Quiksilver Bldg / 2-Tenant Investment

255 & 249 A/B Forest Ave., Laguna Beach, CA

$7,285,000

Price

4,566 sqft

Building Size

 
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Map
Overview
Building Size
4,566 sqft
Description

Faris Lee Investments is pleased to present the opportunity to acquire a highly desired coastal legacy mixed use real estate investment opportunity - Residential & Retail in Laguna Beach, CA. Quiksilver formally known as Boardriders Retail, Inc., has current revenues exceeding $1.81B. Quiksilver employs over 1,100 people, most of whom work in Huntington Beach and is one of the largest surf wear manufactures in the world and has wide appeal. 68% of the current GLA is leased to Quiksilver
Thee is a brand new residential one bedroom penthouse unit with high end finishes on the second floor. Forest Avenue is one of the premier and centrally located streets in downtown Laguna and is a short walk from City Hall and Main Beach


The Quiksilver mixed use building is located at an emblematic location on Forest Avenue in Laguna Beach’s prestigious Main Beach Village, near a wide range of restaurants, shops, art galleries, services and high-end retailers. Forest Avenue is a well-respected retail street in Laguna Beach and one of the most sought-after retail locations in Orange County, achieving some of the highest rents per square foot in all of Orange County. Retail investors are flocking to high barrier affluent coastal retail investments with restaurants, high street retail, art galleries as they are currently seen as internet resistant and pride of ownership investments

Highlights
  • Highly desired coastal legacy mixed use real estate investment opportunity - Residential & Retail
  • Irreplaceable, Laguna Beach location. The Quiksilver mixed use building is located at an emblematic location on Forest Avenue in Laguna Beach’s prestigious Main Beach Village, near a wide range of restaurants, shops, art galleries, services and high-end retailers
  • Growing income stream/hedge against inflation
  • Located in Laguna Beach’s town center on Forest Avenue with surrounding shopping and restaurant tenants
  • Trophy and pride of ownership real estate investment
  • One of the top California Beach destinations | Ranked #2 beach in California
  • Very affluent coastal South Orange county demographics - Extremely high average household income.
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