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916-918 North Coast Highway 101 Encinitas, CA 92024

For Sale
$3,995,000

Fully occupied restaurant property in iconic coastal location.

Property size:
2,311 SF

Property Features for 916-918 North Coast Highway 101

General Information

Size
2,311 SF

Source: Isaac Little Agent Isaac Little

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Encinitas Coastal Restaurant Investment

This property, located at 916-918 N. Coast Highway 101 in Encinitas, California, features a total rentable area of 3,254 square feet, including a 2,311-square-foot building and a 943-square-foot patio, situated on a 4,527-square-foot lot. The property is fully occupied by two well-known, established restaurants. It consists of two restaurant suites and one residential apartment. The property is a single-tenant net-leased investment with a fee simple ownership type. The lease term is ten years from the close of escrow, with annual escalations of three percent. The submarket vacancy rate is 2.7%.
Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Käk Catering, Chef Prem

Location Insight

  • Map
  • Local Demand
City
Encinitas
County
San Diego
State
California
Longitude
-117.302418
Latitude
33.064707

FAQs

What type of property is this?
Restaurant - Fully occupied restaurant property in iconic coastal location.
Where is this restaurant located?
The property is located at 916-918 North Coast Highway 101 Encinitas, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: - Fully occupied by two well-known established restaurants; - Iconic coastal location; - NOI: $216,000
More about this property
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