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    351-361 Hospital Rd Newport Beach, CA 92663

    For Lease
    $78 SF/Yr

    Prime Newport Beach Medical Office Suites Available

    Lot size:
    145,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Class A medical office building, located at 351-361 Hospital Rd, Newport Beach, CA 92663, offers 145,000 square feet of exceptional space. Currently, there are 10 available suites ranging in size from 1,084 square feet to 12,355 square feet, perfect for a variety of medical practices. The building's "Multiple" tenancy structure provides a diverse and vibrant professional environment. Its prime location in Newport Beach, California offers easy access for patients and staff alike. The building's classification as Class A signifies its high-quality construction, modern amenities, and sophisticated design. This presents a unique opportunity for medical professionals seeking a prestigious and functional space to establish or expand their practice. The building's ample square footage allows for flexibility in configuring spaces to meet specific needs. Interested parties are encouraged to inquire about available suite sizes and lease terms. This is an exceptional opportunity to secure a prominent location within a thriving medical community. The address is easily accessible and conveniently situated within Newport Beach. The building's size and layout offer significant potential for growth and expansion.

    Property Features for 351-361 Hospital Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    145,000 SF
    Class
    A
    Total Rate
    942500

    Unit(s) available at that property

    Space
    Tower I - Suite 200
    Size
    12,355 SF
    Rate per SF
    $78
    Space
    Tower II - Suite 523
    Size
    2,842 SF
    Rate per SF
    $78
    Space
    Tower I - Suite 613
    Size
    1,084 SF
    Rate per SF
    $78
    Space
    Tower I - Suite 319
    Size
    2,154 SF
    Rate per SF
    $78
    Space
    Tower I - Suite 610
    Size
    1,912 SF
    Rate per SF
    $78
    Space
    Tower II - Suite 223
    Size
    2,352 SF
    Rate per SF
    $78
    Space
    Tower II - Suite 224
    Size
    4,000 SF
    Rate per SF
    $78
    Space
    Tower II - Suite 527
    Size
    2,842 SF
    Rate per SF
    $78
    Space
    Tower II - Suite 228
    Size
    4,000 SF
    Rate per SF
    $78
    Space
    Tower I - Suite 406
    Size
    1,913 SF
    Rate per SF
    $78

    HighLights

    • Hoag Hospital campus location.
    • 145,000 square feet of Class A medical office space.
    • Professionally managed building.
    • Elevator service.
    • Covered parking for physicians.
    • High‑end patient demographic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Newport Lido Medical ... Medical Clinic

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport Beach
    County
    Orange
    State
    California
    Longitude
    -117.9303465
    Latitude
    33.6260393

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    FAQs

    What type of property is this?
    Medical office - Prime Newport Beach Medical Office Suites Available
    Where is this medical office located?
    The property is located at 351-361 Hospital Rd Newport Beach, CA.
    What is the lease rate?
    The lease rate is $78 SF/Yr.
    What are key features of this property?
    This property features: Hoag Hospital campus location.; 145,000 square feet of Class A medical office space.; Professionally managed building.
    Request Owner's contact information
    351-361 Hospital Rd Newport Beach, CA 92663
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    Newport Beach, CA 92663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    351-361 Hospital Rd Newport Beach, CA 92663
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