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6800 W Coast Hwy
Newport Beach, CA 92663

$2,727,000 USD

Restaurant For Sale  •  2,134 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,134 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1948
  • Tenancy Single
  • Zoning SP-4, Newport Beach
24 Transit Score
63 Walk Score

Highlights

Trophy Newport Beach NNN Investment – Casablanca the Restaurant
Over 35 Years of Operation in Costa Mesa and Newport Beach
NNN Lease with Minimal Landlord Responsibilities
9 Lease Years Remaining in Primary Term – One 5-Year Option Period
10% Rental Increase in Primary Term & Option Period (Annual Increases)
130 Yards from the Beach - World Famous Pacific Coast Highway - Irreplaceable

Amenities

  • Bus Line
  • Corner Lot
  • Courtyard
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
John Wayne/Orange County 11 min - 6.9 mi
Long Beach (Daugherty Field) 30 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jereme Snyder 949-724-5552 Colliers
Jereme Snyder 949-724-5552 Colliers