The Master's Building — Lease in Newport Beach, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Newport Beach, CA 92625
  • Submarket: Greater Airport Area
  • Size: 621 SF

Photos

The Master's Building — Lease in Newport Beach, CA, photo 1 of 1

Description

Two-story, newly renovated office building located in the heart of Corona del Mar. Walking distance to the Corona Del Mar State beach and an abundance of amenities, including restaurants, shopping, banking, etc. Blocks away from Newport Center, Orange County’s prestigious business, shopping, and entertainment district centered around the Fashion Island regional shopping mall. Newly renovated in 2018 with creative, modern and high-end finishes. Subterranean and surface parking available.

Market Context

This office in Newport Beach, CA is listed for lease across 621 SF. 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 rents up 4.7% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Orange County office market tightening or softening?
Vacancy is around 19.3%, with asking rents rising year over year (Q1 2026).

By our match to nearby addresses in brokers' reports, this property is in the Greater Airport Area submarket, where average asking rent was $37.08/SF/yr in CBRE's Q1 2026 report.

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