LEASED – Cannabis Eligible Costa Mesa Delivery

Total Lease Value: $ 397,731
3525 Hyland Ave. #101,
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Property Description

Lease Details:

Status: Closed
M&A: No
Deal Type: Lease
License: Delivery
Building sqft: 2,850
Lease Rate: $2.23/SF + NNN
Total Lease Value: $397,731
Approximate Closing Date: 07-8/01/2021
Represented: Landlord
Listing Agent: Alex Spornick

Listing Details:

One cannabis-eligible unit remaining, a class-B office condo. Unit is currently owner-occupied, and will allow a future tenant to initiate licensing on the unit prior to lease commencement, saving several months of payments. Lease commencement will occur after owner/tenant is provided notice.

  • Prime Costa Mesa location
  • Size: 2,683 SF
  • Pre-negotiated lease rate:
    • Suite 235: $2.50/SF + NNN
  • Owners’ Association has agreed to allow cannabis distribution and delivery
  • Property is leased AS-IS. Improvements are tenant’s responsibility
  • Touring provided with proof of funds

Address: 3525 Hyland Ave. #101
Zip: 92626
Country: United States
Property Id: 36451
Price: Total Lease Value: $ 397,731
Property Size: 2,850 ft2
Property Status: sold

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