Highlights

• Irreplaceable Location - Coronado Island
• High Income Demographic Profile - Household Income Over $101,000
• Ocean Front w/ Views

• In-Place Assumable Financing
• Coastal Investment
• Adjacent to Historic Hotel Del Coronado

Description

Contact listing agent Jeff Conover for details: / T . Coronado Plaza offers the investor the rare opportunity to own an attractive building, on the main retail corridor, next to a world-class hotel and its world-class beach and self-contained within its own traffic block. Over 47% of the Coronado Plaza tenants are national brand tenants including some of the best-known brand names such as Wendy s, Domino s Pizza, Coldwell Banker, Airtouch Cellular, La Salsa, Subway and Marie Callendar s. This list does not include the strength of other superior tenants such as Curves for Women (rated no. 2 franchise by Entrepreneur Magazine in 2003) and Birkenstocks (36-year company history). The location has been so successful for the tenants that 65% have been in occupancy for 5 years or more.

Coronado Plaza represents the rare opportunity to own one of the most unique retail properties in Southern California. The subject is located in Coronado Island s retail district adjacent to the four-star Hotel Del Coronado. This location delivers a captive market of 29,229 island residents many of who live and work on the 13.5 square mile island. The location also delivers a major portion of the estimated 2 million annual visitors to the island. The island is located a short 15 minute drive from the downtown San Diego and the Gas Lamp District. The average household income in the one-mile radius of Coronado is approximately $101,890 as compared with $57,020 in the 3-mile radius, including the City of San Diego, and approximately $53,920 within a 5-mile radius..