February 27, 2022

Imperial Beach – Bar Building Sold and Leased

955 Palm Avenue Imperial Beach, CA 91932

Investment Highlights Include:

• New Long Term 5 Year Lease Agreement Signed with Options to Extend
•  +/-1,750 Square Foot Building Not Including Outdoor Seating Area
•  Recently Fully Remodeled Bar with New Grease Trap and Permitted Hood System
• New Electrical, Plumbing, Framing, HVAC, Doors, Windows, Drywall Insulation, etc.
• Strong Vehicle Traffic Counts of 45,000 Cars Per Day (Sandag)
• Located 1 Mile from the Beach and the Future Site of a Signalized Corner