ICONIC RETAIL SPACE OPPORTUNITY. flight SOLANA BEACH

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1 ICONIC RETAIL SPACE OPPORTUNITY

2 An Absolutely Unique Opportunity. HIGHLIGHTS 3 SITE PLAN 4 AERIAL 5 LOCATION DETAILS 7 FLIGHT Flight, as the project has been named, is located in Solana Beach, California, an affluent beach community nestled between Del Mar s horse racing track, village amenities and high end residential communities to the south and Cardiff by the Sea/Encinitas to the north. More specifically, the property is in the Cedros Avenue Design District with its eclectic mix of retail, fashion, home décor and entertainment including a Farmer s Market every Sunday. Cedros Avenue runs parallel to both Pacific Coast Highway 101 (one block to the west) and the I-5 San Diego Freeway (just under 1 mile to the east). It PROPERTY RENDERINGS enjoys access to Lomas Santa Fe Drive on the north side and Via De La Valle at the south end both exits off of the I-5 freeway. 3 3

3 DEL MAR to the South to the North Del Mar Race Track CARDIFF ENCINITAS Solana Beach Station CVS Fletcher Cove Pill Box Belly Up Tavern Lomas Santa Fe S Cedros Ave Solo Muttropolis Solo *rooftop parking West Elm CVS *rooftop parking Muttropolis Cedros Ave *total 64 stalls Belly Up Tavern 5

4 Site Plan. A B '-0" 30'-0" 19'-4" 18'-8" 40'-4" RETAIL 1 1,221 SF 68'-0" 8" 20'-4" 2 2 C ELECTRICAL 309 SF TRASH ENCLOSURE 184 SF D FIRE RISER 60 SF COFFEE, JUICE, OR APPAREL 1221 SF LOMAS SANTA FE PLAZA TOWN CENTER Lomas Santa Fe Dr FLOWER HILL PROMENADE 217,000 CPD DEL MAR CENTER N 20'-0" DRY STORAGE 235 SF '-0" 8" RETAIL 1 RETAIL 2 1,275 SF 13'-2" 6'-10" FITNESS + APPAREL 1275 SF 20'-0" '-0" 10'-4" RETAIL SF 28'-7" RETAIL 3 1,550 SF COMBINE SUITES 2&3 J.C. 62 SF 6 6 MENS 86 SF ELEV. MACH. 26 SF UP WOMENS 86 SF COVERED AREA 313 SF 17'-10" MECH. 82 SF ELEV. 101 SF 5 HOME DECOR 1550 SF 24'-0" HOME DECOR 709 SF TRAIN STATION 400K+ boardings annually CEDROS DESIGN CENTER DEL MAR RACETRACK & FAIRGROUNDS 3 million visitors annually '-0" RESTAURANT 3,221 SF SIGNATURE RESTAURANT 3221 SF FLETCHER COVE PARK 24'-0" RESTAURANT '-8" MECH. VENT 64 SF SOLANA A B C D BEACH 7

5 Located in the Renowned Design District. THE CEDROS EXPERIENCE IS LIKE NO OTHER Set your sights on Cedros, the heart and soul of Solana Beach. This unique experience is well within your reach, whether you are a coastal local or adventurous visitor. San Diegans should show themselves around this special spot often and take advantage of its in-town treasures. A scenic train ride to the Solana Beach station will have you there in no time to experience the culture of the Cedros community. Stroll Cedros to find something special at one of the district s distinctive retailers that are sure to speak to your style eclectic, ultra modern or antique. The iconic avenue offers everything from endless entertainment options, specialty shops and epicurean eateries to indulgent salons, day spas and yoga or Pilates studios. Cedros even has hot spots that suit what you like to sip whether it s espresso, sauvignon blanc or micro-brewed suds. THE PROPERTY The property is located toward the southern end of the Cedros Avenue Design District and is a five-minute walk from the Solana Beach Amtrak Train Station. It is just under an acre 40,946 SF and has already received the necessary approvals from the city as well as the California Coastal Commission. The path to receiving building permits in the coastal area is typically timeconsuming, expensive, and with no certainty of a favorable outcome. We believe that process creates barriers to entry that serve to limit competitive construction. Those hurdles make existing product more valuable particularly new projects that do not have the obsolescence of older buildings. In keeping with the diverse nature of the area, the construction design for 330 Cedros calls for four different uses. There will be a 3,206 SF restaurant/café with outdoor seating along with 4,923 SF of retail shops on the ground floor. On the second floor, we will construct 7,933 SF of creative office suites and 10,291 SF of 1 and 2 bedroom apartments. Parking usually a challenge in beach communities will be ample at 78 spaces, with many shielded by the second floor structures. 9

6 MATT MOSER CHRIS HODGMAN El Camino Real Ste. 202, San Diego, CA Lic. # T: retailinsite.net Lic. # Lic. # The information above has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.