1921 Harbor Blvd
Costa Mesa, CA 92627
Retail Property For Sale

Fully leased retail investment property across from The Triangle in Costa Mesa. True NNN tenants with long term leases. Yearly NOI of $172,352 (plus CAM and management fees) yields a 4.3% CAP rate in year one and increases every year with 3% yearly rent increases for both tenants until 2023. This property is in a highly desirable coastal Southern CA area which is rapidly appreciating and is close to a number of luxury residential areas. New AC units and new high quality storefront windows have been installed. Both retail units have ground level entrances and access from the rear of the property. The roof, which recently underwent regular maintenance, is in great condition. Rent roll available upon request.”