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Newport Beach Retail Sells for $5.8M

Trophy Waterfront Property has New Landlord
January 10, 2018
Pizza Nova PCH LLC purchased the retail building at 2601 W. Coast Hwy in Newport Beach, CA for $5.75 million, or about $1,867 per square foot.

The single-story retail building, located on a quarter-acre parcel in Orange County, totals 3,080 square feet. Built in 1968, the building was leased to Pizza Nova and underwent a major renovation in 2014.

Brian Barson and Ken Gould of Lee & Associates represented the seller. The buyer handled the sale in-house.

Please reference CoStar COMPS #4068441 for more information on this transaction.
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