20351 sw acacia street | newport beach, california | 92660 › d2 ›...

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20351 SW Acacia Street | Newport Beach, California | 92660

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Page 1: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

20351 SW Acacia Street | Newport Beach, Cal i fornia | 92660

Page 2: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

www.streamrealty.com/AcaciaPlace

2 0 3 5 1 S W ACACIA STREET

Page 3: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

www.streamrealty.com/AcaciaPlace

E X E C U T I V E S U M M A R Y

Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”), a one of a kind lease or purchase opportunity located in the heart of Newport Beach, CA. The property is situated on a private lot that is .91 Acres and contains approximately 21,435 rentable square feet of building structure. The highly efficient, one of a kind modern Santa Barbara style Property is two (2) stories, and contains a small garage with room to park five (5) vehicles or alternatively utilize as a storage or recreation area. The Property fronts Acacia Street and is directly across from Newport Beach Golf Course. The property is also within minutes of Fashion Island and South Coast Plaza, Orange County’s premier shopping and dining destinations that include a blend of luxury, designer and fashion specialty retailers. The Property provides the following distinct Opportunities:

SALE OPPORTUNITYThe Property provides an unique opportunity for an owner to acquire a building with strong rental income in place. The entire ground floor is leased to a strong credit tenant thru June 16, 2017. The lease is structured in a way that provides optimal flexibility (Landlord termination option) allowing an owner to occupy the entire Property when ready.

ASSUMABLE FINANCINGAttractive Assumable Financing of $3,200,000 is in place. This short term note has approximately three (3) years left with an interest rate of three and one half percent (3.5%) amortized over forty two (42) months.

LEASE OPPORTUNITYThe Property can accommodate a tenant anywhere from 10,000 – 21,435 rentable square feet. There are ample funds available for Tenant Improvements to build the ideal space for today’s Newport Beach creative / office / medical user.

Page 4: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

www.streamrealty.com/AcaciaPlace

ADDRESS: 20351 SW Acacia Street, Newport Beach CA 92660TOTAL BUILDING AREA: 21, 435 Rentable/Useable Square FeetTOTAL LAND AREA: .91 Acres WEBSITE: www.streamrealty.com/AcaciaPlaceYEAR BUILT: 1990, Remodeled in 2014NUMBER OF STORIES: Two (2)PARKING: Sixty One (61) Parking Stalls, Five (5) Covered Spaces

P R O P E R T Y O V E R V I E W

Page 5: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),
Page 6: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

A E R I A L

www.streamrealty.com/AcaciaPlace

Page 7: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

www.streamrealty.com/AcaciaPlace

F I R S T F L O O R

Page 8: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

S E C O N D F L O O R

www.streamrealty.com/AcaciaPlace

Page 9: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

www.streamrealty.com/AcaciaPlace

N E A R B Y A M E N I T I E S

BRISTOL ST

BRISTOL ST

BRISTOL ST

BRISTOL ST

IRVI

NE

AVE

CAMPU

S D

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MA

CA

RTHU

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LVD

MESA DR

BIR

CH ST

SAN

TA A

NA A

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SW A

CACIA S

T

ORCHARD DR

JAM

BORE

E RD

73

Santa Ana Country Club

Newport BeachGold Course

John Wayne Airport

AB C

D EF

G

HI

J

K

L

M

N

O

P

Q

R

S T

U

V

W

X

Y

1

2

3

4 5

1

23

4

5

R E S T A U R A N T S

H O T E L S B A N K S

C

D

E

F

G

H

I

J

N

O

P

Q

R

S

T

U

V

W

A

2

3

4

5

1

2

3

4

5

1

Inka Grill

Maki Yaki 31 Japanese Grill

Tummy Stuffer

Sweet Basil Pizzeria & Cafe

Del Taco

McDonald’s

Kappo Sui Restaurant

Fresca’s

Flame Broiler

Burger King

El Pollo Loco

Kitayama

Arnie's Manhattan Restaurant

Benihana Newport Beach

Hokkaido Seafood Buffet

Tapas Restaurant

The Classic Q

Coco’s Bakery Restaurant

Starbucks

Acapulco Mexican Restaurant

Ayres Hotel & Suites

Newport Beach Marriott Bayview

Radisson

Fairmont Newport Beach

Travelodge Orange County Airport

US Bank

Bank of America

Wells Fargo

Bank of the West

LBS Financial Credit Union

K

L

M

Subway

Sushi Imari

Carl’s Jr

X

Y

Tacos & Co

Bayview Cafe

B

Page 10: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

A R E A O V E R V I E W

www.streamrealty.com/AcaciaPlace

ORANGE COUNTY OVERVIEWOrange County is part of the Greater Los Angeles Area, which includes all of Los Angeles and Orange County and portions of Ventura, Riverside and San Bernardino counties. With a current population of over 16 Million, this region is second only to the New York City Metropolitan Area in terms of population and economic output.

Strong infrastructure contributes to Orange County’s successful and positive business climate. Centrally located in Southern California, Orange County continues to benefit from a well-diversified economy, high quality labor force, direct access to major airport facilities and a strategic location on the Pacific Rim. This vibrant economic climate, along with the area’s tremendous residential durability, established education/recreational and cultural base, provides an extraordinary location for commercial properties.

NEWPORT BEACH OVERVIEWNewport Beach is located 50 miles south of Los Angeles and 85 miles north of San Diego on the edge of Orange County. With nearly 22 square miles of ocean and bay, including several islands, the city offers the greatest variety and number of restaurants with water view dining in all of Orange County.

Newport Beach features several bustling areas of business. Each area or ‘village’ has a distinct ambiance and character. From a day of shopping along the Pacific Coast Highway to a night of fine dining on the harbor, each village is as unique as its commerce. With over 14,000 actively licensed in the city, the diversity of the cities retail, restaurant and hotel offerings will satisfy even the most sophisticated tastes.

Home to the world-famous recreational area surrounded by one of the busiest small boat harbors in the world, Newport Beach is the ideal setting for balancing business and pleasure.

Page 11: 20351 SW Acacia Street | Newport Beach, California | 92660 › d2 › oEZJ5g9qXjdJ6Z1-S_m2MIgQaCw… · Stream Realty Partners is pleased to present 20351 SW Acacia (“The Property”),

For Further Information On This Exclusive Opportunity, Please Contact Stream Realty Partners at 949.203.3030 or:

BENJAMIN GOTTLicense #: [email protected]

KORBIN DULEYLicense #: [email protected]

JOHN POMERLicense #: [email protected]