2428 Newport Blvd - Freestanding FOR SALE


Costa Mesa, CA 92627- East Side Costa Mesa
$3,095,000 USD
714-267-7777
2428 Newport Blvd, Costa Mesa, CA for Sale
$3,095,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

2428 Newport Blvd
Costa Mesa, CA 92627
East Side Costa Mesa


HIGHLIGHTS

  • Prominent Pylon & Building Signage Along Newport Boulevard
  • Value-Add Potential – Upside in restructuring leases to NNN and bringing rents to market, enhancing long-term investment returns.
  • Trophy Location – Prime retail positioning near schools, recreation, major employment hubs, and entertainment, driving strong tenant demand.
  • Additional Revenue Streams – Coveted gated storage yard generates supplementary income.
  • Ample Parking | 35 spaces | Exceptional 6.22 parking ratio, ensuring convenience for tenants and customers.
  • Unmatched Accessibility – Convenient access to 55, 405, and 73 freeways, ensuring high traffic flow and ease of customer access.

OVERVIEW

OCAP Real Estate is pleased to present the opportunity to acquire a prime Costa Mesa retail strip which offers exceptional visibility along Newport Boulevard, with prominent pylon and building signage maximizing exposure. Ideally positioned with convenient access to the 55, 405, and 73 freeways, this trophy location is surrounded by schools, recreation, major employment hubs, and entertainment, ensuring strong tenant demand. With significant upside potential, investors can capitalize on restructuring leases to NNN and bringing rents to market for increased long-term returns. A coveted gated storage yard provides additional income, while recent facade and signage upgrades enhance the property’s curb appeal. Plus, an exceptional 6.22 parking ratio (34 Spaces) offers ample convenience for both tenants and customers. This is a premier value-add investment in one of Orange County’s most sought-after retail corridors—an opportunity not to be missed. Contact us today for more details and to schedule a private tour.

FOR SALE DETAILS

PRICE

$3,095,000 USD

PRICE/SF

$550 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C2

APN/PARCEL ID

439-281-04

ASK ABOUT THIS PROPERTY

Donn YuOCAP Real Estate & FinancialMore Info
714-267-7777

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Donn YuOCAP Real Estate & FinancialMore Info
714-267-7777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.