276 S Coast Hwy - Retail FOR SALE
Laguna Beach, CA 92651 |
276 S Coast Hwy
Laguna Beach, CA 92651
HIGHLIGHTS
- Generational Opportunity – The Shops at Main Street is an iconoclastic downtown Laguna Beach investment opportunity with unsurpassed street frontage
- Stable Cash Flow – Better Buzz just signed a brand new 10-year lease, Toes on the Nose operated this location as its flagship location for +25 years
- Upside Opportunity – The Shops at Main Beach has one current vacancy for 660 SF (16% of the total GLA) and available for immediate lease
- Robust NOI Growth – NOI should grow over $250,000 (141%) over the expected 10-year hold period
- Pride of Ownership – Extremely desirable, street-front location with excellent visibility along PCH
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Shops at Main Beach
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
4050
STORIES
1
YEAR BUILT
1948
SPRINKLERS
-
PARKING SPACES
7
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
641-253-18
