16232 pacific coast highway, hunngton beach, ca 92649...zoning cv (commercial visitor) financial...

10
16232 Pacific Coast Highway, Hun7ngton Beach, CA 92649 Next Commercial Real Estate 3200 Wilshire Blvd. Suite 1505 Los Angeles, CA 90010 The informaFon contained herein has been obtained from various sources which we deem reliable, however, we make no guarantee, warranty or representaFon about it, and it is subject to change and errors. You and your advisors should conduct a careful, independent invesFgaFon of exclusively the property to determine to your saFsfacFon the suitability of the property for your needs. All offerings are subject to prior sale, lease or withdrawal from the market without noFce. This property is offered through Next Commercial Real Estate. SOLOMON YB KIM Principle Broker Tel: (213) 568-8430 [email protected] License: CA#01273678

Upload: others

Post on 22-Jul-2020

6 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

16232PacificCoastHighway,Hun7ngtonBeach,CA92649

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

Page 2: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

Disclaimer

ThisConfidenFalInvestmentPackagewaspreparedSeptember18,2017byNEXTCommercialRealEstate(“Broker”)solelyfortheuseofprospecFve

purchasersofthesubjectproperty(“Property”).NeithertheBrokernortheowneroftheProperty(“Owner”)makesanyrepresentaFonorwarranty,expressedorimplied,astothecompletenessortheaccuracyofthematerialcontainedherein.

ProspecFvepurchasersofthePropertyareadvisedthatchangesmayhaveoccurredinthephysicalorfinancialcondiFonofthePropertysincetheFmethispackagewaspreparedbytheBroker,andtheinformaFoncontainedhereinmaybebaseduponassumpFonsoreventsbeyondthecontroloftheBrokerand

Owner,andthereforemaybesubjecttovariaFon.TheOwnerandBrokerexpresslyreservetheright,attheirsolediscreFon,torejectanyorallexpressionsofinterestorofferstopurchasethePropertyand

expresslyreservetheright,attheirsolediscreFon,toterminatediscussionswithanyenFtyatanyFmewithorwithoutnoFce.

ThisInvestmentPackageisconfidenFal.ByaccepFngtheInvestmentPackage,youagreetothefollowing:

1.thatyouwillholdandtreattheInvestmentPackageanditscontentsinthestrictestofconfidence;2.thatyouwillnotphotocopyorduplicateanypartoftheInvestmentPackage;3.thatyouwillnotdisclosetheInvestmentPackageoranyofitscontentstoanyotherenFtywithoutthepriorwribenconsentoftheOwnerortheBroker;4.thatyouwillnotusetheInvestmentPackageinanyfashionormannerdetrimentaltotheOwnerorBroker.

Page 3: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

AVAILABLE:±3,121SFRETAILSPACE•  ExclusivelycenterservingtheSunsetBeachcommunity

•  StrategicallylocatedonbusyPacificCoastHighway

•  AmpleparkingwithApprox.15spaces

•  EquippedwithTepan-yakisecFonandSushibarinabeauFfullydesignedinterior.

•  StrongdemographicswithanaverageHHincomeof$102,952andadayFme

populaFonbaseof53,636inathreemileradius

Features:

Demographics:(2015Est.) 1Mi. 3Mi. 5Mi.

PopulaFon:Adult 4,458 43,799 171,233

DayFmePopulaFon 3,620 53,636 214,392

AverageHHIncome $146,140 $102,952 $105,638

Demographicsource:Costar

Page 4: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

PacificCoastHighwayHunFngtonBeach,CA92649

PROPERTYINFORMATION

Address 16232PacificCoast,Highway,

HunFngtonBeach,CA92649

PropertyType Retail

LandSize ±12,163SF(0.28Acre)

BuildingSize ±3,121SF

APN 178-581-21

YearBuilt 1960

Parking Approx.15spaces

Zoning CV(CommercialVisitor)

FINANCIALINFORMATION

Price/SF $561/SF

AskingPrice $2,100,000

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

Page 5: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

BusinessOverview:

“Fully operating, full service restaurant with Excellent ratings!”

•  ‘DaimonSushi’isestablishedSushi-TepanyakiBusiness,successfullyoperatedover30years•  LocatedinSunsetBeachonbusyPacificCoastHighwaywithapprox.39,000trafficcounts

•  ‘Legalnon-conforming’or‘Grandfatherprotected’retailrestaurantoperaFon

•  ABC47LiquorLicense

•  ExcepYonalRestaurantRaYngs;knownforentertainment,menu,serviceandexcellentfood

•  Minutesfromthebeach,marinaandotherHunYngtonBeacha[racYons

•  NebedaroundmulY-milliondollarestatesAreaofNewLols,MulF-familyHousing,AdapFve

Re-UseProjects,CommercialDevelopments,etc.

•  Greatopportunityfor“TurnKeyOpera6on”,whichallowsforthecompleterenovaFonof

theoperaFngpropertyintoanytypeofrestaurantplaoormanoperatorcouldchoose.

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

Page 6: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

NeighborhoodSnapshot

Page 7: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

SalesComparable:

16305PCH

SUBJECTPROPERTY

COMPSDetailSheet

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

Source:Costar

Page 8: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

Demographics:

Source:Costar

Page 9: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

HouseholdIncome:

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.

SOLOMONYBKIMPrincipleBrokerTel:(213)[email protected]:CA#01273678

Source:Costar

Page 10: 16232 Pacific Coast Highway, Hunngton Beach, CA 92649...Zoning CV (Commercial Visitor) FINANCIAL INFORMATION Price/SF $561/SF Asking Price $2,100,000 SOLOMON YB KIM Principle Broker

CommercialRealEstate

SOLOMONYBKIM

PrincipleBroker

Tel:(213)[email protected]:CA#01273678

NextCommercialRealEstatehasbeenselectedtoexclusivelymarketforsalea±3,121SF,onestory,owner-userandfree-standingbuildingin16232PacificCoastHighway,HunFngtonBeach,CA92649.

ExcellentOpportunityforpurchasingIdeallylocatedrealestateand

over30yearsofestablishedbusiness!

NextCommercialRealEstate3200WilshireBlvd.Suite1505LosAngeles,CA90010TheinformaFoncontainedhereinhasbeenobtainedfromvarioussourceswhichwedeemreliable,however,wemakenoguarantee,warrantyorrepresentaFonaboutit,anditissubjecttochangeanderrors.Youandyouradvisorsshouldconductacareful,independentinvesFgaFonofexclusivelythepropertytodeterminetoyoursaFsfacFonthesuitabilityofthepropertyforyourneeds.Allofferingsaresubjecttopriorsale,leaseorwithdrawalfromthemarketwithoutnoFce.ThispropertyisofferedthroughNextCommercialRealEstate.