226 Avenida Del Mar, San Clemente, California 92672

<p>224 & 226 Avenida Del Mar are being sold together as 2 of the premier Commerical buildings in San Clemente along with 3 prime parking lots situated behind the buildings on Avenida Cabrillo. These 2 properties are being sold as one package and offer great potential. Here are the Property Highlights:</p>

<p>224 Avenida Del Mar:

– Multi-unit property featuring 5 suites

– Suite A: $6,000/month

– Suite B: $3,500/month

– Suites C, D, & E: One tenant occupies all three suites for a total of $13,000/month

– All these leases are not triple net, providing flexibility for management</p>

<p>226 Avenida Del Mar:

– Strong A Class Tenant: Rare Society Restaurant

– Lease Rate: $25,000/month on a triple net lease

– The stability of this tenant enhances the investment’s appeal

– This tenant is on a 10 year lease with 4% increases every 2 years

Shared Parking Agreement:

Both properties benefit from a verbal shared parking agreement, allowing for seamless access and future development potential on the 224 Avenida Del Mar property.</p>

<p>Parking Lots:

– Three additional lots located behind the properties, each with its own APN/Parcel number, ensuring ample parking for tenants and visitors alike.

Investment Opportunity:

The combined rental income from both properties presents a compelling cap rate, making this an attractive investment for buyers seeking to capitalize on the thriving San Clemente market.

Join the Vibrant San Clemente Community:

Take advantage of this rare opportunity to own prime commercial real estate in one of California’s most desirable coastal towns.</p>