a fresh take on workspace

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2 a fresh take on workspace

3 purchase opportunity Stream Realty is pleased to present 7 Upper Newport Plaza ( The Property ), a one of a kind purchase opportunity located in Newport Beach, CA. The office building is approximately 12,228 square feet of office space in a steel, glass, and masonry, twostory building. The Property is highly visible from the 73 Freeway and has 4:1000 parking inclusive of 8 subterranean parking spaces. Its outstanding location is highlighted by immediate access to the 73, 55, and 405 Freeways and is minutes from John Wayne Airport. The entire first floor can be made available for an owner/user. OWNER/USER OPPORTUNITY The Property provides a unique opportunity for an owner/user to acquire a building with leases in place on the second floor. The second floor is stabilized with slightly below market rents in place and there will be an opportunity to raise rents as the leases come due in late 2019 and The subject property offers multiple options for an owner/ user with the ability to occupy the entire first floor of up to 5,625 square feet. The subject gives an owner an opportunity to house their work-force and the ability to add real estate to their portfolio. Benefits of owning real estate include tax advantages of depreciation and the appreciation of real estate in an improving market. Under the proposed purchase terms, an owner/user would be returned all of their initial equity investment in the first 60 months and enables protection from increasing lease rates in the future. Purchase Price $1,500,000 Down Payment* $350,000 1 st 60 months Cost to Own/Occupy $3.25 per sf per month Next 120 months Cost to Own/Occupy $2.22 per sf per month *Down payment paid back in 60 months based on 15 year amortization ** Call for more details

4 about 7 upper newport In the heart of Newport Beach you will find the creative and fresh office building, the Seven Newport. From the recently renovated workspace, to the collaborative indoor and outdoor areas, the Seven Newport provides companies and employees an inspiring business environment to thrive in. Thesevennewport.com property profile The Seven Newport is a two story creative office building totaling 12,228 RSF. AMENITIES From its modern aesthetic, to convenient location, the Seven Newport caters to its tenants every need. Dramatic, two story lobby Furnished, collaborative work areas Abundant natural lighting, high ceiling and modern finishes Exclusive outdoor decks and patios WIFI IN LOBBY FREE SURFACE PARKING RESERVED SUBTERRANEAN STALLS

5 I 4 L 5 amenities The Seven Newport is located at 7 Upper Newport Plaza Drive between Birch Street and Jamboree Road..3 miles to the 73 Toll Road 1.5 miles to the 55 freeway 3 miles to the 405 freeway 1 mile to SNA 4 miles to PCH john wayne airport CAMPUS DR 73 H BIRCH ST DOVE ST J K MACARTHUR BLVD 6 VON KARMAN AVE nearby amenities RESTAURANTS A. FUJI GRILL B. PAIN DU MONDE C. MOULIN D. JULIETTE KITCHEN & BAR SUPPLIES AND BANKING 1. FedEx Print & Ship Center 2. Pacific West Bank E. TOGO S SANDWICHES F. STARBUCKS G. KITAYAMA H. CAMPUS JAX 3. First Republic Bank 4. Staples I. BENIHANA J. TAPAS FLAVORS OF SPAIN K. CLASSIC Q L. JAMBA JUICE 5. Bank Of The West 6. Bank of America IRVINE AVE BIRCH ST CYPRESS ST MESA DR 7 UPPER NEWPORT BRISTOL ST S A BRISTOL ST N G B 73 1 D C QUAIL ST 2 E F 3 JAMBOREE RD

6 suites suite sf description 100 3,304 3 private offices, 3 outdoor patios, conference room, kitchen/social area, and open area for workstations 150 2,321 2 private offices, 2 outdoor patios, and open area for workstations suite 100 suite 150

7 fresh finishes The Seven Newport provides a fresh take on workspace! Using building materials such as brick, reclaimed wood, and polished concrete adds to the modern aesthetic of the building and enhances the overall inspirational and creative workspace.

8 thesevennewport.com FOR MORE INFORMATION, CONTACT STREAM AT , OR: blaine ANNETT Lic Andrea Caruso Lic