245-255 Forest Ave
Laguna Beach, CA 92651

INVESTMENT HIGHLIGHTS • Iconic Coastal Location – Quiksilver is located within Laguna Beach’s prestigious Main Beach Village, offering a wide variety of restaurants, shops, art galleries, services and high end retailers • Credit, Globally Recognized Tenant – 68% of the current GLA is leased to Quiksilver (see tenant description on page 9) » Quiksilver – One of the largest surfwear manufactures in the world and has wide appeal in Japan, Europe, Central and South America among other countries, with revenue +$1.8B and 1,100 employees • One of the Most Visited Beaches in America – According to the Travel Channel, Laguna Beach is one of the top 10 beaches in California and attracts over 6.3 million visitors annually • Hotel Proximity – Laguna Beach consists of over 26 hotels and over 1,250 rooms • Dominant Coastal Retail Hub – Surrounding shopping and restaurant tenants include: Whole Foods, Starbucks, Zinc Café & Market, Moulin, Laguna Beach Brewery, Alessa, Lumberyard, BJ’s Restaurant & Brewhouse, Chase Bank, Wells Fargo, Central, 230 Forest Avenue, La Sirena Grill, Skyloft, Watermarc and Urth Caffe among others • Median Home Value – The median home value in Laguna Beach is over $2.1 million, about 3 times the average home value across the Los Angeles, Long Beach and Anaheim Metro • More than 23,546 people within a 3-mile radius, with an Average Household Income exceeding $176,672