High-Quality, Publicly Traded Tenant Tesla Motors, Inc. (TSLA) designs, develops, manufactures, and sells high-performance fully electric vehicles, advanced powertrain components, and Tesla energy products. Superb Access The property has a central location and is adjacent to the 55 Freeway. It is minutes from the 405, 5, and 91 Freeways, as well as the 73, 133, 241, and 261 Toll Roads. It is also just blocks away from John Wayne Airport. Retail Amenities Located in the heart of the Airport Area, the property is near South Coast Plaza, offering shopping, dining, and entertainment. Fashion Island is just 10 minutes to the south. Long-Term Lease with Increases for Renewal Term(s) Tesla has occupied the property for 10 years. It offers a stabilized, long-term, net leased investment opportunity with predictable cash flow. The two buildings are 100% leased for an additional 5 years, with three (3) additional 5-year extension options, each with a 10% rent increase. Newly Refurbished The property underwent a complete renovation in 2013 and 2014 prior to Tesla’s move-in. Upgrades included a new roof, HVAC systems, renovated glass line, upgraded facade, resurfaced parking lot, and rebuilt interiors to meet Tesla’s specifications. The front building includes 100% HVAC with office and service bays. Central Location for Service & Delivery Tesla Costa Mesa serves as a service center and maintenance facility, supporting customers throughout Orange County.