AVAILABILITY DETAILS
- Size
- 9,950 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA407362
- Notes
- INVESTMENT OVERVIEW
HIGHLIGHTS
• Rare Oppurtinity to Acquire Eastside Coasta Mesa Mixed-used Investment
• Immediate Upsite in Increasing Below Market Rents (Potential 6.9% Cap Rate / 85% + Increase in NOI)
• Prominent Pylon & Building Signage Along Newport Boulevard & 55 Freeway
• Recent Upgrades to Facade, Signage, and Interiors
• Trophy Location with Access to Schools, Recreation, Jobs, and Entertainment
APN 439-281-03
PRICE $4,000,000
CAPITALIZATION RATE 3.66%
CAPITALIZATION RATE PRO FORMA 6.69%
PRICE PER SQUARE FOOT $402.01
YEAR BUILT / RENOVATED 1936/2016
GROSS LEASABLE AREA 9,950
LOT SIZE 19,602
ZONING COMMERCIAL
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Matt Hardke, Vantis Capital Advisors