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Pico Pavilion Suites L - O 415 E Avenida Pico

34,856 SF 85% Leased Retail Building San Clemente, CA 92672 $18,995,000 ($545/SF) 5.87% Cap Rate

Executive Summary

Super prime investment property that has not been on the market in the past 20 + years. Excellent credit Tenants including Pick up Stix, Subway, Super Cuts, H&R Block, Dollar Tree, Pet's Plus, and California Bank & Trust.

Property Facts

Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Retail
Building Size
34,856 SF
Building Class
B
Year Built
1999
Price
$18,995,000
Price Per SF
$545
Cap Rate
5.87%
NOI
$1,114,604
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
2.70 AC
Zoning
SP - Specific Plan
Parking
26 Spaces (0.75 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,581 SF
  • Retail
  • -
  • Now

GRANC1, PDEC1, HITA1

  • N-2
  • 670 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,581 SF Retail - Now
N-2 670 SF Retail - Now

1st Floor

Size
2,581 SF
Space Use
Retail
Position
-
Available
Now

N-2

Size
670 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,581 SF
Space Use Retail
Position -
Available Now

GRANC1, PDEC1, HITA1

Nearby Major Retailers

CrossFit
Grocery Outlet
Stuft Pizza
California Bank & Trust
Denny's
Starbucks
Yoga Six
Ruby's Diner
F45 Training, Inc.
Stretchlab

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057-015-26
Land Assessment
$6,328,796
Improvements Assessment
$5,856,108
Total Assessment
$12,184,904
  • Listing ID: 33679746

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 415 E Avenida Pico, San Clemente, CA 92672

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