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3920 BIRCH STREET
NEWPORT BEACH, CA 92660

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just CLOSED!

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SALE PRICE: $6,150,000

 

Multi-Tenant Office Building

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The Hirth Group is pleased to announce the successful closing of 3920 Birch Street, Newport Beach, CA 92660! Alex Reyhan and Daniel Hirth represented the buyer on this transaction.  The client reached out with a needed criteria, a multi-tenant office building with medical use in Newport Beach. The Buyer is a Dentist, looking to occupy a previous dental practice, while having a sense of security of income from the other rented units.  Alex Reyhan and Daniel Hirth were able to identify a 13,011 SF building with a Dental practice that’s currently MTM for the owner user, while having Three (3) other tenants / office suites already occupied. The Hirth Group was able to negotiate over $1,000,000 off the listed price for our client and secure enough time for financing.

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Multi-Tenant Office Building in Newport Beach

contact

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Alex Reyhan

Vice President

310.300.3181 Direct

Alex@HirthGroup.com

License CA: 02005428

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Daniel Hirth

Managing Director

310.300.2838 Direct

Daniel@HirthGroup.com

License CA: 01515796

The sale

Represented Buyer
Negotiated Over $1M off the List Price for Client
Multi-Tenant Office Building with Medical Practice for Owner/User
Negotiated Time Extension for Buyer to Obtain Financing
13,011 SF Building | $472.68 Per SF Building
Negotiated an Extra $100,000 in Credit for Buyer before Close
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