Costa Mesa, CA | Two-Tenant NNN Automotive Investment
Auto Shop & Carwash Retail | 4.88% CAP | 6,579 SqFt
Marketing description
a premier single-tenant NNN automotive investment located in the highly sought-after Costa Mesa retail corridor in Orange County, California.
The property features a recently executed 15-year lease (commenced December 2023), providing investors with long-term income stability and predictable cash flow. Structured as a true NNN investment, the asset offers minimal landlord responsibilities, making it an ideal passive investment for 1031 exchange and private capital buyers.
Strategically positioned along Harbor Boulevard with approximately 39,000 vehicles per day, the property benefits from exceptional visibility, strong traffic counts, and direct access within a dense, high-income coastal market. The surrounding area is supported by national retailers, strong consumer spending, and proximity to major destinations including Newport Beach, South Coast Plaza, and John Wayne Airport.
Comprised of a ±6,579 SF building on ±26,914 SF of land, including an auto service center and car wash, the asset is well-positioned within a proven automotive corridor with strong long-term tenant demand.
This offering represents a rare opportunity to acquire a stabilized, income-producing asset in a high-barrier-to-entry Orange County market with strong fundamentals and long-term growth potential.
Investment highlights
- Single-Tenant NNN Asset with Multiple Revenue Streams (Auto + Car Wash)
- Stabilized Long-Term Income in High-Barrier Coastal Market
- Prime Harbor Blvd Exposure (±39K VPD) driving strong business performance
- Passive Investment with Built-In Operational Diversity
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