Listing provided courtesy of Sam Mu of Pinnacle Real Estate Group. Last updated 2024-05-13 08:31:41.000000. Listing information © 2023 CRMLS.
Asking Price: $15,000,000
680 S Coast Hwy, Laguna Beach CA 92651
Community: LV - Laguna Village
Status: Active
This Retail property was built in 2023 and is priced at $15,000,000. Please see the additional details below.
State-of-the-Art Free-Standing Structure. The Red Dragon Building For Sale (Only building not business)
A Rare and Exceptional Investment Opportunity. Impressive CAP rate of 5.6%
Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% Increases
Full-service bar and restaurant featuring an Ocean View Terrace on the 3rd Floor
Contemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architect
Cutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezer
Unparalleled Platinum Location in Laguna Beach: 7 min stroll to Main Beach Park, 6 min walk to Downtown, 3 min jaunt to HIP District. Exceptional proximity to designated parking areas, boutiques, eateries, art galleries, and renowned hotels. Boasting a walk score of #96