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Coastal Socal Strip Center 1806 Newport Blvd 4,975 SF 90% Leased Retail Building Costa Mesa, CA 92627 $5,925,314 CAD ($1,191.02 CAD/SF)



Investment Highlights
- Premier Signalized Location
- AB 2097 Parking Advantage
- Prime Newport Blvd Frontage
- Owner-User Flexibility
- Diversified Income Streams
- Value-Add Upside
Executive Summary
SRS Capital Markets is pleased to present the opportunity to acquire a fee simple interest in 1810 Newport Boulevard, a highly visible multi-tenant retail asset located at the confluence of Newport Blvd and Harbor Blvd, one of the busiest intersections in all of Orange County. The offering consists of three buildings on two parcels totaling ±0.23 acres with approximately ±4,975 SF of building area. Five units occupy the site, including three storefront spaces fronting Newport Blvd, which sees a remarkable ±92,000 vehicles per day. Two additional rear units are currently used for office and storage. A private pedestrian walkway connects the rear parking area to the Newport Blvd sidewalk.
Property Facts
Sale Type
Investment
Property Type
Building Size
4,975 SF
Year Built
1929
Price
$5,925,314 CAD
Price Per SF
$1,191.02 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.23 AC
Zoning
C2 - General Business District
Parking
9 Spaces (1.81 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Signalized Intersection
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 9
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Coastal Socal Strip Center | 1806 Newport Blvd
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