A 100% occupied, multi-tenant office building located in Lake Forest with traditional, linear configuration which is conducive to high occupancy, optimal rents and low minimal capital expenditures.10 Orchard is located within a post 2000 developed commercial offi ce campus setting, featuring onsite amenities, beautifully decorated common areas, exceptional glass line with hillside views, Bake Parkway frontage and across from aToll Brothers residential development providing an additional 600+ homes to the immediate area.
Lake Forest is an affluent South Orange County submarket that has ideal proximity to both residential and commercial density which ensures the property is busy during all times of the day, every day of the week. Lake Forest, incorporated in1991, offers planned neighborhoods which are safe and beautiful along with providing landscape that includes lush greenhills, eucalyptus trees and lakes. Lake Forest is near Interstate 5 & 405 and located between the 133 & 241 Toll Roadsproviding ease of access Orange, Los Angeles, San Diego, and the Inland Empire counties.
10 Orchard will be marketed free and clear of any existing financing creating an opportunity to place creative financing tailored to an investor's desired hold period and risk profile to further enhance returns.
10 Orchard is located near the intersection of Bake Parkway (33,597 vehicles per day) and Rancho Parkway (5,610 vehicles per day) with a total of over 39,200 vehicles passing the intersection daily.