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1920 W Balboa Blvd
4,636 SF Retail Building Newport Beach, CA 92663 $5,952,850 ($1,284/SF) 4.40% Cap Rate
Investment Highlights
- Investment grade tenant – 7-Eleven rated A (Stable) by Standard & Poors
- Rare coastal Orange County retail offering with High Barriers to Entry
- Dense surrounding population – 196,173 residents within a 5-mile radius
- Recent lease renewal demonstrates 7-Eleven’s commitment to this location
- High income area – average household income is $232,820 within a 1-mile radius and is projected to increase to $261,196 by 2028
- Situated on the famous Balboa peninsula on W Balboa Blvd (~21,000 VPD) across the street from Newport Beach Pier
Property Facts
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
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$9.99
-
Lorem Ipsum
-
Jan 0000
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Welcome to this prime location situated in the heart of Balboa Peninsula, just a stone's throw away from Newport Pier, Balboa Pier, and the Balboa Fun Zone. With its excellent street visibility and close proximity to the dense residential area of Balboa Peninsula, this property offers a fantastic opportunity for businesses to thrive. The area attracts high traffic from weekend beach tourists, ensuring a steady flow of potential customers. Additionally, being adjacent to Lido Marina Village, which features renowned establishments such as Nobu, Warby Parker, Aesop, Blue Bottle, Zinque, and Cynthia Rowley, further enhances the appeal and desirability of this location.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,279 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 1,279 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 1,279 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Welcome to this prime location situated in the heart of Balboa Peninsula, just a stone's throw away from Newport Pier, Balboa Pier, and the Balboa Fun Zone. With its excellent street visibility and close proximity to the dense residential area of Balboa Peninsula, this property offers a fantastic opportunity for businesses to thrive. The area attracts high traffic from weekend beach tourists, ensuring a steady flow of potential customers. Additionally, being adjacent to Lido Marina Village, which features renowned establishments such as Nobu, Warby Parker, Aesop, Blue Bottle, Zinque, and Cynthia Rowley, further enhances the appeal and desirability of this location.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $217,443 | |
| Land Assessment | $5,946,927 | Total Assessment | $6,164,370 |
PROPERTY TAXES
-
Kevin Held -
SRS Real Estate Partners
Presented by
1920 W Balboa Blvd
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