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Single-Tenant NNN Industrial Property
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2990 Grace Ln, Costa Mesa, CA 92626

Renovated improvements include updated lighting, epoxy flooring, and refreshed office, reception, and restroom areas.

Property Size15,000 SF
Days on Market1

Property Features for 2990 Grace Ln

General Information

Standard status Active
Size 15,000 SF
Property subtype Industrial
Occupancy 100%

Additional Details

Fenced Yard Yes

Building Details

Building Size 15,000 SF
Year Built 1965
Tenancy Single
Listing Agency: SVN Vanguard
Listed By: Cameron Jones, SIOR · License #CalDRE #01770606
Source: Svnvanguard
Added: Oct 19 Last Checked: Oct 19 at 2:21PM

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 SVN Vanguard

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Investment Insights

Based on property information with market context.

The freestanding industrial building contains approximately 15,000 SF and is leased to Eagle Mountain Event Centers LLC through April 2031, with a three-year option at market rent. Recent work includes new interior and exterior paint, upgraded lighting, a rehabilitated asphalt yard and parking area, a black foil scrim radiant barrier, acrylic flake epoxy flooring, an open-concept office and reception area, and renovated restrooms.

The lease provides for full expense pass-throughs. The property also has strong power, clear height, ground-level doors, and a gated yard.

Key Highlights

  • Approximately 15,000 SF freestanding industrial building
  • Leased to Eagle Mountain Event Centers LLC through April 2031
  • Three‑year option at market rent

Property Analytics

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Current Use

Absolute Merchandise Department Store site designs development ... Engineer Kung Fu Heroes Gym & Fitness Center Action Figures International Accounting Firm

Suggested Use

Top Pick Locksmith Barber Shop (Bike/Boat/Book/etc) Store Butcher Parking Lot & Garage Pet Grooming Service

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

996
Businesses Nearby

Demographics for 92626, CA

50,885
Population
20,643
Households
2.5
Avg Household Size
37
Median Age
46%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
5,246
Density / Sq Mi
$117,627
Median Household Income
$55,920
Median Earnings
$2,520
Median Rent
$1,037,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
NNN property - Renovated improvements include updated lighting, epoxy flooring, and refreshed office, reception, and restroom areas.
Where is this nnn property located?
The property is located at 2990 Grace Ln Costa Mesa, CA.
What are key features of this property?
This property features: Approximately 15,000 SF freestanding industrial building; Leased to Eagle Mountain Event Centers LLC through April 2031; Three‑year option at market rent
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