Lee & Associates Commercial Real Estate Services, Inc. - Orange is pleased to offer for sale this unique single-tenant net leased investment opportunity located at 4200 Campus Dr., Newport Beach, California. This freestanding building comprised of approximately 11,060 square feet is ideally located in Newport Beach with street frontage on Campus Drive across the street from John Wayne Airport.
The property is situated on an approximate 31,900 square foot land parcel. This asset is a value-added opportunity for an investor looking for a great long term hold in the Newport Beach/Orange County market area with future development upside.
The current tenant has occupied 100% of the building since 2009 and occupies several other properties in the immediate area as well.
±11,060 SF Freestanding Office Building
±8,000 SF Office Space
31,900 SF Lot
Street Frontage on Campus Drive
Freestanding Building in Desirable Newport Beach, California
Excellent Freeway Access to I-405, 55 Freeways, as well as 73 Toll Road
Unique Zoning and Entitlements for Rental Car Facility
Owner User Opportunity / Redevelopment Upside
Adjacent to John Wayne Airport (SNA)
7% Cap Rate NNN Lease with Credit Tenant Avis
Permit for Car Rental/Sales
Possible Buyer Occupancy
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
|Population Median Age||36||36||37|
|Population by Age||0-9 Yrs||383 (5%)||15695 (9%)||55986 (11%)|
|10-19 Yrs||411 (5%)||21664 (13%)||66682 (13%)|
|20-29 Yrs||2467 (32%)||37156 (22%)||85106 (17%)|
|30-39 Yrs||1815 (23%)||28122 (17%)||74295 (15%)|
|40-49 Yrs||854 (11%)||18389 (11%)||62222 (12%)|
|50-59 Yrs||827 (10%)||18391 (11%)||62769 (12%)|
|60-69 Yrs||506 (6%)||12710 (7%)||43323 (8%)|
|70+ Yrs||357 (4%)||12275 (7%)||43827 (8%)|
|Median HH Income||$94,231||$88,997||$93,138|
|Total Household Income||< 24K||746 (20%)||9759 (16%)||22395 (13%)|
|25-49K||438 (11%)||8357 (13%)||22464 (13%)|
|50-74K||369 (9%)||7569 (12%)||22603 (13%)|
|75-99K||392 (10%)||8221 (13%)||20957 (12%)|
|100-199K||1247 (33%)||18265 (30%)||49228 (29%)|
|200K+||518 (13%)||8405 (13%)||27689 (16%)|
|Highest Education Level||No Diploma||145||9303||52420|
|Diploma or GED||515||14435||48045|
|Total Housing Units||4,162||65,383||179,266|
|Owner-Occupied Values||< 100K||24||385||1715|
|Total Working Age Population||7,085||139,723||402,027|
|In Work Force||5,096||92,842||264,743|
|Not In Work Force||1,990||46,881||137,283|
|Single Male w/Child||19||1,093||3,480|
|Single Female w/Child||52||2,071||7,592|
Population Change Last Two Decades - Plus Projection
|Los Angeles County||9,519,338||+3||9,818,605||+6||10,369,367||+4||10,759,850|
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