Listed by Avant Real Estate Inc
$6,042,067
Costa Mesa, CA | NNN Auto Center Investment
Details
APN 139-201-10
Property Type Retail
Sub Type Auto Shop
Square Footage 8,402
Net Rentable (SqFt) 8,402
Cap Rate 4.5%
NOI $271,920
Occupancy 100%
Tenancy Single
Brand/Tenant Eurocar
Lease Type NNN
Rent Bumps Yes
Lease Options one (1) 5-year option
Pro-Forma Cap Rate 4.5%
Pro-Forma NOI $271,920
Price per SqFt $719
Class B
Year Built 2006
Buildings 1
Stories 1
Lot Size (SqFt) 25,535
Zoning Commercial (Buyer to verify)
Investment Type Net Lease
Lease Commencement 09/01/2025
Occupancy Date 08/22/2022
Ownership 3005 Harbor Blvd CM LLC
Sale Condition 1031 exchange
Long-Term NNN Lease with Stable Income in Prime Harbor Blvd Corridor
Marketing description
Premier NNN investment opportunity featuring a recently extended 10-year lease providing stable income through 2035. Located on Harbor Blvd with ±57,000 VPD in a high-demand Costa Mesa corridor, the property offers strong visibility, affluent demographics, and potential upside through remaining vacancy—ideal for 1031 and passive investors.
Investment highlights
Premier NNN investment opportunity featuring a recently extended 10-year lease providing stable income through 2035. Located on Harbor Blvd with ±57,000 VPD in a high-demand Costa Mesa corridor, the property offers strong visibility, affluent demographics, and potential upside through remaining vacancy—ideal for 1031 and passive investors.
Listing Contacts
Listed by Avant Real Estate Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$271,920.00
$22,660.00/mo
Valuation Metrics
0
DSCR
4.5%
Cap Rate
4.5%
ROI
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