Excellent Coastal Trade Area • Pacific Beach is one of San Diego’s busiest beach communities offering an abundance of dining, shopping, and entertainment options for both locals and tourists. • The area surrounding the property is very densely populated with 96,956 residents plus 3,635 hotel rooms in a 3-mile radius. Future Development Potential • The parcel presents an excellent opportunity for future development of multi-family or other commercial uses. • With an existing income stream, the parcel presents an excellent covered land opportunity while future plans are created. Upside in Below Market Rents • All tenants have shorter-term leases with no extension options, thus providing an opportunity for an investor to increase rents immediately and over time. • The property has stable occupancy on the retail suites with all of the tenants having occupied the building for many years. Busy Commercial Corridor • Ingraham Street serves as a main North/South thoroughfare in Pacific Beach connecting all the way south to Interstate 8 across Mission Bay. • The property is well located at the corner of Hornblend Street, which positions the property directly between the two busy intersections at Garnet Ave and Grand Ave.