What is the typical cap rate for office in Orange County?

About 7.4% as of Q1 2026, per multiple brokerages.

Is the Orange County office market tightening or softening?

Vacancy is around 19.3% (Q1 2026).

Office

Carnegie Centre

carnegie centre, santa ana, CA 92705

Price

Price on request

Price/Sq Ft

$2.40

Description

For Lease | 1,191 - 20,509 RSF Available Two Story Office Building

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

carnegie centre, santa ana, CA 92705

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q1 2026, the Orange County office market showed a 19.3% vacancy rate, and cap rates around 7.4%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$33.48/SF/yr

Estimated sale value

$184–$239/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www lee-associates com data (cap rate 7.4%, asking rent held flat).

View the full Orange County Office market report →

Above-average vacancy gives tenants leverage and a wide set of comparables.

Compare it against other office listings for lease in Santa Ana, CA to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Orange County?: About 7.4% as of Q1 2026, per multiple brokerages.
Is the Orange County office market tightening or softening?: Vacancy is around 19.3% (Q1 2026).

Unified Estimate

Medium Confidence

$1.04/SF/mo-$1.40/SF/mo

Mid: $1.22/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.