1501 QUAIL STREET — Lease in Newport Beach, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Newport Beach, CA 92660

Description

Break away from the crowd and experience an office environment where you can connect with the outdoors. One where you can breathe. Focus. Relax. Avalon is a place where exceptional architecture offers a fresh new way to work. Acclaimed architect Rapt Studio has designed a Newport Beach office building that is open and alive. This contemporary office building features office suites with operable sliding glass doors that allow breezy access to the warm Southern California climate. An inviting second floor sun deck and outdoor loft is the perfect place to collaborate with co-workers, grab a sandwich with a friend or enjoy a little down time on a warm afternoon.

Market Context

This office in Newport Beach, CA is listed for lease. It has been on the market for 197 days. Compare it against other office listings for lease in Newport Beach, CA — view the full market.

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

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

Office market FAQ

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

Contact

Explore this market

Similar Office for Lease in Newport Beach, CA