446 S Coast Hwy | Laguna Beach, CA 92651
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- LoopNet Team
446 S Coast Hwy
Laguna Beach, CA 92651
Peppertree Lane · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Generational Acquisition Opportunity – The “Peppertree Lane” is a renown, historic, “trophy” investment opportunity fronting Pacific Coast Highway
- Repositioning Opportunity – Most of the “in-place” tenants operate on “license” or temporary agreements (holding over/month-to-month)
- Tenant’s Historical Occupancy – Existing “in-place” tenancy has enjoyed long-term operating at Peppertree —the Weighted Average Lease Term is +15 yrs
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
7,587 sq ft
Costar Property Class
C
Year Built
1934
Number of Floors
2
Plot ratio
1.45
Total Plot Size
0.12 ac
Use Class
CBD - V - Central Business District
Frontage
50 ft on COAST HWY
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 644-015-03 | Improvements Assessment | £756,423 |
| Land Assessment | £1,502,225 | Total Assessment | £2,258,648 |
PROPERTY TAXES
Parcel Number
644-015-03
Land Assessment
£1,502,225
Improvements Assessment
£756,423
Total Assessment
£2,258,648
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