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NNN Leased Retail Cannabis Building
For Sale
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770 W 19th St, Costa Mesa, CA 92627

New retail building with a planned 10-year NNN lease and tenant plus billboard lease income.

Property Size2,600 SF
Lot Size0.24 Acres
Days on Market120

Property Features for 770 W 19th St

General Information

Standard status Active
Size 2,600 SF
Class A
Lot size 0.24 Acres
Property subtype Retail
Zoning C1
Lease Type NNN

Site & Location

Traffic Count 26,618 vehicles/day
Road Access Yes

Additional Details

Lease Term 120 months
Listing Agency: Ashwill Associates Commercial Real Estate
Listed By: Kyle Williams · License #CA 02015940
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 9:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashwill Associates Commercial Real Estate

Investment Insights

Based on property information with market context.

A new retail building of approximately 2,600 SF is planned on approximately 0.24 acres as a 10-year NNN leased investment. Current terms call for monthly net income of $20,625 from the tenant, plus approximately $530 per month from billboard lease income. The tenant is responsible for all expenses at the property.

The offering is presented as a Class-A retail building built for the tenant’s retail cannabis business, with licensing aligned to Measure Q and lease documentation available for further details. Zoning is Local Business (C1). The site is described as having great visibility with 19th Street frontage and signage, along with an approximately 26,618 daily traffic count on 19th St & Placentia Ave.

Parcel number 422-271-24 is included with the sale. Submit all offers.

Key Highlights

  • Planned +/- 2,600 SF new retail building on +/- 0.24 acres
  • 10‑year NNN leased investment with tenant responsible for all expenses
  • Monthly net income of $20,625 plus billboard lease income of approx. $530/month (ask for leases)

Property Analytics

Current Use

MVP Pool Supply (Bike/Boat/Book/etc) Store Meadow Landscape Landscaping

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Catering Service Butcher Daycare Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26,618 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,848
Businesses Nearby

Demographics for 92627, CA

61,764
Population
23,286
Households
2.7
Avg Household Size
36
Median Age
42%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
9,651
Density / Sq Mi
$105,039
Median Household Income
$49,236
Median Earnings
$2,299
Median Rent
$1,074,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - New retail building with a planned 10-year NNN lease and tenant plus billboard lease income.
Where is this nnn property located?
The property is located at 770 W 19th St Costa Mesa, CA.
What are key features of this property?
This property features: Planned +/- 2,600 SF new retail building on +/- 0.24 acres; 10‑year NNN leased investment with tenant responsible for all expenses; Monthly net income of $20,625 plus billboard lease income of approx. $530/month (ask for leases)
More about this property
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