Coastal Retail w/Land for Development — Sale in San Clemente, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: San Clemente, CA 92672
Photos
Investment Figures
- Cap rate
- 3.67%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire 201-207 North El Camino Real, a rare multi-tenant coastal retail property located in one of Southern California's most desirable beach communities. Positioned at the prominent intersection of North El Camino Real and Calle Cabrillo, the property benefits from dual frontage, strong visibility, excellent ingress and egress, affluent coastal demographics, tourism-driven traffic, and limited competing commercial supply. The property is occupied by an established mix of local and lifestyle-oriented tenants that align with San Clemente's coastal character. Tenants include Rocco's Restaurant, which has operated at the property since 2010; Moda Marble, serving the San Clemente market since 2011 and operating at the property since 2023; and Severson Originals Apparel, a recognized coastal apparel brand operating at the property since 2023. This complementary tenant mix supports the property's long-term market positioning and enhances its appeal within the surrounding retail corridor. Situated within one of San Clemente's established coastal commercial corridors, the asset offers close proximity to downtown San Clemente and is surrounded by popular restaurants, boutiques, lifestyle retailers, and neighborhood-serving amenities. Its walkable coastal setting further strengthens the property's ability to attract both local residents and visitors while reinforcing long-term tenant desirability. In addition to stable in-place occupancy, the offering is further distinguished by a valuable land component, including excess land along Avenida De La Estrella. This creates potential for future development, expansion, repositioning, or possible mixed-use redevelopment, allowing investors to unlock additional value over time. Within a highly supply-constrained coastal market characterized by stringent coastal regulations, limited land availability, high barriers to entry, 201-207 North El Camino Real represents a scarce a
Market Context
This retail in San Clemente, CA is listed for sale. It is offered at an approximate 3.7% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in San Clemente, CA — view the full market.
Contact
- Sheila Alimadadian · (949) 419-3265 · sheila.alimadadian@marcusmillichap.com
- Preston Davey · (949) 419-3277 · preston.davey@marcusmillichap.com
- Ronald Balys · (716) 445-7581 · ron.balys@marcusmillichap.com
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