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Wattson Corporate Plaza III 3620 Birch St 12,381 SF 100% Leased Office Building Newport Beach, CA 92660 $8,772,000 ($708.50/SF) 4.02% Cap Rate
INVESTMENT HIGHLIGHTS
- ±12,381-SF | Currently 100% Leased to Four Tenants
- Prime Location | 2,500 New Housing Units Expected in the Area & Surrounded by Amenities
- Located in the Immediate Vicinity of John Wayne Airport and the 73, 55, and 405 Freeways
- Extremely Rare Newport Beach Medical Investment Opportunity
- High-Image Interiors Featuring Modern, Creative Buildouts Throughout
EXECUTIVE SUMMARY
Extremely Rare Newport Beach Medical Investment Opportunity
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
12,381 SF
Building Class
B
Year Built
1990
Price
$8,772,000
Price Per SF
$708.50
Cap Rate
4.02%
NOI
$352,634
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,191 SF
Building FAR
0.36
Lot Size
0.79 AC
Zoning
M1A
Parking
250 Spaces (20.19 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Property Manager on Site
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PROPERTY TAXES
| Parcel Number | 427-231-29 | Improvements Assessment | $1,549,540 |
| Land Assessment | $5,915,330 | Total Assessment | $7,464,870 |
PROPERTY TAXES
Parcel Number
427-231-29
Land Assessment
$5,915,330
Improvements Assessment
$1,549,540
Total Assessment
$7,464,870
CONTACTS
-
Geoffrey DeWolf -
Matthew Economos -
Steve Economos -
David Economos -
Economos DeWolf, Inc.
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Wattson Corporate Plaza III | 3620 Birch St
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