BEACH FRONT Sale or Lease

Offering Memorandum

Offering Summary

Address

951 Seacoast Drive
Imperial Beach, CA 91932

RESTAURANT | RETAIL | EVENTS

  • FOR SALE $8,500,000
  • NOI (Pro Forma) $637,900
  • CAP RATE 7.5%
  • SQUARE FEET 10,794
  • PRICE / SF $787
  • FOR LEASE 10 Year Term
  • RENT ($/SF/YR) $44.00
  • STRUCTURE NNN

SUNSET OCEAN VIEWS

Marcus & Millichap has been selected to exclusively market for SALE or LEASE the fee simple interest in an approximately ±10,794 square foot beach front three-story building located at 951 Seacoast Drive, Imperial Beach, CA 91932. The Property is ideally positioned along Seacoast Drive, the primary coastal corridor of Imperial Beach and benefits from immediate proximity to the iconic Imperial Beach Pier with unobstructed views of the Pacific Ocean.

The building features multiple floors of restaurant and retail space along with a rooftop deck, creating a unique hospitality and entertainment destination. The rooftop provides an ideal setting for private events, weddings, corporate functions, and sunset receptions, offering panoramic ocean views and one of the most desirable event settings in San Diego County.

Imperial Beach is recognized as California’s southernmost coastal city, attracting residents, tourists, and beach visitors year-round. Located just south of San Diego and minutes from Coronado and Silver Strand State Beach, the city draws consistent visitation from both regional and international travelers. The beachfront corridor along Seacoast Drive has become a growing destination for dining, recreation, and coastal tourism.

With its beach front location, rooftop event space and restaurant-ready configuration, The View represents a rare opportunity to establish a signature hospitality, dining and entertainment venue along one of Southern California’s most scenic beach corridors.

  • COASTAL BEACHFRONT LOCATION - Newly built, three-story property featuring a stunning rooftop and open-air spaces with sweeping ocean views and breathtaking sunsets.


  • VISITOR DESTINATION - Consistent beach traffic and year-round local tourism with over 400,000 annual visitors to its shoreline


  • VALUE-ADD - Lease-up potential with flexible space allowing tenants to customize interiors and rooftop details to specifications. CUP in place for events, dining, dancing and premium hospitality.


  • STRONG LOCAL & REGIONAL DEMOGRAPHICS - 25,500 residents with median household income of ~$79K driving restaurant, retail, event demand.

Location Map

SALE or LEASE

Exclusive Listing Team

Brokerage Team

Barbara Nelson

Associate - Investments
Associate - Investments
CA 02290473
(858) 396-4358 Barbara.Nelson@marcusmillichap.com

Bill Rose

Senior Managing Director - Investments
CA 01170320, NV S.019873
(760) 402-3484 Bill.Rose@marcusmillichap.com

Chad O'Connor

Capital Markets
San Diego
CA: 01423852
(619) 894-2194 chad.occonor@marcusmillichap.com

Parker Wada

Associate - Investments
CA: 02107118
(760) 822-6094 Parker.Wada@marcusmillichap.com

Reed Hamilton

Associate - Investments
CA: 02230580
(619) 920-1099 reed.hamilton@marcusmillichap.com

Submit LOI