Newport Summit — Lease in Irvine, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Irvine, CA 92612

Description

Newport Summit offers a revivified approach on the classic office property. The property is comprised of two buildings, which surround a rejuvenated open plaza courtyard featuring outdoor living room seating, shaded patio areas and WiFi access linking the two buildings. Its location offers proximity to high end fitness, retail and dining amenities, simple and efficient surface parking and an open plaza courtyard.

Market Context

This office in Irvine, CA is listed for lease. It has been on the market for 196 days. Compare it against other office listings for lease in Irvine, 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).

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