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621 W 19th St 4,898 SF 58% Leased Retail Building Costa Mesa, CA 92627 $3,442,000 ($702.74/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on 19th Street, a major high traffic thoroughfare with more than 33,000 VPD
- Across from In-N-Out, DMV, Goodwill Store, and near other major tenants such as Bank of America, BevMo, Rubio’s, etc.
EXECUTIVE SUMMARY
Great opportunity for a user or investor. The property is located on 19th Street, a major high traffic thoroughfare with more than 33,000 VPD, and sits across from In-N-Out, DMV, Goodwill Store, and near other major tenants such as Bank of America, BevMo, Rubio’s, Dun Edwards Paint, 24 Hour Fitness, CVS, Grocery Outlet, and more. Call for additional information.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,898 SF
Building Class
C
Year Built/Renovated
1958/2007
Price
$3,442,000
Price Per SF
$702.74
Cap Rate
5.25%
NOI
$180,735
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
C-1 - Local Business District.
Parking
15 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Retail/Medical Space
| Space | Size | Space Use | Position | Available |
| B | 2,071 SF | Retail | In-Line | Now |
B
| Size |
| 2,071 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
B
| Size | 2,071 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Retail/Medical Space
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 424-211-06 | Improvements Assessment | $1,394,950 |
| Land Assessment | $772,352 | Total Assessment | $2,167,302 |
PROPERTY TAXES
Parcel Number
424-211-06
Land Assessment
$772,352
Improvements Assessment
$1,394,950
Total Assessment
$2,167,302
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621 W 19th St
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