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ICONIC RETAIL SPACE OPPORTUNITY SOLANA BEACH flight

SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

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Page 1: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

I CO

NI C

RE

T AI L S

PA

CE

OP

PO

RT U

NI T Y

S O L A N A B E A C H

flight

Page 2: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

3

P R O P E R T Y R E N D E R I N G S

AnAbsolutely

UniqueOpportunity.

F L I G H T

“Flight,” as the project has been named, is located

in Solana Beach, California, an affluent

beach community nestled between Del Mar’s

horse racing track, village amenities and high end

residential communities to the south and Cardiff by

the Sea/Encinitas to the north. More

specifically, the property is in the Cedros Avenue

Design District with its eclectic mix of retail,

fashion, home décor and entertainment – including

a Farmer’s Market every Sunday. Cedros

Avenue runs parallel to both Pacific Coast Highway

101 (one block to the west) and the I-5 San

Diego Freeway (just under 1 mile to the east). It

enjoys access to Lomas Santa Fe Drive on the

north side and Via De La Valle at the south end –

both exits off of the I-5 freeway.

3

HIGHLIGHTS 3

SITE PLAN 4SOLANA BEACH AERIAL 5LOCATION DETAILS 7

S O L A N A B E A C H

flight

Page 3: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

5

Del Mar Race Track

S C

ed

ros

Ave

DEL MAR

SOLANA BEACH

to the South

Solo

Muttropolis

Belly UpTavern

CVS

Ce

dro

s A

ve

Lomas Santa Fe

CARDIFF

Solana Beach

Station

ENCINITAS

to the North

*rooftop parking

WestElm

Belly UpTavern

Pill Box

CVS

FletcherCove

Solo

Muttropolis

S O L A N A B E A C H

flight

S O L A N A B E A C H

flight

Page 4: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

7

SitePlan.

S O L A N A B E A C H

E X C L U S I V E F L I G H T P A R K I N G

S C

ED

RO

S A

VE

flight

UP

A

A

B

B

3 3

4 4

5

6 6

7 7

8 8

C

C

D

D

1 1

2 2

40'-4"

20'-4

"

21'-0

"20

'-0"

20'-0

"21

'-0"

10'-4

"24

'-0"

24'-0

"

235 SFDRY STORAGE

8"

8" RETAIL 1

17'-10"

82'-0

"48

'-0"

30'-0" 19'-4" 18'-8"

68'-0"

28'-7"

58'-8"

13'-2

"6'-

10"

184 SFTRASH ENCLOSURE

309 SFELECTRICAL

60 SFFIRE RISER

82 SFMECH.

86 SFWOMENS

26 SFELEV. MACH.

86 SFMENS

62 SFJ.C.

101 SFELEV.

64 SFMECH. VENT

RETAIL 11,221 SF

RETAIL 21,275 SF

RETAIL 31,550 SF

RETAIL 4709 SF

RESTAURANT3,221 SF

COVERED AREA313 SF

CO

MB

INE

S

UIT

ES

2&

3

F I T N E S S + A P P A R E L

1275 SF

H O M E D E C O R

1550 SF

H O M E D E C O R

709 SF

S I G N A T U R E R E S T A U R A N T

3221 SF

RESTAURANT

DEL MAR RACETRACK & FAIRGROUNDS

3 million visitors annually

SOLANA BEACH TRAIN STATION400K+ boardings annually CEDROS DESIGN CENTER

FLETCHERCOVE PARK

Lom

as S

anta

Fe

Dr

217,000 CPD

FLOWER HILL PROMENADE

SOLANA BEACH TOWN CENTER

LOMAS SANTA FE PLAZA

DEL MAR CENTER

S O L A N A

B E A C H

N

S O L A N A B E A C H

flight

Page 5: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

9

Locatedin the

RenownedDesign

District.

T H E C E D R O S E X P E R I E N C E I S L I K E N O O T H E R

Set your sights on Cedros, the heart and soul of Solana Beach. This unique experience is well

within your reach, whether you are a coastal local or adventurous visitor. San Diegans should

show themselves around this special spot often and take advantage of its in-town treasures. A

scenic train ride to the Solana Beach station will have you there in no time to experience the

culture of the Cedros community. Stroll Cedros to find something special at one of the district’s

distinctive retailers that are sure to speak to your style—eclectic, ultra modern or antique.

The iconic avenue offers everything from endless entertainment options, specialty shops and

epicurean eateries to indulgent salons, day spas and yoga or Pilates studios. Cedros even has

hot spots that suit what you like to sip…whether it ’s espresso, sauvignon blanc or micro-brewed

suds.

T H E P R O P E R T Y

The property is located toward the southern end of the Cedros Avenue Design District and is a

five-minute walk from the Solana Beach Amtrak Train Station. It is just under an acre – 40,946

SF – and has already received the necessary approvals from the city as well as the California

Coastal Commission. The path to receiving building permits in the coastal area is typically time-

consuming, expensive, and with no certainty of a favorable outcome. We believe that process

creates barriers to entry that serve to limit competitive construction. Those hurdles make existing

product more valuable – particularly new projects that do not have the obsolescence of older

buildings. In keeping with the diverse nature of the area, the construction design for 330 Cedros

calls for four different uses. There will be a 3,206 SF restaurant/café with outdoor seating along

with 4,923 SF of retail shops on the ground floor. On the second floor, we will construct 7,933

SF of creative office suites and 10,291 SF of 1 and 2 bedroom apartments. Parking – usually

a challenge in beach communities – will be ample at 78 spaces, with many shielded by the

second floor structures.

Page 6: SOLANA BEACH · residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue ... epicurean eateries

The information above has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

12264 El Camino Real Ste. 202, San Diego, CA 92130 | Lic. # 01206760 | T: 858 523 2090 | retailinsite.net | Lic. #1824068 | Lic. #01772051

M A T T M O S E R

[email protected]

C H R I S H O D G M A N

[email protected]

S O L A N A B E A C H

flight