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2015 Harbor Blvd - Car Wash 2,370 SF Specialty Building Offered at $8,809,792 CAD at a 4.88% Cap Rate in Costa Mesa, CA 92627
Investment Highlights
- 15-year lease in place through 2038 delivering durable, predictable cash flow
- Strategically positioned on Harbor Blvd with ±39,000 VPD in a supply-constrained Orange County market
- Rare opportunity to acquire a stabilized, low-management investment in one of Southern California’s most desirable retail corridors
- True passive investment with minimal landlord responsibility and expense exposure
- Affluent, high-density trade area with significant consumer spending supporting long-term tenant performance
Executive Summary
NNN investment opportunity priced at $6,400,000, secured by long-term tenancy through 2038, offering stable, passive income with minimal landlord responsibilities. The asset is positioned on a prime Costa Mesa retail corridor with strong traffic counts, excellent visibility, and surrounding national co-tenancy, making it a highly desirable investment for 1031 exchange and passive investors seeking long-term security and growth.
Property Facts
| Price | $8,809,792 CAD | Property Subtype | Car Wash |
| Price Per SF | $3,717.21 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 4.88% | Building Size | 2,370 SF |
| Sale Condition | 1031 Exchange | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2006 |
| Zoning | C2 - General Business District | ||
| Price | $8,809,792 CAD |
| Price Per SF | $3,717.21 CAD |
| Sale Type | Investment |
| Cap Rate | 4.88% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 2,370 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Zoning | C2 - General Business District |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 422-091-24 | Improvements Assessment | $2,396,370 CAD |
| Land Assessment | $2,396,372 CAD | Total Assessment | $4,792,742 CAD |
Property Taxes
Parcel Number
422-091-24
Land Assessment
$2,396,372 CAD
Improvements Assessment
$2,396,370 CAD
Total Assessment
$4,792,742 CAD
Contacts
-
Ara Tchaghlassian -
Gilly Berdin -
Camille Lopez de Leon
-
Avant Real Estate, Inc.
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2015 Harbor Blvd - Car Wash
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