* One-of-a-Kind, Costa Mesa Grocery-Anchored Shopping Center – Rare grocery anchored offering west of the 405 Freeway in highly desirable Costa Mesa, featuring Grocery Outlet, CVS Pharmacy, BevMo!, and Club Studio, complemented by a curated mix of medical, service, and food-and-beverage tenants. * Premier, Core Retail Location – Positioned within a dense 4.1 million SF retail corridor (1.5-mile radius), surrounded by top-tier retailers including Trader Joe’s, Raising Cane’s, and Joe & the Juice, with Erewhon and Bear Flag opening soon. * Dominant Newport Boulevard Presence – Over 400 linear feet of frontage along Newport Blvd (±95,600 CPD), the primary coastal commuter corridor, maximizing visibility and capture from daily pass-by traffic. * Embedded Upside – Near-term re-tenanting opportunity in the former Buffalo Wild Wings space (DARK, LXD April 2029, ±6,300 SF), combined with mark-to-market potential as 42% of GLA expires within the next four years, balanced by a WALT of 5.9 years and a CAGR of 3.0%. * Strong Historical Occupancy – Fifteen tenants totaling over 77,743 SF (47% of leased GLA) have occupied the property for 10 or more years, providing a secure and established income foundation. * High Performing Tenancy – National retailers including CVS Pharmacy, BevMo!, The Coffee Bean, Ike’s Sandwiches, Dunn Edwards, The UPS Store and more average $680+ PSF in annual sales, demonstrating strong tenant productivity across the center.