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Single-Tenant Bank Property

2800 East Coast Highway, Corona del Mar, CA 92625

For Sale
Contact for pricing

A dedicated parking garage provides on-site parking for the occupant.

Property SizeContact for details
Days on Market43

Property Features for 2800 East Coast Highway

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes

Amenities

parking garage

Building Details

Tenancy Single
Listing Agency: JLL - Irvine (Orange County), California
Listed By: Jeffrey Cicurel · License #SL3541410
Source: Crexi
Added: Sep 28 Changed: Nov 8 Last Checked: Nov 8 at 4:51PM

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 JLL - Irvine (Orange County), California

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property at 2800 East Coast Highway in Corona Del Mar is occupied by EverBank under a lease with approximately 9.1 years remaining in its primary term. The agreement includes annual rent escalations and two five-year extension options.

Dedicated parking is provided in an on-site garage.

Key Highlights

  • EverBank is the sole tenant
  • Approximately 9.1 years remain in the primary lease term
  • Lease provides for 3% annual escalations

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Newport Beach Whaler Bar & Pub Cp Restaurant CP Restaurant & Lounge Restaurant

Suggested Use

Top Pick Building Supply Restaurant Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Garden Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,981
Businesses Nearby

Demographics for 92625, CA

12,017
Population
6,802
Households
1.8
Avg Household Size
54
Median Age
73%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
4,622
Density / Sq Mi
$197,628
Median Household Income
$114,295
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Bank - A dedicated parking garage provides on-site parking for the occupant.
Where is this bank located?
The property is located at 2800 East Coast Highway Corona del Mar, CA.
What is the asking price?
The asking price for this property is $6,160,000.
What are key features of this property?
This property features: EverBank is the sole tenant; Approximately 9.1 years remain in the primary lease term; Lease provides for 3% annual escalations
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