About 25825 Las Vegas Avenue
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.
Features of 25825 Las Vegas Avenue
MLS® # | OC24091984 |
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Price | $3,700,000 |
Bathrooms | 0.00 |
Acres | 0.15 |
Year Built | 1945 |
Type | Commercial Sale |
Sub-Type | Industrial |
Status | Active |
Community Information
Address | 25825 Las Vegas Avenue |
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Area | CB - Capistrano Beach |
City | Dana Point |
County | Orange |
Zip Code | 92624 |
Amenities
Utilities | Electricity Available, Underground Utilities |
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Is Waterfront | No |
Has Pool | No |
Interior
Has Basement | No |
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Fireplace | No |
Additional Information
Date Listed | May 6th, 2024 |
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Days on Market | 189 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Leased Land | Fee |
Senior Community | No |
Listing Details
Agent | Matthew Hustad |
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Office | Engel & Voelkers Newport Beach |