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Listed by Matthew Hustad • Engel & Voelkers Newport Beach
$ 3,700,000
Est. payment /mo
Active
25825 Las Vegas Avenue Dana Point, CA 92624
UPDATED:
11/11/2024 04:16 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-24091984
Year Built 1945
Property Description
Welcome to your chance to invest in a premier property strategically situated in the heart of Capistrano Beach/Dana Point, just off Pacific Coast Highway at the Doheny Road Exit. This remarkable investment opportunity boasts a Triple-Net (NNN) long-term lease with a National Credit Tenant, making it a secure and reliable investment choice. Prime Location: Conveniently located directly off the freeway exit when entering Dana Point from Interstate 5, ensuring maximum visibility and accessibility. National Credit Tenant: Secured lease with a reputable tenant offering electric car chargers for the public, with thousands of charging stations nationwide. Tenant Improvements: State-of-the-art charging stations and equipment for electric vehicles are scheduled to be installed on-site, enhancing the property's appeal and functionality. Long-Term Income Potential: Benefit from a stable and predictable income stream with this long-term lease, providing an impressive Net Operating Income (NOI) and a favorable capitalization rate (cap rate). Beachside Advantage: Perfectly positioned across from the iconic Doheny State Beach, this property enjoys the charm of a legacy neighborhood, making it a coveted asset in an incredible beach community. Investment Appeal: With the rising demand for electric vehicle charging stations and the property's strategic location, this investment promises not only long-term income but also significant appreciation potential.
Location
State CA
County Orange
Interior
Laundry None
Exterior
Utilities Available Underground Utilities, Electricity Available
Building
Lot Description 0-1 Unit/Acre