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Faits saillants de l'investissement
- One-of-a-Kind, Costa Mesa Grocery-Anchored Shopping Center – Rare grocery anchored offering west of the 405 Freeway in highly desirable Costa Mesa
- Dominant Newport Boulevard Presence – Over 400 linear feet of frontage along Newport Blvd (±95,600 CPD)
- Strong Historical Occupancy – Fifteen tenants totaling over 77,743 SF (47% of leased GLA) have occupied the property for 10 or more years
- Premier, Core Retail Location – Positioned within a dense 4.1 million SF retail corridor (1.5-mile radius)
- Embedded Upside – Near-term re-tenanting opportunity in the former Buffalo Wild Wings space (DARK, LXD April 2029, ±6,300 SF)
- High Performing Tenancy – National retailers including CVS Pharmacy, BevMo!, and more average $680+ PSF in annual sales
Résumé de l'annonce
* One-of-a-Kind, Costa Mesa Grocery-Anchored Shopping Center – Rare grocery anchored offering west of the 405 Freeway in highly desirable Costa Mesa, featuring Grocery Outlet, CVS Pharmacy, BevMo!, and Club Studio, complemented by a curated mix of medical, service, and food-and-beverage tenants.
* Premier, Core Retail Location – Positioned within a dense 4.1 million SF retail corridor (1.5-mile radius), surrounded by top-tier retailers including Trader Joe’s, Raising Cane’s, and Joe & the Juice, with Erewhon and Bear Flag opening soon.
* Dominant Newport Boulevard Presence – Over 400 linear feet of frontage along Newport Blvd (±95,600 CPD), the primary coastal commuter corridor, maximizing visibility and capture from daily pass-by traffic.
* Embedded Upside – Near-term re-tenanting opportunity in the former Buffalo Wild Wings space (DARK, LXD April 2029, ±6,300 SF), combined with mark-to-market potential as 42% of GLA expires within the next four years, balanced by a WALT of 5.9 years and a CAGR of 3.0%.
* Strong Historical Occupancy – Fifteen tenants totaling over 77,743 SF (47% of leased GLA) have occupied the property for 10 or more years, providing a secure and established income foundation.
* High Performing Tenancy – National retailers including CVS Pharmacy, BevMo!, The Coffee Bean, Ike’s Sandwiches, Dunn Edwards, The UPS Store and more average $680+ PSF in annual sales, demonstrating strong tenant productivity across the center.
* Premier, Core Retail Location – Positioned within a dense 4.1 million SF retail corridor (1.5-mile radius), surrounded by top-tier retailers including Trader Joe’s, Raising Cane’s, and Joe & the Juice, with Erewhon and Bear Flag opening soon.
* Dominant Newport Boulevard Presence – Over 400 linear feet of frontage along Newport Blvd (±95,600 CPD), the primary coastal commuter corridor, maximizing visibility and capture from daily pass-by traffic.
* Embedded Upside – Near-term re-tenanting opportunity in the former Buffalo Wild Wings space (DARK, LXD April 2029, ±6,300 SF), combined with mark-to-market potential as 42% of GLA expires within the next four years, balanced by a WALT of 5.9 years and a CAGR of 3.0%.
* Strong Historical Occupancy – Fifteen tenants totaling over 77,743 SF (47% of leased GLA) have occupied the property for 10 or more years, providing a secure and established income foundation.
* High Performing Tenancy – National retailers including CVS Pharmacy, BevMo!, The Coffee Bean, Ike’s Sandwiches, Dunn Edwards, The UPS Store and more average $680+ PSF in annual sales, demonstrating strong tenant productivity across the center.
Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 216 369 pi² |
| Nombre de propriétés | 7 | Superficie totale du terrain | 48,71 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 7 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 216 369 pi² |
| Superficie totale du terrain | 48,71 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
C
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 78 492 pi² | 1986 | - |
|
B
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 59 752 pi² | 1986 | - |
|
D
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 27 510 pi² | 1986 | - |
|
A
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 24 847 pi² | 1986 | - |
|
E
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 14 758 pi² | 1986 | - |
|
F
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 6 300 pi² | 1986 | - |
|
G
1835 Newport Blvd, Costa Mesa, CA 92627 |
Commerce de détail | 4 710 pi² | 1986 | - |
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