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535 Florence St
Imperial Beach, CA 91932
PRIME COASTAL OPPORTUNITY | 2-TENANT STRIP · Retail Property For Sale
Investment Highlights
- 100% Occupied 2-Tenant Strip - New 10- Year Term for NOVO Brewery - High-Quality 2-Tenant NNN Investment Offering Built-In Rent Growth.
- Prime Coastal Location Minutes from the Beach - Positioned Just Blocks from Imperial Beach Shoreline, benefiting from Strong Year-Round Foot Traffic.
- Located in One of San Diego’s Fastest-growing Coastal Markets - Imperial Beach has Undergone Significant Revitalization.
- Current Inline Tenant Rent Is Substantially Below Market, Creating Immediate Mark-to-Market Potential Upon Renewal or Re-Tenanting.
- Immediate Access to Bayshore Bikeway Trail System - Situated Near the Renowned 24-Mile Scenic Trail Connecting Imperial Beach to Coronado & Downtown.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location.
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,915 SF
Building Class
B
Year Built/Renovated
2017/2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.85 AC
Zoning
M
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,668,801 | |
| Land Assessment | $2,281,597 | Total Assessment | $3,950,398 |
Property Taxes
Parcel Numbers
Land Assessment
$2,281,597
Improvements Assessment
$1,668,801
Total Assessment
$3,950,398
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