Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Irreplaceable, Generational, Southern California Coastal Real Estate
  • Leasing Momentum
  • Strong Retail Fundamentals
  • Dense, Affluent Trade Area, Wide Drawing Radius
  • Internet Resistant Tenant Roster
  • Below Market Rents/Growth

Executive Summary

Newmark Pacific Retail Capital Markets is pleased to present the opportunity to acquire Triangle Square, a 194,241 square foot entertainment center located at the end of the 55 Freeway (96,000 CPD) in Costa Mesa, California. Triangle Square is located at the entrance to the uber affluent and dense Newport Beach trade area. Anchored by a very popular 24-Hour Fitness and a 8-screen movie theater, the center boasts a high-end roster of restaurants and food uses (Casa de Onda, OJI Sushi, Prince Street Pizza, Westwood Coast, Tavern & Bowl, Café Sevilla, and The Yard House), Time Nightclub, and modern spa user ASPIRE Salon Studios.
The tenants cater to an affluent and dense trade area with 340,247 people within 5 miles of the center earning nearly $168,801 annually. The demographics improve even more on the Newport Coast, one of the most affluent pockets in the country. Nearly 15% of the center has been leased since COVID indicating robust interest in the center. Rents are more than 12% below market allowing for a new buyer to grow income by more than over $2.2 million over the next 10 years.
Triangle Square Deal Page: https://platform.reverecre.com/project/bef3acc6-77e1-4b0f-a1d3-60220bc65d3c

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
194,241 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1993/2013
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.03
Lot Size
4.33 AC
Zoning
PDC - Planned Development
Frontage
589’ on Harbor Blvd

Amenities

  • Bus Line
  • Corner Lot
  • Courtyard
  • Pylon Sign
  • Signage
  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

A lot can change in 40 years. The mission remains the same: to help the community live healthier and happier through the transformative power of fitness. The world is ready, however, for a new definition of fitness – one that includes focus and recovery in addition to fuel and performance. Throughout their clubs, programming and 24GO® fitness app, they help members find strength in 24 across all of these modalities. 24 Hour Fitness clubs provide thousands of square feet of modern equipment, turf zones, free weights, and functional training areas, along with personal and group fitness training, and studio classes such as yoga, HIIT and cycle. Infrared saunas, cold plunges, saunas and steam rooms support physical recovery to keep members charging toward their goals. The 24GO® fitness app includes thousands of workouts, meditations and recovery routines for inside the club, at home or on the go.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

La Vida Cantina is an authentic Mexican restaurant, offering a menu of traditional recipes presented with a modern twist. Guests can enjoy dining al fresco on La Vida Cantina’s beautiful patio, which seemingly transports diners to a Mexican coastal Mexican resort, with its large pentagon-shaped bar, multiple fire features and two oversized palapas.

  • Retailer
  • -
  • -
  • -
  • Jan 0000

Rizo Sports began as a retailer focused on sports cards and trading card games, building its business around authenticated collectibles and a curated product mix. The company sells sealed boxes, packs, singles, graded cards, Pokemon products, figurines, and supplies through an online store and a network of Southern California retail locations. Rizo Sports supports the hobby through buy, trade, and grade services, along with live breaks, events, tournaments, and trade nights that bring collectors together. The business maintains a market presence centered on card collecting, trading card games, and community-focused retail.

  • Arts, Entertainment, and Recreation
  • -
  • $9.99
  • -
  • Jan 0000

Tavern+Bowl began in 2007 and serves Orange County as a bowling and tavern venue centered on casual dining and group entertainment. The company offers bowling lanes, a scratch kitchen, a full bar, craft beer, daily specials, sports viewing, and space for birthday parties, corporate events, team building, and catering. Tavern+Bowl also supports league play and private gatherings through the Costa Mesa location, combining food, drinks, and bowling under one roof.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Time Nightclub opened as a nightclub and special events venue in Costa Mesa's Orange County nightlife corridor. Time Nightclub hosts DJ performances, EDM shows, themed dance parties, VIP bottle service, table reservations, and private or corporate event rentals. The business also operates as a 21-and-over cashless venue with a dress code, full-service bars, tiered booth seating, and an immersive lighting and sound setup. The venue maintains a steady schedule of club nights, concerts, and special events, giving Time Nightclub a broad presence in the regional nightlife and live-entertainment market.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Westwood Coast is a casual steakhouse and country music ultra lounge, featuring elevated food and handcrafted drinks tied together with Western decor and amazing music & entertainment made famous by America's heartland. They pair the best cooking techniques with quality ingredients and an attention to detail, whereas at the bar, you’ll find a 100+ bottles of American Bourbon and fine international whiskies at your fingertips, with select cask-picks available to Smoked Spirit Society members. Evening entertainment is what Westwood Coast is known for. From acoustic sets during dinner, to weekly line dancing lessons, to weekend entertainment, they showcase the finest country music to Orange County.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Arts, Entertainment, and Recreation - $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000
Retailer - - - Jan 0000
Arts, Entertainment, and Recreation - $9.99 - Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 103
  • 1,371 SF
  • Retail
  • -
  • 60 Days

Retail space available for lease.

  • 217
  • 3,853 SF
  • Restaurant
  • End Cap
  • Now
Space Size Space Use Position Available
103 1,371 SF Retail - 60 Days
217 3,853 SF Restaurant End Cap Now

103

Size
1,371 SF
Space Use
Retail
Position
-
Available
60 Days

217

Size
3,853 SF
Space Use
Restaurant
Position
End Cap
Available
Now

103

Size 1,371 SF
Space Use Retail
Position -
Available 60 Days

Retail space available for lease.

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

The Coffee Bean & Tea Leaf
Grocery Outlet
Credit Union of Southern California
Bank of America
Chase Bank
Toyota
Buffalo Wild Wings
Smart & Final
Mother's Market & Kitchen
Jazzercise

Property Taxes

Property Taxes

Parcel Number
424-231-25
Land Assessment
$30,390,903 CAD
Improvements Assessment
$57,295,401 CAD
Total Assessment
$87,686,304 CAD
  • Listing ID: 40837786

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 1870 Harbor Blvd, Costa Mesa, CA 92627

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}