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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 | $8,768,000 CAD | Status | Active |
| Price / SF | $979.77 CAD / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 4.88% | Total Building Size | 8,949 SF |
| Sale Type | Investment NNN | Total Land Area | 1.24 AC |
| Price | $8,768,000 CAD |
| Price / SF | $979.77 CAD / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 4.88% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,949 SF |
| Total Land Area | 1.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Tire Shop
2015 Harbor Blvd, Costa Mesa, CA 92627 |
Retail | 6,579 SF | 2006 | - |
|
Car Wash
2015 Harbor Blvd, Costa Mesa, CA 92627 |
Specialty | 2,370 SF | 2006 | - |
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