Highlights

• Coastal Investment Property
• Favorable Loan Assumption at 5.24% Interest Rate
• Adjacent to the Historic Hotel Del Coronado

• New renovation in process
• Strong Demographics & Traffic
• Trophy Asset

Description

PROPERTY OVERVIEW
The Coronado Plaza is a three-story, mixed-use building with retail, restaurant, and office components (80% retail and restaurants; 20% office). A subterranean parking level further enhances the structure by adding 96 stalls for ease of parking for tenants as well as customers. The total rentable area for the property is approximately 47,100 SF, including the upcoming remodel.

Bordered by the Pacific Ocean, Glorietta Bay and San Diego Bay, this picturesque seaside city is linked to the Southern California coastline and the city of San Diego by the graceful and stately San Diego - Coronado Bridge, and to the south by a narrow strip of land known as the Silver Strand.

This uniquely enchanting city, which measures only 13.5 square miles, is home to some of the world's most pristine beaches, 18 public parks, an 18-hole golf course, tennis courts, and recreational facilities which include a public pool and dedicated bicycle paths. It is also home to the legendary Hotel del Coronado and the Naval Amphibious Base at North Island.