204 RIVERSIDE AVE NEWPORT BEACH CA 92663-4011
100% Lease, Single Tenant NNN
Marketing description
MARINERS’ MILE REVITALIZATION
SINGLE-TENANT NNN INVESTMENT
RARE UNDER $5 MILLION SINGLE-TENANT OPPORTUNITY
ABUNDANT PUBLIC PARKING
PRIME NEWPORT BEACH LOCATION
HIGH BARRIER-TO-ENTRY MARKET
AFFLUENT COASTAL DEMOGRAPHICS
WALKABLE RETAIL ENVIRONMENT
Investment highlights
Coastal Commercial is pleased to present 204 Riverside Avenue, a rare single-tenant NNN investment opportunity located in the heart of Newport Beach. The approximately ±1,900 SF retail property is positioned within one of Southern California’s most affluent and supply-constrained coastal markets, offering investors stable income, passive ownership, and long-term appreciation potential.
Strategically located near Newport Harbor and surrounded by affluent residential neighborhoods, premier dining, retail amenities, and coastal attractions, the property benefits from strong pedestrian activity and exceptional demographics. The single-tenant NNN lease structure minimizes
landlord responsibilities while providing an attractive investment opportunity for both private and institutional buyers.
204 Riverside Avenue represents one of a few rare opportunities in Newport Beach priced under $5 million, creating a rare entry point into a highly sought-after coastal investment market. Positioned along the rapidly transforming Mariners’ Mile corridor, the property stands to benefit from significant ongoing revitalization efforts, including upgraded retail frontages, mixed-use redevelopment projects, and enhanced waterfront amenities that continue to elevate the area’s appeal as a premier retail and dining destination.
As the only owner-user sized opportunity currently available on Mariners’ Mile, the asset offers exceptional flexibility for investors and future occupants alike. Coupled with Newport Beach’s limited retail inventory, strong barriers to entry, and continued demand for coastal commercial real estate, 204 Riverside Avenue presents a compelling opportunity to acquire a well-located asset with
durable long-term fundamentals and meaningful upside potential.
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