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FABULOUS MIXED USE RETAIL/RESIDENTIAL BUILDING ON BEAUTIFUL BALBOA ISLAND. Undoubtedly the finest building on Balboa Island's Marine Ave. This outstanding building has five retail shops and three wonderful apartments with garages, on a rare double lot. It is within a block and half of the bay on both the north and south sides of the Island. Balboa Island is one of California's most visited beach communities with tourist coming from all over the country and is a year round tourist destination. Many of the rents are substantially below current market rate so there is room for an upside return. This is an extremely rare opportunity to purchase a mixed use property on Balboa Island
Centrally located in Laguna Beach, this approximately 1150 sq ft retail space with large 3 Bed/1 Bath detached apartment, fronts the ocean side of South Coast Highway. Apartment entrance is off of sleepy hollow lane and has a small ocean view. Property is adjacent to Pacific Edge Hotel and across the street from the Holiday Inn. Very close proximity to 100' s of hotel and luxury vacation rentals and less than 100 yards to the beach access on Cleo St. Current tenants are month to month. This is an excellent opportunity for redevelopment or an owner-user to live/work at a single location in the heart of Laguna Beach. Gross Rent is $5390 for the entire building. Please do not disturb the tenants.Ocean side of S. Coast Highway just north of Cleo St in Laguna Beach.
Great retail on PCH near heart of town. Highly visible location on El Camino Real in San Clemente. Current tenants have done multiple upgrades to the interior including installing ADA bathrooms, locker room/showers, upgrading the flooring, and installing a heated yoga studio. All improvements are approved by the city including complete asbestos removal done in 2012. 4 years remain on a 7 year NNN lease with 5% rental increases per year. 2016 Net Income = $46,308 PLEASE DO NOT DISTURB TENANTS.For further information please call Josh Cunningham (949)373-8620
Huge Price Reduction, Seller says sell now, Bring all offers, Extremely Motivated. An Extremely rare mixed use building located in the historical famous Balboa Peninsula. Building is one of the first buildings in the area. Currently is an active restaurant/bakery, approximately, 1,900sq.ft in addition there is additional storage. Upstairs consists of 2 apartments, each is 2 bedroom 1, bath, with separate entrances. Approximately 1,000sqf.t, each unit. W/ Breathtaking views from units and the large balcony. Great potential for vacation rentals. Corner building centrally located in the village and only steps away from the spectacular Balboa Pier, World famous Balboa Pavilion, and the Fun Zone. Building has had several upgrades over the years, including earthquake safety, copper plumbing, electrical etc. Please be respectful of tenants and customers (have not been notified)
The subject offering presents an extremely rare opportunity for an investor to acquire a high profile, irreplaceable Walgreens (14-years remaining on the original term with 5% rental increases every 5 years) in the heart of one of South Orange County' s premier retail developments, Santa Margarita Town Center. The subject property is located at the southeast corner of Santa Margarita Parkway and Las Flores (53,700 vehicles per day at the signalized intersection) in the affluent trade area with the average hold income in excess of $126,000 and a total population of over 212,000. Walgreens (82% of the property' s current income stream) is accompanied by Pacific Dental and Great Clips, who are the original tenants in the building. Pacific Dental and Great Clips are strong seasoned tenants featuring 3% annual increases their rent schedule. Both co-tenants are currently paying below market rent, providing upside for the buyer if the tenants vacate. The offering benefits directly from the unmatched synergy and cross-over shopping created in this dominant center.
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Full Service Hand Car Wash + 2 Bay Oil & Lube High Percentage Of Repeat Business Building And equipment In Excellent Condition Financing Available Unique Opportunity To Buy A Very Profitable Business With Very Little Money Down Call Before Driving By LOCATION!!! LOCATION!!! LOCATION!!!
This property is located in eastside Costa Mesa, Orange County, California. It has a new lease with an experienced Operator which Includes a Personal Guaranty. The lease is Double-Net with Landlord only responsible for Roof and Structure
European style building offers a retail space on Pacific Coast Highway and a separate residential space which includes 4 bedrooms and 3.5 bathrooms. The residential space boasts an ocean view from two of the bedrooms and features a large deck over the garage. Currently tenant occupied with an income of $9,500/month with the tenant paying expenses (except for property taxes). However, this would work great for an end user also.
Marcus & Millichap is pleased to present the DaVita Dialysis in Tustin, California. DaVita will occupy a brand new 10,389 square-foot freestanding building on 0.85 acres and has signed a 15-year NN lease with a projected rent commencement date of August 2015. There are 2.5% annual increases throughout the base term of the lease, including the three, 5-year options. DaVita is strategically located directly off the intersection of CA-55 (Costa Mesa Freeway) and Interstate 5 with a combined daily traffic count of 549,000 cars. The subject property is one-mile from Tustin Legacy, a 1,600- acre master planned community being built on the former Marine Corps Air Station in Tustin. The development includes parks, a commercial retail center and four distinct neighborhoods with various densities of housing with a total of 4,600 units.
A purpose built autmotive and retail facility of, approx, 17,000 sqft on, an approx, 15,000 sqft corner lot. Built around an open core the building contains an auto repair shop, auto detailing shop, coin/metals shop and, on the second floor, two apartments. There are 18 bays, one hoist, service pit for two bays with water, air and electrical connections throughout.