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 |
|---|---|
| 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 |
|---|---|
| Area | CB - Capistrano Beach |
| City | Dana Point |
| County | Orange |
| Zip Code | 92624 |
Amenities
| Utilities | Electricity Available, Underground Utilities |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | May 6th, 2024 |
|---|---|
| Days on Market | 617 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Leased Land | Fee |
| Senior Community | No |
Listing Details
| Agent | Matthew Hustad |
|---|---|
| Office | Engel & Voelkers Newport Beach |
