RESTAURANT FOR SALE HALCYON & STELLA 1429 ISLAND AVENUE, CA 92101
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1 RESTAURANT FOR SALE HALCYON & STELLA 29 ISLAND AVENUE, CA 92101
2 PROPERTY HIGHLIGHTS ±2,987 SF restaurant with large exclusive patio. ±1,876 SF basement level space. Roll-up doors fronting fault line park, a 60,000 SF public park. Type 47 license. Asset sale. Adjacent to Pinnacle on the Park, a 965-unit apartment project. Situated in Downtown s East Village and the intersection of th & Island. Initial term runs through June One 5-year option to renew. Rent schedule: 07/17-06/19: $2.50/SF + NNN 07/19-06/24: $2.92/SF + NNN *rent based on ground floor area NNN s approximately $0.57/SF. FOR OFFERING INFORMATION: URBAN STRATEGIES GROUP FLOCKE & AVOYER COMMERCIAL REAL ESTATE MICHAEL BURTON mburton@flockeavoyer.com License ID: PASQUALE IOELE pioele@flockeavoyer.com License ID: Greenwich Drive, Suite 110 San Diego, CA, *Disclaimers ALEX DRECKSEL adrecksel@flockeavoyer.com License ID:
3 NEIGHBORHOOD SUMMARY OVER 2,600 NEW UNITS WITHIN A FEW BLOCKS Greystar; Park units; 55,000 SF retail Estimated Completion: Fall 2017 Richman Capital; K1 222 units; 7,000 SF retail Estimated Completion: 2020 Two blocks from the Trolley Station and Park Boulevard. Pinnacle on the Park Phase I 484 units; 8,100 SF retail COMPLETED Walking distance to PETCO Park, the Convention Center, Gaslamp Quarter, San Diego Central Library and Thomas Jefferson School of Law. Convenient access to the I-5, 94 and 163 freeways. Trammell Crow; Alexan San Diego 320 units; 3,000 SF retail Estimated Completion: Winter 2017 Lennar; Shift 368 units; 18,500 SF retail Estimated Completion: Spring 2018 Nook East Village 91 units; 1,800 SF retail Estimated Completion: Summer 2018 Pinnacle on the Park Phase II Tower 2: 476 units, 8,100 SF retail Estimated Completion: 2018 GROUP IBI innacle International - 15th Street & Island Ave PROPERTY Area tenants include 10 Barrel Brewing Co., The Mission, Fit Athletic, Monkey Paw, Albertsons, Basic Bar & Pizza, Copa Vida, Half Door Brewing Co. and Massage Envy.
4 LARGE ROLL-UP DOORS LEAD OUT TO AN EXCLUSIVE PATIO PROVIDING A UNIQUE OPEN FLOOR PLAN.
5 EAST VILLAGE DEVELOPMENT PIPELINE - Q Update Pipeline Recently Completed (Approx. 3,530 residential units; 100,000 SF office; 173,200 SF retail) (Approx. 3,235 residential units; 1,064,400 SF office; 177,900 SF retail; 2,350 hotel rooms) (Approx. 1,715 residential units; 300,000 SF office; 35,000 SF retail; 407 hotel rooms; San Diego Central Library; Urban Discovery Academy) Ash St. San Diego High School 3,000 Students PIPELINE Greystar; Park units; 55,000 SF retail 2 Estimated Completion: Early 2018 Airborne SD 21,000 SF retail Estimated Completion: May Affirmed Housing; Cypress Apartments 63 units Estimated Completion: Summer A St. 1 2 B St. C St. Broadway San Diego City College 16,900 Students 1,300 Faculty & Staff Wood Partners; The Rey II 459 units Bosa; Broadway Block Pinnacle; Pacific Heights Pinnacle; 11th & Broadway L2HP; Makers Quarter Block A L2HP; Makers Quarter Block C 279 units; 8,000 SF retail 701,800 SF office; 26,900 SF retail units; 18,800 SF retail 77,100 SF retail Streetlights Makers Quarter Two mixed-use towers; units; 11,000 SF retail units; 206,600 SF office; units; 21,200 SF retail 8 Stephen Dalton; 15 & G 28 units; 2,900 SF retail E St Richman Capital; K1 222 units; 7,000 SF retail Estimated Completion: 2020 Lennar; Shift 368 units; 18,500 SF retail Estimated Completion: Spring Trammell Crow; Alexan San Diego 318 units; 3,000 SF retail Estimated Completion: Winter 2017 Pinnacle on the Park Phase II Tower 2: 476 units, 8,100 SF retail Estimated Start Date: April Nook East Village 91 units; 1,800 SF retail Estimated Completion: Summer 2018 L2HP; Makers Quarter Block D 42,000 SF office; 8,000 SF retail Estimated Completion: Winter th Ave th Ave. 13 8th Ave. 9th Ave. 10th Ave. F St. G St. 11th Ave. St. Island St Park Blvd th St. th St. 6 Planned East Village Green Public Park Pinnacle Park 8 15th St th St. 9 Avion Dev.; Lucia Nel Cielo 424 units; 3,000 SF retail 10 J St. Hospitality; Moxy Hotel 126 rooms rooms; 9,000 SF retail 12 Canopy by Hilton & 13 RECENTLY COMPLETED (partial list) Briad Group; AC Hotel J Street Hospitality; Hampton Inn & Suites 320 Rooms Cisterra; 7th & Ritz-Carlton Hotel; 160 rooms Whole Foods; Ritz Residences; 156,000 SF office MCRT; Modera San Diego 383 units 15 JMI; Ballpark Village Convention Center Hotel 1,600 