INVESTMENT SUMMARY

Kidder Mathews, as exclusive advisor, is pleased to present the exceptional and rare opportunity to acquire Triangle Square, a 211,527 SF coastal dining, entertainment and lifestyle center in the heart of an extremely dense & affluent coastal Orange County trade area.

AN ICONIC FLAGSHIP PROPERTY WITH DIVERSE TENANCY

Triangle Square features a diverse tenant lineup that is entirely resistant to internet competition. Notable dining tenants include Yard House, La Vida Cantina, Café Sevilla, Black Knight, OJI Sushi & Bar, and popular new additions Prince Street Pizza and Westwood Coast. Triangle Square is also home to Orange County’s premier and only zoned nightclub – Time Nightclub, which regularly hosts world-class DJs. The property is home to other entertainment options such as Tavern & Bowl, Triangle Cinemas, and regular live music and line dancing at Westwood Coast. Additional daily needs and service tenants include 24-Hour Fitness Super Sport, Gracie Jiu-Jitsu, Aspire Salon Studios, and Rockstar Tan.

THE GATEWAY TO ORANGE COUNTY'S BEST LOCALES

Strategically positioned at the base of the 55 freeway and surrounded by three of the busiest commercial streets in Orange County, Triangle Square offers a unique opportunity to purchase one of the premier, dominant retail destinations in coastal Orange County with an owned parking structure at a deep discount to land-inclusive replacement cost. Triangle Square is positioned to provide an attractive in-place yield with the opportunity to substantially increase NOI. Triangle Square presents a generational opportunity to acquire a trophy Orange County retail asset that is positioned to continue to grow as the premier dining and entertainment destination in Costa Mesa and Newport Beach.

Triangle Square can be delivered free and clear of existing financing or with an attractive assumable loan ($38.7M balance, 4.46% interest rate, and due November 2027).

Level 1

Level 2

Level B2