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Leased-Fee Commercial Land
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1995 Harbor Boulevard, Costa Mesa, CA 92627

Ground-leased land supports an established multi-tenant automotive retail center along a major commercial corridor.

Property SizeContact for details
Days on Market145

Property Features for 1995 Harbor Boulevard

General Information

Standard status Active
Property subtype Retail
Listing Agency: Graystone Capital Advisors
Listed By: Matt Hardke · License #CA 01946266
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 8:40PM

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.

This leased-fee commercial land offering encompasses the ground beneath a multi-tenant automotive retail center at 1995 Harbor Boulevard. The existing ground lease has approximately 14.5 years remaining, with no option terms remaining. Contractual rent adjustments tied to CPI occur every 5 years without a cap. At lease expiration, the improvements are scheduled to return to the landowner, subject to the lease terms.

The property occupies Harbor Boulevard in Costa Mesa, one of the city’s commercially zoned corridors, with reported traffic of 39,000 vehicles per day. California State Highway 55 is approximately half a mile away and provides direct on- and off-ramp access; the highway carries 92,000 vehicles per day. Nearby automotive-oriented businesses include Ford and Toyota dealerships and Enterprise. The 3-mile trade area has nearly 171,000 residents and an average household income of $112,600.

Key Highlights

  • Leased‑fee interest in land beneath a multi‑tenant auto retail center
  • Approximately 14.5 years remaining on the existing ground lease
  • CPI‑adjusted rental increases every 5 years with no cap

Property Analytics

Current Use

Harbor Auto Service ... Auto Repair Shop Costa Mesa Car ... Law Firm Rack N Road ... Auto Parts Store Ground Control Systems Bicycle Rack Costa Mesa Transmission ... Auto Repair Shop

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

2,493
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground-leased land supports an established multi-tenant automotive retail center along a major commercial corridor.
Where is this commercial land located?
The property is located at 1995 Harbor Boulevard Costa Mesa, CA.
What are key features of this property?
This property features: Leased‑fee interest in land beneath a multi‑tenant auto retail center; Approximately 14.5 years remaining on the existing ground lease; CPI‑adjusted rental increases every 5 years with no cap
(949) 942-1300 Call to check price and availability
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