Laguna Beach, CA - Heisler Laguna Collection

Description:

SRS Capital Markets SoCal is pleased to present a rare opportunity to acquire the fee simple interest in the Heisler Laguna Collection—a prominent collection of seven contiguous parcels for a just over an acre located in the vibrant heart of Laguna Beach, California. At 86% occupancy and below market rental rates, the asset is well positioned for the investor to add value through lease-up along with flexibility in the lease structure and zoning for the investor to put together a redevelopment plan.

Ideally positioned along Pacific Coast Highway, less than 1,500 feet north of Broadway Street and Laguna Canyon Road, the property offers over 600 feet of prime frontage, providing exceptional visibility and branding potential. Spanning an entire block, and a walk score of 88 (very walkable) on Property Shark, the site enjoys direct pedestrian access to both cultural and recreational attractions such as Laguna Art Museum, Main Beach and Heisler Park. The property is steps from renowned restaurant destinations such as Las Brisas, Urth Caffé, and soon to come Truly Pizza.