1696 Newport Boulevard — Sale in Costa Mesa, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Costa Mesa, CA

Description

+Prime location in Costa Mesa located on Newport Boulevard +Signage on monument sign on both Newport Boulevard and 17th Street +High traffic volume – 92,000 CPD along Newport Boulevard (up to 250,000 during peak season) +Dynamic Trade Area which includes portions of Costa Mesa and Newport Beach

Market Context

This retail in Costa Mesa, CA is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Costa Mesa, CA — view the full market.

As of Q1 2026, the Orange County retail market showed a 3.9% vacancy rate, average asking rents near $31.20/SF/yr, and cap rates around 5.4%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Orange County?
About 5.4% as of Q1 2026, per multiple brokerage reports.
Is the Orange County retail market tightening or softening?
Vacancy is around 3.9% (Q1 2026).

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