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Listed by Matthew Hustad • Engel & Voelkers Newport Beach
$3,700,000
Est. payment /mo
6,534 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,534 sqft
Price per Sqft $566
MLS Listing ID CROC24091984
HOA Y/N No
Year Built 1945
Lot Size 6,534 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Welcome to your chance to invest in a premier property strategically situated in the heart of Capistrano Beach/Dana Point, just off Pacific Coast Highway at the Doheny Road Exit. This remarkable investment opportunity boasts a Triple-Net (NNN) long-term lease with a National Credit Tenant, making it a secure and reliable investment choice. Prime Location: Conveniently located directly off the freeway exit when entering Dana Point from Interstate 5, ensuring maximum visibility and accessibility. National Credit Tenant: Secured lease with a reputable tenant offering electric car chargers for the public, with thousands of charging stations nationwide. Tenant Improvements: State-of-the-art charging stations and equipment for electric vehicles are scheduled to be installed on-site, enhancing the property's appeal and functionality. Long-Term Income Potential: Benefit from a stable and predictable income stream with this long-term lease, providing an impressive Net Operating Income (NOI) and a favorable capitalization rate (cap rate). Beachside Advantage: Perfectly positioned across from the iconic Doheny State Beach, this property enjoys the charm of a legacy neighborhood, making it a coveted asset in an incredible beach community. Investment Appeal: With the rising demand for electri
Location
State CA
County Orange
Interior
Fireplace No
Building
Water Public
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