Pacific Beach Retail Space

• Leased for $21,500 Per Month Base Rent Plus Triple Net (NNN)
• Total Lease Value More Than $1,500,000 Over 5 Years
• NNNs are Estimated to be $3,500 Per Month
• Former +/- 7,500 Square Foot Clothing Store and Bank Building
• New Space is called “PB Cyber Arcade” with Games, Deli & Frozen Treats
• One New 5 Year Lease with Two 5-Year Options to Extend
• 4% Annual Base Rent Increases
• Located on the Signalized Corner of Garnet Avenue & Bayard Street
• Was the Largest Commercial Space Available in 92109
• Received Over 15 Offers from National and Local Retailers
• Future Site of a Children’s Arcade

The Franco Realty Group was given the opportunity to lease Pacific Beach’s largest retail building. In a couple month’s we generated more than 10 offers from national retailers & local There was NO Tenant Improvement Allowance