Grocery and Deli
For Sale
Contact for pricing
1526 Placentia Avenue, Newport Beach, CA 92663
Storefront property along Placentia Avenue with strong visibility, frontage, and access near an office-medical corridor.
Property SizeContact for details
Days on Market122
Property Features for 1526 Placentia Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Graystone Capital Advisors
(949) 942-1300
Listed By:
Matt Hardke · License #CA 01946266
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 6:37PM
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 Graystone Capital Advisors
Investment Insights
Based on property information with market context.
SRS Real Estate Partners presents an opportunity to acquire the real estate and business enterprise for Minute King Market & Deli. The offering is structured as a total asset sale to one buyer for both the business and real estate, or it may be completed as a bifurcated transaction between a real estate investor and a separate business operator.
The property is located along Placentia Avenue in Newport Beach, with visibility, frontage, and access. It sits just off Superior Avenue and is within a few blocks of Newport Boulevard, with traffic counts cited for each corridor in the materials. The site is less than one mile from the Pacific Ocean and is positioned within an office-medical corridor that includes Hoag Hospital with 457 beds.
This is a storefront retail asset tied to an operating grocery and deli concept, offered with options for acquiring both the premises and business together or separating the real estate and operations.
The property is located along Placentia Avenue in Newport Beach, with visibility, frontage, and access. It sits just off Superior Avenue and is within a few blocks of Newport Boulevard, with traffic counts cited for each corridor in the materials. The site is less than one mile from the Pacific Ocean and is positioned within an office-medical corridor that includes Hoag Hospital with 457 beds.
This is a storefront retail asset tied to an operating grocery and deli concept, offered with options for acquiring both the premises and business together or separating the real estate and operations.
Key Highlights
- Minute King Market & Deli includes an asset sale option for both the business enterprise and the real estate.
- Located along Placentia Avenue with 12,000 cars per day and strong frontage, visibility, and access.
- Just off Superior Avenue with 22,000 cars per day.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,108
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92663, CA
20,812
Population
12,348
Households
1.7
Avg Household Size
42
Median Age
64%
College-Educated
97%
High-School Grad
3.3 sq mi
ZIP Area
6,307
Density / Sq Mi
$138,271
Median Household Income
$77,157
Median Earnings
$2,717
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Storefront property along Placentia Avenue with strong visibility, frontage, and access near an office-medical corridor.
Where is this grocery and convenience store located?
The property is located at 1526 Placentia Avenue Newport Beach, CA.
What are key features of this property?
This property features: Minute King Market & Deli includes an asset sale option for both the business enterprise and the real estate.; Located along Placentia Avenue with 12,000 cars per day and strong frontage, visibility, and access.; Just off Superior Avenue with 22,000 cars per day.
