Restaurant and Event
For Sale
Contact for pricing
Pending
2016 S El Camino Real, San Clemente, CA 92672
Restaurant space includes a bar and dedicated event area.
Property Size4,900 SF
Days on Market591
Property Features for 2016 S El Camino Real
General Information
Standard status
Pending
Size
4,900 SF
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(909) 227-6644
Listed By:
Josh Cunningham · License #01802660
(909) 227-6644
Source:
Moodyscre
Added: Jan 17, 2025
Changed: Aug 29
Last Checked: Aug 30 at 1:38PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
The 4,900-square-foot property combines restaurant operations with a bar and a dedicated area configured for events. Its layout supports dining, beverage service, and event functions within one commercial facility.
Located at 2016 S El Camino Real in San Clemente, California, the property is positioned along a named commercial roadway and carries a restaurant-focused configuration.
Located at 2016 S El Camino Real in San Clemente, California, the property is positioned along a named commercial roadway and carries a restaurant-focused configuration.
Key Highlights
- 4,900‑square‑foot restaurant property
- Includes a bar component
- Dedicated event space within the facility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$110,201
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,204,020
$2.2M
Cap Rate 7%
$1,574,300
$1.6M
Cap Rate 9%
$1,224,456
$1.2M
Market Conditions
NOI Build-Up for 4,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$166.4K $33.96/SF
− Vacancy
−$19.5K −$3.97/SF
EGI
$146.9K $29.99/SF
− OpEx
−$36.7K −$7.50/SF
NOI
$110.2K $22.49/SF
Area
Orange County, CA
Vacancy
11.70%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,204,020
Cap Rate 7%
$1,574,300
Cap Rate 9%
$1,224,456
Alternative Uses
Best Use
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,201 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,207 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 27%
Hotels & Casinos 5%
76
Shops & Services
22,843 visits/mo
0.3 miles
Jack in the Box
Dining
19,972 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,762 visits/mo
0.2 miles
7-Eleven
Shops & Services
6,442 visits/mo
0.5 miles
76
Shops & Services
4,959 visits/mo
0.4 miles
Demographics for 92672, CA
41,067
Population
17,487
Households
2.3
Avg Household Size
37
Median Age
48%
College-Educated
93%
High-School Grad
35.6 sq mi
ZIP Area
1,154
Density / Sq Mi
$109,991
Median Household Income
$54,874
Median Earnings
$2,370
Median Rent
$1,240,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes a bar and dedicated event area.
Where is this conventional restaurant located?
The property is located at 2016 S El Camino Real San Clemente, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 4,900‑square‑foot restaurant property; Includes a bar component; Dedicated event space within the facility
