitalization rate (Cap Rate) is a measure of the ratio between the net operating income produced by the property and its sale price. Because property taxes will adjust based on the final sales price, the Cap Rate can either be current or a future estimate. Please contact the Listing Broker to understand how the Cap Rate is calculated for this property.
Per SF: $177.93 per SF
Start Time: 9/18/2009 11:00 AM PST
End Time: 9/18/2009 5:02 PM PST
  Or 5 minutes after the last bid. Why?
End Time 5 minutes after the last bid

The Auction Period will end at the specified End Time or 5 minutes after the last bid is entered. This prevents last-minute bidders from winning the auction without giving other bidders ample opportunity to bid.

This auction has ended.

Winning Bid: $1,730,000

Bidder# 2336


Property Overview

Name: Von Karman Center    
Address: 16782 Von Karman Avenue
Unit 25
Irvine, CA 92606
view mapView Map  
Type: Industrial Year Built: 2008
Building Size: 9,723 SF Parking: 22
Property Website: www.vonkarmancenter.com  
Preferred Lender: Bank of America    
Highlights:
  • Leased through September 2012
  • Personally guaranteed lease
  • Amenity-rich area
  • 2-story flex-industrial condominium
  • Abundant parking
  • Brand new tenant improvements
  • High-image building design by Ware Malcomb Architects
  • Prestigious location

Thank you


Bids are not accepted at this time.

The Auction will be held September 18, 2009 from 11:00 AM to 03:00 PM.

Please return during that period to place your bid.

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Pat Scruggs
CA LIC: 00851446
pat.scruggs@cbre.com
(949) 725-8520

Anthony DeLorenzo
CA LIC: 01706686
anthony.delorenzo@cbre.com
(949) 725-8425

Gary Stache
CA LIC: 00773736
gary.stache@cbre.com
(949) 725-8532

Paul Pacun
Auction Support
paul.pacun@cbre.com
(949) 725-8438

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