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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.


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