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JUST LISTED
A RARE MALIBU MIXED-USE OFFICE & RETAIL OFFERING
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Investment Highlights
- Rare Mixed-Use Trophy Asset Located at the Signalized Intersection of PCH and Kanan Dume in Malibu
- Immediate Ability to Increase NOI Through Lease up of Vacant Space-Supply Constrained Sub-Market
- Unique Owner-User Opportunity
- and Investment Opportunity for Office or Retail Uses–Irreplaceable Real Estate
- Unique Architecture and Design with Recent Upgrades and Renovations
- Abundant on Site Parking – 42 Total Spaces at 2.6/1,000 Ratio
- Existing Rents – 17% Below Market on Average
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• Significant Exposure at Corner of PCH and Kanan Dume – Traffic Counts Exceed 29k VPD
• Extraordinary Demographics – Over $125k/year Median Household Income within 1-mile Radius
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