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Fully-Improved Waterfront Restaurant 2406 Newport Blvd
4,972 SF of Retail Space Available in Newport Beach, CA 92663
Highlights
- Turn-Key Bayfront Restaurant & Bar
- 7 Million Annual Visitors & 233k Average Income
- Large Parking Lot with 40+ Spaces
- Unrivaled Harbor and Ocean Views
- Prominent Pylon and Building Signage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 4,972 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
2406 Newport Boulevard is an iconic waterfront restaurant building offering unrivaled views of both Newport Harbor and the Pacific Ocean. Its two-story layout maximizes visibility along the 75 feet on bay frontage with modern floor-to-ceiling windows, roll-up patio doors, and second floor patio deck. The space is built out with a full kitchen, expansive bars on each level, walk-in cooler, keg storage room, and elevator. The property offers prominent pylon and building signage, a large parking lot with 40+ parking spaces and convenient access to Newport Boulevard in either direction with two curb cuts for ingress and egress. It is located on Balboa Peninsula, Newport Beach’s premier tourist, recreation, and dining destination with 7 million annual visitors and average household income of 233k.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Turn-Key Bayfront Restaurant & Bar
- Unrivaled Harbor and Ocean Views
- 7 Million Annual Visitors & 233k Average Income
- Prominent Pylon and Building Signage
- Large Parking Lot with 40+ Spaces
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 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 broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate 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 rental rate 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 FOR 2406 Newport Blvd , Newport Beach, CA 92663
Property Type | Retail | Year Built | 1973 |
Gross Leasable Area | 4,972 SF | Parking Ratio | 8.05/1,000 SF |
Property Type | Retail |
Gross Leasable Area | 4,972 SF |
Year Built | 1973 |
Parking Ratio | 8.05/1,000 SF |
About the Property
2406 Newport Boulevard is an iconic waterfront restaurant building offering unrivaled views of both Newport Harbor and the Pacific Ocean. Its two-story layout maximizes visibility along the 75 feet on bay frontage with modern floor-to-ceiling windows, roll-up patio doors, and second floor patio deck. The space is built out with a full kitchen, expansive bars on each level, walk-in cooler, keg storage room, and elevator. The property offers prominent pylon and building signage, a large parking lot with 40+ parking spaces and convenient access to Newport Boulevard in either direction with two curb cuts for ingress and egress. It is located on Balboa Peninsula, Newport Beach’s premier tourist, recreation, and dining destination with 7 million annual visitors and average household income of 233k.
Nearby Major Retailers
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Fully-Improved Waterfront Restaurant | 2406 Newport Blvd
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