979 Avenida Pico San Clemente, CA 92673

This property offers a rare opportunity to acquire a shadow-anchored grocery center in the affluent community of San Clemente, California. The center is shadow-anchored by a recently renovated Pavilions. The tenant lineup includes Board & Brew, Baja Fresh, Verizon Wireless, AT&T, NFCU, and Mattress Firm. Part of the dominant community center in San Clemente, Plaza Pacifica is additionally anchored by Walmart and Lowe’s. The location provides positioning for tenants to draw customers from the surrounding neighborhoods. The property benefits from a high discretionary income trade area with an average household income in excess of $195,000 within a 3-mile radius, and a densely populated area with over nearly 100,000 permanent residents and 35,000 daytime consumers within a 5-mile radius. Albertsons recently invested capital in converting to Pavilions. The property is adjacent to a new $20 million Hoag Medical Center of 20,000 square feet, serving the San Clemente trade area, and adjacent to a 299-acre, 98% occupied business park, generating consumer traffic. The property size is 23,679 square feet.