Updated Sep 9, 2026
James Daunt Of Barnes & Noble Leases 27,000 Square Feet At 3333 Bristol Street Costa Mesa
3333 Bristol St
Building Size
27,000 SF
Asset Type
Retail
Closing
Sep 3, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 3333 Bristol Street, Costa Mesa, CA, encompassing 27,000 square feet. The landlord for this asset is the Segerstrom Family, and the tenant is James Daunt, representing Barnes & Noble, which has returned to the city after a decade.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Landlord: Segerstrom Family
- Tenant: James Daunt - Barnes & Noble
- Lease Size: 27,000 square feet
- Market: Costa Mesa, CA
- Previous Use: Former Sport Chalet space
- Current Vacancy Rate in Orange County: 3.9%
This transaction marks a significant development as Barnes & Noble opens its latest store at South Coast Plaza, effectively filling a major vacancy in one of Orange County’s premier retail destinations. The aggressive national expansion of Barnes & Noble is highlighted by this move.
Players
Costa Mesa Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93