1770-1784 Newport Blvd 6 Retail Properties in Costa Mesa, CA
INVESTMENT HIGHLIGHTS
- First time ever offered on the market for sale
- Potential rezoning and adding additional square footage for lease with existing building
- Contract rents expiration dates within the same time frame for future development
- Prime 6 - 7 tenant nonconforming retail center with exceptional mix of retail & service
- 3 points of ingress and egress provide vehicular circulation
EXECUTIVE SUMMARY
Voit Real Estate Services is pleased to announce the offering of 1770-1784 Newport Blvd. in Costa Mesa, California. This opportunity is a 32,035 square foot retail property located in the heart of Costa Mesa and coastal Newport Beach. Located within walking distance of the iconic Triangle Square. The property boasts a traffic count on Newport Boulevard of more than 92,000 cars per day. We have recently renewed leases at the Property providing a unique opportunity for an investor or owner user to acquire the property and drive significant value through the tenanting of the largest vacancies in the project and the repurposing of an existing industrial building offering a unique opportunity to acquire a trophy asset with the ability to create value and increase net operating income by filling vacancies
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 32,035 SF |
| Total Land Area | 4.06 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1770 C Newport Blvd, Costa Mesa, CA 92627 | Retail | 6,840 SF | 1981 | - |
| 1784 Newport Blvd, Costa Mesa, CA 92627 | Retail | 2,700 SF | 1941 | - |
| 1780 Newport Blvd, Costa Mesa, CA 92627 | Retail | 2,136 SF | 1952 | - |
| 1770 Newport Blvd, Costa Mesa, CA 92627 | Retail | 14,100 SF | 1982 | - |
| 1770B Newport Blvd, Costa Mesa, CA 92627 | Retail | 2,445 SF | 1982 | - |
| 1776-1778 Newport Blvd, Costa Mesa, CA 92627 | Retail | 3,814 SF | 1990 | - |
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