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1869 SF Storefront Retail/Medical Office 511 E Balboa Blvd 1,869 SF of Retail Space Available in Newport Beach, CA 92661
HIGHLIGHTS
- Historic Landmark
- Short walk to Balboa pier
- Pristine location across the street from Balboa Fun Zone
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,869 SF | 1 Year | $66.84 CAD/SF/YR $5.57 CAD/SF/MO $124,918 CAD/YR $10,410 CAD/MO | TBD |
1st Floor, Ste A
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Recessed Lighting
- Shower Facilities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1869 SF STOREFRONT RETAIL/MEDICAL OFFICE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Farah Financial Services
- Finance and Insurance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Farah Financial Services | Finance and Insurance | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,869 SF | Gross Leasable Area | 3,827 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,869 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,827 SF |
| Year Built | 1930 |
ABOUT THE PROPERTY
Positioned directly across from the iconic and always-bustling Balboa Fun Zone, this fully renovated commercial space offers unmatched visibility and foot traffic in the heart of Newport Beach. Perfectly suited for a medspa, retail concept, or professional office, the property has been thoughtfully upgraded to provide a turn-key experience. Highlights include: Built-out treatment rooms ideal for medical, wellness, or spa use A newly renovated kitchen and break area Fresh interior with new paint and modern finishes throughout Flexible, open layout designed to accommodate a variety of uses Steps away from restaurants, shopping, harbor activities, and year-round tourist attractions With its unbeatable location on the Peninsula and its gorgeous, move-in ready interiors, this property presents a rare opportunity to establish your business in one of Southern California’s most desirable coastal communities.
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
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1869 SF Storefront Retail/Medical Office | 511 E Balboa Blvd
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