Storefront For Sale • 2,625 SF
| 4/5 Tenants Month to Month, 5th Expires 9/27 - Immediate Upside Transitioning to Market NNN Rates |
| Over 33% Upside From In- Place Rents to Market NNN |
| 5.30% NNN Cap Rate on Year 2 Stabilized Market Rents |
| CBD-V Zoning in One of California’s Most Sought-After Coastal Markets |
| 6 On-Site Parking Stalls & Adjacent to Public Parking Lot |
| Prime South Coast Highway Location — Laguna Beach Arts District |
| Cap Rate: | 2.20 % |
| Total Expenses: | $71,462 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Hat Box Inc | 554 SF | |
| Hugo Rivera Gallery | 739 SF |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| John Wayne/Orange County | 22 min | - | 15.2 mi |
| Long Beach (Daugherty Field) | 44 min | - | 35.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 6 |
| Type: | Surface |
| Included in Rent: | Yes |