121-129 Lomas Santa Fe Dr - Freestanding FOR SALE
Solana Beach, CA 92075 |
$7,250,000 USD
844-585-7636
121-129 Lomas Santa Fe Dr
Solana Beach, CA 92075
HIGHLIGHTS
- Trophy Solana Beach Retail Center: 100%-occupied, 7,527-square-foot retail center anchored by Peet's Coffee located two blocks from the Pacific Ocean
- 2019 Complete Remodel; New Facade with Modern Aesthetic | Rare On-Site Parking Lot Included in Sale | Adjacent to the Solana Beach Train
- High Barriers to Entry: Minimal vacancy in the trade area with extremely high barriers to entry
- Strong pedestrian traffic & more than 40,000 cars per day at the intersection of Lomas Santa Fe Drive and Highway 101/Cedros Ave
- Highly Affluent and Dense Demographics: Average household income of approximately $227,000 and 1.2 million people within a 5 miles
- Coastal San Diego Location: Solana Beach is located 20 miles N of Downtown San Diego & is part of the San Diego MSA w a pop of more than 3 M people
FOR SALE DETAILS
PRICE
$7,250,000 USD
PRICE/SF
$963 USD /SF
CAP RATE
5.18%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Gateway at Cedros
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
26
LAND DETAILS
LAND ACRES
0.32 AC
LAND SF
13,939 SF
ZONING
Sc
APN/PARCEL ID
298-073-40
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844-585-7636
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844-585-7636
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