Freestanding Triple-Net
246 250 & 254 N Cedros Avenue Solana Beach, CA 92075
246 250 & 254 N Cedros Avenue, Solana Beach, CA, 92075
Contact for pricing
For Sale
Contact for pricing
Pending
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 Market105
Property Features for 246 250 & 254 N Cedros Avenue
General Information
- Standard status
- Pending
- Size
- 4,000 SF
- Lot size
- 0.51 Acres
- Property subtype
- Retail
Listing agency
Coastal Commercial
Listed by
Nathan Holthouser · License #CA 01838616
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 11:25PM Checked: Jul 22 at 11:25PM
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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.
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
Location Intelligence
Current Use by Public Records
Claire's on Cedros
Restaurant
Blink Charging Station
Electric Vehicle Charging Station
Similar For Sale Nearby
FAQs
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
