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3700 E Coast Hwy
Corona Del Mar, CA 92625 Corona Del Mar

$5,000,000 USD

Freestanding For Sale  •  2,160 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,160 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1952
  • Cap Rate 4.05 %
  • Tenancy Single
  • Zoning CC
23 Transit Score
86 Walk Score

Highlights

Currently occupied by Douglas Elliman & the Altman Brothers, the property is one of the most prominent buildings along Coast Highway in Corona Del Mar
Rare, single-tenant retail opportunity in Corona Del Mar; this coastal community is in the heart of coastal Orange County
Douglas Elliman invested a significant amount of capital into the property, which highly improved the asset
Lease is 100% NNN with zero Landlord obligations or responsibilities
Cap Rate: 4.05 %

Major Tenants

Tenant SF Occupied Lease End Date
the Altman Brothers 9/30/2027

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Tustin (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 9.9 mi
AirportDriveWalkDistance
John Wayne/Orange County 12 min - 7.4 mi
Long Beach (Daugherty Field) 34 min - 27.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Arthur Flores 714-504-0262 CBRE, Inc.
Arthur Flores 714-504-0262 CBRE, Inc.