Newport Beach, CA Commercial Real Estate for Lease and Sale
Explore 108 listing(s) of commercial real estate in Newport Beach, CA to find the best space for your business.
The average rent for commercial real estate in Newport Beach is $39.35 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Newport Beach costs $2.25, while the city’s premium locations ask up to $86.49.
The best area for commercial real estate in Newport Beach will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Santa Ana Heights, home to no fewer than 132 listings for space of all types. If you're looking for office space, Santa Ana Heights has the highest concentration of office listings at 128.
CommercialCafe’s CRE offering in Newport Beach is enabled by a network of 71 active brokers from 27 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $86.49 per square foot. In particular, the property type commanding the highest lease rates in Newport Beach is Office space.
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 73 | 1,136,056 |
| Retail | 11 | 50,474 |
| Other | 1 | 2,000 |
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 7 | 36,649 |
| Retail | 1 | 14,794 |
| Other | 2 | 8,408 |
In the past, the harbor of Newport Beach, Calif., saw extensive international trade, making commerce and transportation one of the city’s strongest industries. Nowadays, Newport Beach has shifted toward an economic model based around tourism and leisure, with various retail and hotel properties.
The office sector is also an integral part of the Newport Beach commercial real estate market, with a multitude of companies favoring the city for its location within the Greater Los Angeles area, as well as sea access and tourism activity. Newport Beach is also the home of Fortune 500 insurance company Pacific Life, as well as the site of operations for a multitude of other companies in biotech, IT, automotive and leisure.
