* Retail Opportunity in “Ground Zero” Location – Built in 1930 (with a full remodel in 2024), Oto Sushi presents an uncommon opportunity to acquire an extremely well-located, STNL restaurant offering merely steps away from the heavily traveled pedestrian promenade of Forest Avenue in the “Main Beach” area of downtown Laguna Beach
* Long-Term Lease – Oto Sushi enjoys a long-term, 10-year lease with 3% annual increases, plus percentage rent of 6% over a breakpoint, providing an excellent hedge against inflation
* Low Management/Low Hassle Opportunity – With just one tenant on a long-term NNN lease, the ease of management makes this offering a coupon clipper and a perfect investment for an investor looking for passive income in a marquee coastal property
* Trophy Building – Downtown Laguna Beach investment opportunity surrounding by a wide variety of retail boutiques along Forest Avenue and Glenneyre Street, upscale hotels, 5-star resorts, iconoclastic art galleries, complementary bars and restaurants and one short block from Laguna’s Main Beach
* Iconic Location – Oto Sushi represents a “one of a kind” opportunity to own a highly coveted retail asset in the heart of Laguna Beach, known for being an international tourism destination (with over 6 million visitors, annually), situated at the heart of the downtown walking district