TROPHY OPPORTUNITY IN LAGUNA BEACH | 30622 Coast Hwy
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
TROPHY OPPORTUNITY IN LAGUNA BEACH 30622 Coast Hwy
4,387 SF Retail Building Laguna Beach, CA 92651 £9,635,872 (£2,196/SF) 3% Net Initial Yield
Investment Highlights
- Prime Coastal Location with Exceptional Long-Term Development Potential – High Barriers to Entry - Excellent visibility & heavily traveled corridor.
- Densely Populated and Highly Affluent Area: Features an Average Household Income of more than $179k (more than twice the National Average).
- Generational investment opportunity in a highly desirable area.
- Iconic Ruby’s Diner on the Historic Pacific Coast Highway, Laguna Beach, CA - 35 Year Historical Occupancy - Absolute Net Ground Lease.
- Directly across from Montage Laguna Beach - a luxury oceanfront resort with stunning coastal views, elegant accommodations, and upscale amenities.
- The area is dotted with high-end boutiques and galleries, making it a hotspot for luxury shopping.
Executive Summary
Prime Coastal Location | Absolute Net Ground Lease | 35+ Year Historical Occupancy | Long-Term Development Potential | Generational Opportunity Iconic Diner Along the Stunning Pacific Coast Highway in a Prime, High-Traffic Laguna Beach Destination | Directly across from Montage Laguna Beach - a Luxury Oceanfront Resort with Stunning Coastal Views, and Elegant Accommodations | Exceptional Long-Term Development Potential in a High-Barrier to Entry Market with Prime Visibility | Rooftop patio, with scenic views overlooking Victoria Beach and the Pacific Ocean
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,387 SF
Building Class
C
Year Built
1989
Price
£9,635,872
Price Per SF
£2,196
Net Initial Yield
3%
NOI
£288,997
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
0.88 AC
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Ruby's Diner
- Retailer
- 4,387 SF
- -
- NNN
- Aug 2034
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Ruby's Diner | Retailer | 4,387 SF | - | NNN | Aug 2034 |
PROPERTY TAXES
| Parcel Number | 656-191-05 | Improvements Assessment | £709,870 |
| Land Assessment | £267,378 | Total Assessment | £977,248 |
PROPERTY TAXES
Parcel Number
656-191-05
Land Assessment
£267,378
Improvements Assessment
£709,870
Total Assessment
£977,248
-
Power Broker Alvin Mansour -
Christopher Talia -
Adam Attia -
The Mansour Group of Marcus & Millichap
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
TROPHY OPPORTUNITY IN LAGUNA BEACH | 30622 Coast Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.