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3005 Harbor Blvd 8,402 SF Retail Building Costa Mesa, CA 92626 $8,322,948 CAD ($990.59 CAD/SF) 4.50% Cap Rate
Investment Highlights
- Newly extended 10-year lease ensures predictable income through 2035
- High-exposure corridor with significant daily traffic
- Dense, affluent population driving retail demand
- Recent extension signals strong performance and long-term viability at the site
- Minimal landlord responsibilities (if applicable)
- Minutes from South Coast Plaza and surrounding commercial hubs
Executive Summary
NNN investment opportunity priced at $6,042,667, secured by a newly extended 10-year lease through 2035, offering durable and predictable cash flow. The asset is positioned along Harbor Boulevard with ±57,000 VPD in a high-barrier-to-entry Orange County submarket, surrounded by major national retailers and dense, affluent demographics.
This offering provides a rare opportunity to acquire a stabilized, low-management asset in one of Southern California’s most active retail corridors, with strong tenant commitment and long-term income security, making it ideal for 1031 exchange and passive investors seeking both stability and growth.
This offering provides a rare opportunity to acquire a stabilized, low-management asset in one of Southern California’s most active retail corridors, with strong tenant commitment and long-term income security, making it ideal for 1031 exchange and passive investors seeking both stability and growth.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,402 SF
Building Class
C
Year Built
1969
Price
$8,322,948 CAD
Price Per SF
$990.59 CAD
Cap Rate
4.50%
NOI
$374,570 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.59 AC
Zoning
C1 - Local Business District
Frontage
105’ on Harbor Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Euro Car Doctors
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Euro Car Doctors | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-201-10 | Improvements Assessment | $532,972 CAD |
| Land Assessment | $4,752,750 CAD | Total Assessment | $5,285,721 CAD |
Property Taxes
Parcel Number
139-201-10
Land Assessment
$4,752,750 CAD
Improvements Assessment
$532,972 CAD
Total Assessment
$5,285,721 CAD
Contacts
-
Ara Tchaghlassian -
Gilly Berdin -
Camille Lopez de Leon
-
Avant Real Estate, Inc.
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3005 Harbor Blvd
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