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1815 Anaheim Ave - Abs NNN Leased - Kiddie Academy - Costa Mesa 6,237 SF Specialty Building Offered at $11,422,800 CAD at a 5.27% Cap Rate in Costa Mesa, CA 92627



Investment Highlights
- Brand New 20-Year Absolute NNN Lease featuring scheduled annual rental increases during the initial lease term and options
- Absolute NNN Lease Structure - Tenant is responsible for all expenses including base rent, taxes, insurance, CAM, and roof & structure
- Excellent Preschool / Daycare Enrollment - Fully enrolled school with waiting list - Long-term security for tenant and investor
- Scheduled 2% Annual Rental Increases - Reliable and consistent cash flow growth for investor
- Top Tier Orange County Location in Costa Mesa (Newport Beach) - Highly Affluent Location
- Highly Affluent Area / Strong Demographics - Over 326,147 residents living within a 5 mile radius, with an average household income of $152,219
Executive Summary
Brand New Long-Term (20-Year) Absolute NNN Sale Leaseback in Costa Mesa (Newport Beach), CA
Property Facts
| Price | $11,422,800 CAD | Lot Size | 0.62 AC |
| Price Per SF | $1,831.46 CAD | Building Size | 6,237 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.27% | Year Built | 1960 |
| Property Type | Specialty | Parking Ratio | 3.69/1,000 SF |
| Property Subtype | Schools | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R2-HD - high-density residential district | ||
| Price | $11,422,800 CAD |
| Price Per SF | $1,831.46 CAD |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 6,237 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 3.69/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2-HD - high-density residential district |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 424-241-10 | Improvements Assessment | $1,559,159 CAD |
| Land Assessment | $3,515,852 CAD | Total Assessment | $5,075,011 CAD |
Property Taxes
Parcel Number
424-241-10
Land Assessment
$3,515,852 CAD
Improvements Assessment
$1,559,159 CAD
Total Assessment
$5,075,011 CAD
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1815 Anaheim Ave - Abs NNN Leased - Kiddie Academy - Costa Mesa
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