Description
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 6%Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% IncreasesFull-service bar and restaurant featuring an Ocean View Terrace on the 3rd FloorContemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architectCutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezerUnparalleled 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
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0.13ACRES
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01/2 BATHS
School Ratings & Info
Description
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 6%Long-Term (10) Year Lease Absolute NNN Lease With Annual 3% IncreasesFull-service bar and restaurant featuring an Ocean View Terrace on the 3rd FloorContemporary exterior & interior masterfully envisioned by acclaimed Laguna Beach architectCutting-edge commercial kitchens spanning the 1st and 2nd floors, equipped with the latest culinary technology and a spacious walk-in cooler/freezerUnparalleled 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T21:29:24.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.