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Iconic Building + Pylon Sign in Heart of CDM 3141 E Coast Hwy 2,329 - 8,873 sq ft of Retail Space Available in Newport Beach, CA 92625
HIGHLIGHTS
- Dedicated parking field + bonus city parking immediately behind premises
- Rare convenient CDM access via left-in and right-in access from PCH and Larkspur Ave
- Platinum demographics in the surrounding Newport neighborhoods
- Drive-thru opportunity + side loading
- Superior positioning along PCH (over 50K CPD) provides “hard to miss” visibility + pylon sign
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 2,329-8,873 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Freestanding Building with Divisible Options - Retail/Restaurant + Patio & Drive-Thru Endcap Opportunity
- Fully Fit-Out as a Local Shop
- Unit is standalone
- Central Air Conditioning
- Dedicated parking field
- Bonus city parking immediate behind premises
- Drive-thru opportunity with side loading
- Left & Right-in Access from PCH & Lakespur Ave
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net (NNN) rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rent structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 8,873 sq ft | Net Internal Area (NIA) | 8,873 sq ft |
| Min. Divisible | 2,329 sq ft | Year Built/Renovated | 1959/1997 |
| Property Type | Retail | Parking Allocation | 2/1,000 sq ft |
| Property Subtype | Pharmacy | Cross Streets | Bayside |
| Total Space Available | 8,873 sq ft |
| Min. Divisible | 2,329 sq ft |
| Property Type | Retail |
| Property Subtype | Pharmacy |
| Net Internal Area (NIA) | 8,873 sq ft |
| Year Built/Renovated | 1959/1997 |
| Parking Allocation | 2/1,000 sq ft |
| Cross Streets | Bayside |
ABOUT THE PROPERTY
Extraordinary freestanding building in Corona Del Mar with unique convenience
- Bus Route
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
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Iconic Building + Pylon Sign in Heart of CDM | 3141 E Coast Hwy
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