Erewhon Signs Lease For 20,092 Square Feet At 140 East 17th Street In Costa Mesa
140 East 17th Street
Building Size
20,092 SF
Asset Type
Retail
Closing
May 19, 2026
AI
The property located at 140 East 17th Street in Costa Mesa, CA is a retail space with a total area of approximately 20,092 square feet. This asset is situated in a high-income coastal trade area and is set to become the site of Erewhon's first store in Orange County, aiming to cater to affluent shoppers in the region.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 140 East 17th Street
- Market: Costa Mesa, CA
- Tenant: Tony Antoci & Josephine Antoci - Erewhon
- Opening Date: September 2027
- Previous Site: Former T-Shirts Warehouse
Tony Antoci and Josephine Antoci are the tenants, representing Erewhon in this transaction, which marks an important expansion of the brand beyond Los Angeles County. This move intensifies Erewhon's competition with other premium grocery retailers in the area.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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