Welcome to our September newsletter! Recently, our team has been busy with new projects, networking events, and closing exciting deals — and much like the weather, we’re showing no signs of cooling down.
Hello Friends!
Welcome to our September newsletter! Recently, our team has been busy with new projects, networking events, and closing exciting deals — and much like the weather, we’re showing no signs of cooling down. We’re excited about the opportunities ahead and look forward to sharing our latest updates with you. Enjoy the read!
Profitable Restaurant in Solana Beach
Solana Beach, CA 92705
Price - $549,000*
4,400 SF + Patio
Projected 2024 net profit - $250,000
Incredible opportunity for a hands-on operator to own a profitable restaurant with increasing bar revenue in the heart of Solana Beach
Recently renovated less than 2 years ago
Type 47 liquor license - 7am-12am, allowing for entertainment and off premise wine sales
Tacos El Franc has signed a new lease for a 2,320-square-foot space in the Gaslamp Quarter at 528 Fifth Avenue. This renowned Tijuana taqueria, established in 1996, is known for its exceptional carne asada, adobada, and cabeza tacos, which have made it a staple in Tijuana’s dining scene. The Gaslamp Quarter location will be their second U.S. establishment, and will join a handful of diverse restaurants on 5th Avenue. Hannah Sierpina represented the Tenant in this transaction.
Madhouse Dance |Encinitas
Madhouse Dance has just opened its doors in Encinitas with a new 2,373-square-foot studio in the Camino Village Plaza located at 260 N El Camino Real. Known for providing powerful dance workouts for the mind, body, and soul, Madhouse offers a unique, high-energy fitness experience that encourages everyone to let loose and move without judgment. Designed with a nightclub vibe, their studio and classes provide a dynamic space for people to dance without inhibition. Hannah Sierpina represented the Tenant in this transaction.
The Cottage |Del Mar
The Cottage has opened its third location in the city of Del Mar at Del Mar Plaza at 1555 Camino Del Mar. Known for its delicious breakfast, brunch, and lunch options, this new 1,987-square-foot space features their signature menu full of American and Southern Californian favorites, including granola, stuffed French toast, fish tacos, and BLTs. Designed with a fresh indoor-outdoor concept, this Del Mar location offers a cozy, beach cottage atmosphere. Mike Spilky represented the Tenant in this transaction.
Bird Rock Coffee Roasters | La Jolla
Bird Rock Coffee Roasters has just opened its 11th location on the ground floor of the new 8980 Building in La Jolla, across from the UC San Diego campus, at 8980 Villa La Jolla Drive. The 1,519-square-foot space, complete with a patio, offers their signature direct trade coffees and even introduces a new woodfired pizza menu. After years in the making, this beloved local brand is a wonderful addition to Villa La Jolla Drive. Mike Spilky represented the Landlord GPI Companies and Marc Karren represented the Tenant in this transaction.
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