Single-tenant parcel of approximately 0.54 acres. The subject site was previously occupied by the iconic Margaritaville. City lot located directly behind the subject property contains over 100 parking stalls – providing additional customer and employee parking options. Newport Beach has strong f&b momentum that is expected to accelerate – newly signed restaurants in the area include Ocean 48, JOEY, Starfish, Newport Whaler, Parakeet Café, etc.