340 SOUTH COAST HIGHWAY, LAGUNA BEACH, CA 92651...Nick’s, Watermarc, C’est La Vie, BJ’s...

Post on 22-Sep-2020

1 views 0 download

Transcript of 340 SOUTH COAST HIGHWAY, LAGUNA BEACH, CA 92651...Nick’s, Watermarc, C’est La Vie, BJ’s...

Blake Woodward First VicePresident+1 949 725 8547blake.woodward@cbre.comLic.00761265 www.cbre.com

CONTACT US

+ ± 4,780 Rentable SquareFootage

+ Live Entertainment Permit (Until 2am)

+ Prominent Street Frontage on South Coast Highway

+ Laguna Beach Enjoys over 3 Million Annual Visitors

+ Traffic Exceeds 36,000 CPD

+ Nearby restaurants include Nick’s, Carmelita’s, Watermarc,

C’est La Vie, Tortilla Republic, BJ’s Restaurant & Brewhouse,

Sky Loft, Alessa by Pirozzi, Hotel Laguna, and Tommy Bahama

+ Available for first time in 38 years

FOR LEASE

±4,780 SF | ICONIC RESTAURANT BUILDING340 SOUTH COAST HIGHWAY, LAGUNA BEACH, CA 92651

PROPERTY HIGLIGHTS

CBRE is pleased to present a rare opportunity to lease the iconic WhiteHouse building which has been a Laguna Landmark since 1918. Locatedin the heart of Laguna Beach, the property has immediate access toCoast Highway and is just steps from the beautiful Main Beach. Theproperty is part of the Downtown Specific Plan: CBD Visitor Commercial.Primary uses include art galleries, restaurants, retail uses that emphasizecustom, and-crafted or distinctive merchandise, hotels, and theatres.

MAIN BEACH

340S CoastHighway

LAGUNABEACH

SHAWSCOVE

EMERALDBAY

CONFIDENTIAL: PLEASE DO NOT DISTURB TENANT

CRESCENT BAY

8

Address340 S. Coast Highway, Laguna Beach, CA92651

CountyOrange

APN644-014-03

Stories One (1)

Building Size 4,780 SF

Parking

No dedicated parking. There are meteredparking spaces in front of the building alongboth sides of South Coast Highway. A city-owned parking structure is nearby on GlenneyreAvenue & Park Avenue.

Zoning CBD – Visitor Commercial

Year Built1918

Current TenancyThe White House Restaurant

Nearby Tenants

Nick’s, Watermarc, C’est La Vie, BJ’s Restaurant &Brewhouse, Alessa by Pirozzi, Hotel Laguna,Tommy Bahama, Diane’s Beachwear, Quicksilver, Carmelita’s, 230 Forest, Brussels Bistro

TrafficOver 36,000CPD

THE PROPERTY

PROPERTY DETAILS

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

3

LOCAL AND REGIONAL MAP

340S CoastHighway

340S CoastHighway

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

5

CURRENT FLOOR PLAN0

340S CoastHighway

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

6

PROPERTY PHOTOGRAPHS

Interior of Existing Restaurant

Exterior of Existing RestaurantView from Patio

Building Entrance

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

7

PROPERTY PHOTOGRAPHS

Entrance and Patio

Entrance and Patio

Patio

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

8

HISTORIC PHOTOGRAPHS

FDR outside the White House (1938)

Source: Orange County Historical Society

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

9

AERIAL PHOTOGRAPH

340S Coast Highway

RuthMayer Gallery

s

Adonis Restaurant

Chantilly Ice Cream

MainBeachOutlet

CrazyShirts

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

Brussels Bistro

Laguna Beach PublicLibrary

9

AERIAL PHOTOGRAPH

340S Coast Highway Adonis

Restaurant

Chantilly

IceCream

Main

Beach

Outlet

Crazy Shirts

Laguna Beach PublicLibrary

MAIN BEACH

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

RuthMayer Gallery

9

AERIAL PHOTOGRAPH

MAIN BEACH

340S CoastHighway

Art Galleries

GlenneyreParking Structure

Main Beach Outlet

Laguna Beach

Visitor Center

Laguna BeachPublic Library

Hennessey’sTavern

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

Wild Taco

South of Nicks

9

AERIAL PHOTOGRAPH

340S CoastHighway

MAIN BEACH

LAGUNA BEACH

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

Wild Taco

9

AERIAL PHOTOGRAPH

MAIN BEACH

340S CoastHighway

LAGUNA BEACH

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

TOP OF THE WORLD

Wild Taco

10

RETAIL MAP

340

S CoastHighway

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H

GlenneyreParking

Structure

LAGUNA BEACHLaguna Beach is one of Southern California’s premier coastal destination. Located midway

between Los Angeles and San Diego, the City currently occupies 8.84 square miles and

serves a population of approximately 25,000. This seven-mile stretch of sand and surf

offers a year-round retreat for art lovers, nature enthusiasts and beachgoers.

TOURISMThe city attracts approximately 3.0 million visitors annually due to its miles of coastline,

Mediterranean climate, and the summer art festivals including Pageant of the Masters and

the Festival of the Arts. An ideal mix of fine dining and casual fare, outdoor adventure,

hotels and resorts, unique shopping experiences and plenty of arts and culture set Laguna

Beach apart from other Southern California beach destinations.

SUBMARKET OVERVIEW

DRIVETIME DEMOGRAPHICS

15 MIN 30 MIN 45 MIN

2019 Population - Current Year Estimate 138,437 1,386,048 2,944,586

2024 Population - Five Year Projection 144,621 1,445,944 3,050,025

2019 Employees 94,550 812,208 1,527,409

2019 Average Household Income $158,773 $137,430 $123,052

2024 Average Household Income $178,709 $157,195 $141,617

2019 Median Household Income $107,877 $101,927 $89,429

2024 Median Household Income $121,236 $114,102 $103,533

13

3 4 0 S C O A S T H I G H W A Y , L A G U N A B E A C H