rooms J St. 10 Alliance; Broadstone Makers Quarter 269 units, 5,100 SF retail Estimated Completion: Early Lowe Enterprises/IDEA I 295 units; 13,000 SF retail 8,000 SF office Estimated Completion: Winter Holland; Park & 495 units; 50,000 office; 17,900 retail K St. 1 *The information contained herein has been given to us by sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it SEMPRA Energy 300,000 SF office Courtyard Marriott 90 Rooms HG Fenton; Urbana 96 units; 1,100 SF retail San Diego Central Library 497,650 SF e 3 Civic High - Charter High School Pinnacle on the Park Phase I 484 units; 8,100 SF retail Planned East Village Green Public Park Phase I - Estimated 2018 Delivery 13 Richman Capital; F units; 5,600 SF retail Estimated Completion: Spring 2018 Willmark Communities; 13th & C 117 units; 9,200 SF retail Estimated Completion: Summer 2018 *The information contained herein has been given to us by sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Form units; 10,000 SF retail Pendry Hotel by Montage 317 rooms ; 5,000 retail Wood Partners; The Rey I 480 units Alpha Square 203 units; 5,500 SF retail EV Lofts 208 units; 5,300 SF retail
6 223,475 SF ~849 employees Broadway 707 Broadway 187,304 SF ~543 employees Salvation Army 250 Units Fairfield Inn In planning in planning 623 units Salvation Army Andaz Hotel 159 rooms 900 F Street 115 units Rowhomes on F 17 homes F St 269 units 250 units Urban Discovery IDEA 1 Old Post Office Broadstone 206,600 SF MQ Block A Pinnacle E St 154 rooms EAST VILLAGE MAP Celadon Former Library MQ Block A 298 units F units City View Apts Makers Quarter under construction 54,000 SF MQ Block C 701,800 SF MQ Block D 48,000 SF 122 units Lucia Nel Cielo St Existing Residential/ Mixed Use 235 rooms Sempra HQ 320,000 SF 8th Ave 90 rooms 7th Ave 6th Ave Courtyard Marriott Hotel Solamar / In Planning Residential/Mixed Use 233 units 160 rooms 205 units LEGEND Hotels The Mark Park Lofts 120 units TR Produce 18,000 SF 163 units Hotel Indigo 306 rooms The Legend 178 units Park Blvd West 230 units 264 units Urbana 96 units Thomas Jefferson School of Law Fahrenheit 77 units Diamond Terrace 113 units Metrome 184 units Island Village 281 units Bumble Bee Tuna San Diego Public Library Icon 325 units 29,528 SF Entrada Apartments Park Blvd East 104 units 172 units 233 units School/Government DOWNTOWN QUICK FACTS 16 & 136 units 65 units 965 units K1 208 units 368 units Omni San Diego 511 rooms 11,786 11M ,276 6, M Number of hotel rooms Total number of businesses Nook 91 units under construction Total office square footage Individual attendees at the Convention Center Petco Park annual attendees 34.9M 3.3M 20.6M 17.4M 10M+ $10.4B Visitors to San Diego Modera 383 units In Planning Total population of Downtown San Diego SAN DIEGO COUNTY QUICK FACTS Ballpark Place Apts 100 units Office 38,039 Events held at the Convention Center Shift Alexan 313 units under construction 81,237 Total jobs located downtown Element Pinnacle on the Park K St Park Terrace Form units 77 units J St 305,255 SF 229 units Alpha Square Potiker Senior 203 units Living 200 units Parkside Terrace 117 units Island Ave Diamondview San Diego Marriott Gaslamp M2i 210 rooms 9th Ave 176 units 427 units, 51,000 SF Office Street Village 13 & 208 units Strata Cisterra 7th and RFP Alta EV Lofts 16th St In Planning Holland Partners Park & RFP 28 units 13th St 106 units Bosa Development Future Project 76 units 15th &G 15th St Nexus 7 units in planning 424 units 295 units th St 6 West Lofts at 655 G St 207 units Park Blvd 103 rooms G Lofts East 11th Ave Comfort Inn 10th Ave Streetlights 17th St Torbati Bldg Park units *All information regarding this property is deemed to be reliable, however, no representation, guarantee or warranty is made to the accuracy thereof and is submitted subject to errors, omissions, change of price rental, or withdrawal without notice. Air passengers at San Diego International Airport Annual visitors to Balboa Park and the San Diego Zoo Population of San Diego County Visitors spent the night in San Diego Visitors spent around San Diego *Demographics produced using private and government sources deemed to be reliable. The information herein is provided without representation or warranty. Additional information available upon request.
7 URBAN STRATEGIES GROUP FLOCKE & AVOYER COMMERCIAL MICHAEL BURTON License ID: PASQUALE IOELE License ID: ALEX DRECKSEL License ID:
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