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The Gateway at Cedros 121-129 Lomas Santa Fe Dr 7,527 SF 100% Leased Retail Building Solana Beach, CA 92075 $6,500,000 ($863.56/SF) 5.62% Cap Rate
Investment Highlights
- Trophy Coastal Retail Asset in an Irreplaceable Location
- Exceptional Visibility, Accessibility & Consumer Demand
- Strong Fundamentals with Stable Cash Flow
Executive Summary
Pride of Ownership; Trophy Coastal Investment
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,527 SF
Building Class
B
Year Built/Renovated
1983/2019
Price
$6,500,000
Price Per SF
$863.56
Cap Rate
5.62%
NOI
$365,323
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.33 AC
Zoning
SC - Special Commercial
Parking
26 Spaces (3.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Please see brochure for more information.
| Space | Size | Space Use | Position | Available |
| 108 | 1,066 SF | Retail | In-Line | Now |
108
| Size |
| 1,066 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
108
| Size | 1,066 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Please see brochure for more information.
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 298-073-40 | Improvements Assessment | $2,807,373 |
| Land Assessment | $5,312,880 | Total Assessment | $8,120,253 |
Property Taxes
Parcel Number
298-073-40
Land Assessment
$5,312,880
Improvements Assessment
$2,807,373
Total Assessment
$8,120,253
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