1701 Quail StNewport Beach, CA 92660

Property Details for 1701 Quail St

Year built

1976

Lot size

1.22 AC

Property size (Sq ft)

15,070 SF

Property type

Other commercial real estate

APN

427-231-03

APU

42723103

Description

This exceptional Class A, 24,364 square foot executive office building in Newport Beach, CA, is available for $21,500,000. Built in 2017 on a 1.22-acre lot, this two-story building boasts a prime location, offering unparalleled curb appeal and signage. The property features high-end finishes, an indoor gym with basketball court, lockers, and showers, roll-up doors, and extensive outdoor gathering spaces. Ideal for a corporate headquarters, this owner-user investment provides protection against future rental market uncertainty and rate hikes. The property's low-rise design offers advantages for businesses accommodating re-entry requirements and implementing safety measures. Situated in Orange County's business core, near the SR-73 Freeway, this asset benefits from strong market fundamentals, low vacancy rates, and sustained rent growth. The building is currently vacant, with an occupancy date of April 1, 2022, and offers a unique opportunity to acquire a best-in-market creative office asset in one of the safest real estate markets in the county. The property's location in the Greater Airport Area submarket, a hub for technology and business, ensures a significant rent premium. Newport Beach's desirability as a place to live, work, and play further enhances the property's value. The property's APN is 427-231-03. This turnkey asset requires minimal future capital expenses, making it an attractive investment for discerning buyers.

Location Insight

City

Newport Beach

County

Orange

State

California

Latitude

33.662

Longitude

-117.87

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].