Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3315-3345 Newport Blvd Newport Beach, CA 92663

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Second floor office space available for sublease in Newport Beach.

    Property size:
    400 SF
    Lot size:
    0.22 Acres

    Property Features for 3315-3345 Newport Blvd

    General Information

    Size
    400 SF
    Lot size
    0.22 Acres

    We can help!

    Listing Contact
    Judd Hietbrink
    Source: Moodyscre

    Listing Agent: Judd Hietbrink

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Newport Beach Office Sublease

    This property offers a second-floor office space available for sublease. The sublease is effective through March 31, 2026. The office space encompasses 400 square feet and is located at Newport Boulevard in Newport Beach, California.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.9306001
    Latitude
    33.6167906

    Nearby Similar for Lease

    • $4,000 /Mo
      220 SF

      Remodeled Office Space on Balboa

      Remodeled office space in prime location available for lease.
      1306 Park Ave, Newport Beach, CA 92662
      View Details
    • $10,500 /Mo
      2,374 SF

      Furnished Coastal Residence with Ocean Views

      Remodeled, furnished single-level residence with ocean views in gated community.
      83 Ocean Blf, Newport Beach, CA 92660
      View Details
    • $5,900 /Mo
      1,154 SF

      Newport Coast Single-Story Home

      Single-story home in gated Newport Coast community with modern updates.
      9 Veroli Ct, Newport Coast, CA 92657
      View Details
    • $10,000 /Mo
      1,065 SF

      Renovated Coastal Retreat Near Beach

      Furnished 3BR/3BA condo near beach, shops, and dining.
      206 Adams St, Newport Beach, CA 92661
      View Details
    • $4,200 /Mo

      Remodeled Condo in Park Lido

      Elegantly remodeled 2-bedroom condo in Newport Beach's Park Lido.
      416 Bolero Way, Newport Beach, CA 92663
      View Details
    • $4,800 /Mo
      1,181 SF

      Newport Beach Apartment with Garage

      Spacious 2 bed, 2 bath apartment in prime Newport Beach.
      148 Woodburne, Newport Beach, CA 92660
      View Details
    • $4,800 /Mo
      1,000 SF

      Upgraded Balboa Peninsula Lower Unit

      Unfurnished, upgraded 2-bedroom, 1-bath unit near bay and beach.
      207 Cypress St, Newport Beach, CA 92661
      View Details
    • $18,500 /Mo

      Luxury Retail Space in Corona

      Prime retail space in affluent Corona del Mar Village.
      3519 E Coast Blvd, Corona del Mar, CA 92625
      View Details
    • Contact for pricing

      Class A Office Building For Rent

      Six-story Class A office building near John Wayne Airport.
      4590 Macarthur Blvd, Newport Beach, CA 92660
      View Details
    • Contact for pricing
      40,000 SF

      Newport Beach Executive Suites

      Prestigious Office Space Available Now
      567 San Nicolas Dr, Newport Beach, CA 92660
      View Details
    • Contact for pricing
      62,168 SF

      Newport Beach Executive Suites

      Prestigious Office Space Available Now
      4910 Birch St, Newport Beach, CA 92660
      View Details
    • $78 SF/Yr
      145,000 SF

      Newport Lido Medical Office Space

      Prime Newport Beach Medical Office Suites Available
      351-361 Hospital Rd, Newport Beach, CA 92663
      View Details

    FAQs

    What type of property is this?
    Office space - Second floor office space available for sublease in Newport Beach.
    Where is this office space located?
    The property is located at 3315-3345 Newport Blvd Newport Beach, CA.
    What are key features of this property?
    This property features: - Second floor office space available.; - Sublease available.; - Sublease through 3/31/26.
    (949) 724-1000
    Request Owner's contact information
    3315-3345 Newport Blvd Newport Beach, CA 92663
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3315-3345 Newport Blvd
    Newport Beach, CA 92663
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3315-3345 Newport Blvd Newport Beach, CA 92663
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Judd Hietbrink
    (949) 724-1000
    Learn more
    Google sign-in failed. Please try again or use another login method.