1088 N Coast Highway
1088 North Coast Highway, Laguna Beach, CA, 92651, US
$5,500,000 | 5,200 sf
Asset description
JLL, as exclusive advisor, is pleased to offer to qualified investors an opportunity to acquire the 100% fee simple interest in 1038 – 1042 Princeton Dr. (the "Property"), a 32,446 RSF R&D Media Production asset in Marina Del Rey, CA.
1038 – 1042 Princeton Dr. is currently 100% occupied with a 5.7-year WALT. The Property is home to a diverse mix of tenants within industries inclusive of gaming, technology, fitness, and film. There has been significant recent leasing activity with a recent lease signed comprising 35% of the Property.
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Attributes
Building area net
32,446 sf
Occupancy
100%
Year built
1960
Land area net
1.06 acres
WAULT
5.7 years
Media
Investment highlights
- Fully Leased with Long-Term Development Optionality
- Strong Residential Density
- Prime Location Demanding Premium Market Rents
- Excellent Transit Access
Contact brokers
1038-1042 Princeton Drive (2025) (0 Properties)
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Last updated
Apr 23, 2025
