3300 Coast HwyNewport Beach, CA 92663

  • Commercial real estate
  • 12,809 SF
For Lease
$59.40/SF/YR View listing

Property Details for 3300 Coast Hwy

Year built
1974
Lot size
1.52 AC
Property size (Sq ft)
12,809 SF
Property type
Commercial real estate
APN
049-110-29
APU
4911029

Description

This exceptional 4,653 square foot medical office space is available for sublease in Newport Beach, California. Located on the ground floor of a 16,500 square foot Class B medical office building, this second-generation build-out offers an immediate opportunity for an urgent care facility or similar medical practice. The property boasts full frontage visibility on West Coast Highway, ensuring high traffic and excellent brand exposure. Built in 2005 and renovated in 2005, the building is well-maintained and situated on a 1.52-acre lot. The convenient location offers easy access to Hoag Hospital, just a quarter-mile away. This single-tenant space benefits from strong co-tenancy with established medical providers including SimonMed Imaging, Radnet Inc., and Newport Care Medical Group, creating a synergistic environment and attracting a high-quality patient base. The building features two stories and is located in Orange County, at 3300 West Coast Hwy, Newport Beach, CA 92663. This is a rare opportunity to secure a turnkey medical office space in a highly desirable location with excellent visibility and established medical presence. The property offers a significant advantage for medical professionals seeking a well-established and convenient location to serve the Newport Beach community. The space is ready for immediate occupancy, minimizing setup time and maximizing operational efficiency.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,135,151
    Hospitality
    $6,535,760
    Educational
    $5,437,676
    Medical
    $5,624,686
    Retail
    $8,458,606
3300 Coast Hwy, Newport Beach, California

Location Insight

City
Newport Beach
County
Orange
State
California
Latitude
33.6218
Longitude
-117.927
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$49,732
$1,332,447
$3,169,942
$4,502,389
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