<p>224 & 226 Avenida Del Mar are being sold together as 2 of the premier Commerical buildings in San Clemente along with 3 prime parking lots situated behind the buildings on Avenida Cabrillo. These 2 properties are being sold as one package and offer great potential. Here are the Property Highlights:</p> <p>224 Avenida Del Mar: – Multi-unit property featuring 5 suites – Suite A: $6,000/month – Suite B: $3,500/month – Suites C, D, & E: One tenant occupies all three suites for a total of $13,000/month – All these leases are not triple net, providing flexibility for management</p> <p>226 Avenida Del Mar: – Strong A Class Tenant: Rare Society Restaurant – Lease Rate: $25,000/month on a triple net lease – The stability of this tenant enhances the investment’s appeal – This tenant is on a 10 year lease with 4% increases every 2 years Shared Parking Agreement: Both properties benefit from a verbal shared parking agreement, allowing for seamless access and future development potential on the 224 Avenida Del Mar property.</p> <p>Parking Lots: – Three additional lots located behind the properties, each with its own APN/Parcel number, ensuring ample parking for tenants and visitors alike. Investment Opportunity: The combined rental income from both properties presents a compelling cap rate, making this an attractive investment for buyers seeking to capitalize on the thriving San Clemente market. Join the Vibrant San Clemente Community: Take advantage of this rare opportunity to own prime commercial real estate in one of California’s most desirable coastal towns.</p>