621 W 19Th St Costa Mesa, CA 92627
Three-unit retail center with high traffic and established tenants.
Lot size:
0.27 AcresProperty Features for 621 W 19Th St
General Information
- Lot size
- 0.27 Acres
Building Details
- Year built
- 1958
Source:
Elliman
Listing Agent: Mehran Novini
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Center on Major Thoroughfare
This three-unit retail center is situated on 19th Street, a major thoroughfare experiencing traffic of over 33,000 vehicles per day. The location is near a McDonald's and across from an In-N-Out, with proximity to national and regional retailers including Bank of America, 24 Hour Fitness, Wells Fargo Bank, BevMo, Rubio's, CVS, and Grocery Outlet. Two of the units are leased to Little Caesars, which has been at the site since 2009 and has continuously exercised their 5-year options, and Up In Smoke, which has been at the site for four years and has one 5-year option. The vacant space measures 2071 square feet, and the seller is offering a rent guarantee for one year. The property is free and clear of financing. The seller is also offering to carry a loan in first position in the amount of $2,242,000 at 7% with interest-only monthly payments of $13,078.33 for ten years. This property is also suitable for a user who is interested in occupying the vacant space.
Location Intelligence
Current Use by Public Records
Back Pain Clinic
Medical Clinic
Arbor & Strong Firm
Trial Attorney
Hewko Thomas M ...
Chiropractor
Mind & Body Health
Medical Office
BitcoinX ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Costa Mesa
- County
- Orange
- State
- California
- Longitude
- -117.9243441
- Latitude
- 33.6431361
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Three-unit retail center with high traffic and established tenants.
Where is this strip mall located?
The property is located at 621 W 19Th St Costa Mesa, CA.
What is the asking price?
The asking price for this property is $3,442,000.
What are key features of this property?
This property features: - High-traffic location on 19th Street with over 33,000 vehicles per day.; - Seller financing available: $2,242,000 at 7% interest-only for ten years.; - Two units are leased to established tenants: Little Caesars (since 2009) and Up-In Smoke.