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Freestanding Triple-Net Restaurant
For Sale
Contact for pricing
Pending

246 250 & 254 N Cedros Avenue, Solana Beach, CA 92075

Freestanding single-tenant restaurant property with two buildings, ample parking, and a new long-term NNN lease.

Property Size4,000 SF
Lot Size0.51 Acres
Days on Market113

Property Features for 246 250 & 254 N Cedros Avenue

General Information

Standard status Pending
Size 4,000 SF
Total Parking Spaces 24
Lot size 0.51 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Coastal Commercial
Listed By: Nathan Holthouser · License #CA 01838616
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 30 at 11:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Commercial

Investment Insights

Based on property information with market context.

The property is a free-standing, single-tenant triple-net restaurant investment consisting of two buildings totaling approximately 4,000 square feet on a 22,282-square-foot lot. On-site parking includes 20 standard stalls, one ADA-compliant stall, three motorcycle stalls, and bicycle racks. The buildings have been improved by the tenant, including LEED Platinum certification.

The site is located directly across the street from the Solana Beach Transit Center, which is adjacent to a large public parking lot.

The property is offered as a sale-leaseback. Upon close of escrow, the owner of the Claire’s on Cedros Bakery and Cafe will sign a new 10-year triple-net lease, with 10% rental increases every five years during the base term, plus two five-year options to extend.

Key Highlights

  • Two buildings totaling approx. 4,000 SF on a 22,282 SF lot, freestanding single‑tenant restaurant investment
  • Sale‑leaseback: brand‑new 10‑year triple‑net lease signed by the current tenant upon close of escrow
  • Lease includes 10% rental increases every 5 years during the base term plus two 5‑year options to extend

Property Analytics

Current Use

Claire's on Cedros Restaurant Blink Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Catering Service Florist Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,204
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Home Improvements & Furnishings 26% Shops & Services 7%
Pizza Port Dining
7,141 visits/mo 0.2 miles
Roberto's Mexican Food Dining
4,968 visits/mo 0.3 miles
West Elm Home Improvements & Furnishings
2,554 visits/mo 0.3 miles
PIRCH Home Improvements & Furnishings
2,221 visits/mo 0.2 miles
The UPS Store Shops & Services
1,242 visits/mo 0.5 miles

Demographics for 92075, CA

12,051
Population
5,994
Households
2
Avg Household Size
47
Median Age
71%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
3,544
Density / Sq Mi
$146,210
Median Household Income
$62,842
Median Earnings
$2,996
Median Rent
$1,937,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding single-tenant restaurant property with two buildings, ample parking, and a new long-term NNN lease.
Where is this conventional restaurant located?
The property is located at 246 250 & 254 N Cedros Avenue Solana Beach, CA.
What are key features of this property?
This property features: Two buildings totaling approx. 4,000 SF on a 22,282 SF lot, freestanding single‑tenant restaurant investment; Sale‑leaseback: brand‑new 10‑year triple‑net lease signed by the current tenant upon close of escrow; Lease includes 10% rental increases every 5 years during the base term plus two 5‑year options to extend
More about this property
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