215 15th St - Restaurant FOR SALE
Del Mar, CA 92014 |
$4,780,000 USD
215 15th St
Del Mar, CA 92014
HIGHLIGHTS
- Trophy Southern California Coastal Single Tenant Retail Property; Absolute NNN Lease; Zero Landlord Responsibilities
- Long Term Tenant; 25+ Years of Operational History; Wine Spectators “Award of Excellence” Recipient; Strong Reported Sales (Contact Broker for Details
- Rare Long Term Parking Agreement In-Place (Contact Broker for Details); Vibrant Foot Traffic and Tourism Location
- Highly Affluent Demographics: Over $200,000 Annual Household Income within 1-Mile Radius; Positioned directly across the street from L’Auberge Hotel
- Food and Alcohol is the leading consumer expenditure category within a 3-mile radius, supported by Del Mar’s affluent residents and tourism
- Home to the Del Mar Thoroughbred Club, a world-renowned horse racetrack, and host of the 2025 Breeders’ Cup
FOR SALE DETAILS
PRICE
$4,780,000 USD
PRICE/SF
$1,851 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Bar, Freestanding, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1959
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C
APN/PARCEL ID
300-012-02
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