← Back to search
Photography available after free registration below
Virtual Drive-By

Concentra Multi-tenant

15751 Rockfield Blvd · Irvine, CA 92618 · Medical Office

Asking price
$7,599,000
Cap rate
NOI (derived)

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease type
Term remaining
Expiration
Rent bumps
Options
Ground lease
Credit profile
TenancyMulti

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF13,140
Price / SF$609
Year built1983
Lot size0.25 ac
TypeExecutive Office, Medical Office, Traditional Office
Days on market139

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Investment highlights

  • ±13,140 SF GFA Two-Story Freestanding Office Building

  • ±8,657 RSF Leased by Concentra through 12/31/2026 ($29,047.50 FSG)

  • ±1,736 RSF Leased by Alevizos Medical

  • ±2,462 RSF Available for immediate occupancy

  • Elevator Served

  • New Roof installed in 2024

  • Immediate Access to I-405, I-5, SR-133 and SR-73

  • Close Proximity to Hoag Hospital, Kaiser Permanente, and UCI Health

  • Minutes From John Wayne Airport, Irvine Spectrum Center, Tustin Marketplace, and Fashion Island

Property overview

Rockfield Professional Medical Building is a medical outpatient facility located in Irvine, California, within the greater Spectrum Center district, and is being marketed for sale or lease to healthcare operators or traditional office users seeking a presence within one of Orange County’s premier commercial and healthcare corridors.​

The +/-13,140 SF GFA, two-story building is currently used as a multi-tenant outpatient medical facility and is designed to accommodate a broad range of healthcare specialties.​ The existing layout and infrastructure support continued use for primary care, specialty medical services, diagnostics, and other outpatient-focused practices.​

The building is zoned Community Commercial, permitting both medical and general office use, which expands the potential tenant and user base beyond traditional healthcare operators.​ Its flexible configuration supports either single-tenant or multi-tenant occupancy, providing adaptability to evolving healthcare delivery models and long-term strategic objectives.​

The building is efficiently organized to support modern clinical operations, with clearly defined patient flow and administrative separation.​ Suites include reception and waiting areas, multiple exam and treatment rooms, private physician offices, nurse stations, and dedicated administrative and staff areas, promoting operational efficiency and an enhanced patient experience.​

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Sep 11, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.