Shopping Strip
Prime Coastal Opportunity - San Diego 2-Tenant Strip Center | NNN Leases
535 Florence St, Imperial Beach (San Diego MSA), CA 91932
Listing Price: $6,500,000
Investment Overview
Imperial Beach is one of San Diego County’s most dynamic and rapidly improving coastal communities, offering a rare blend of beachfront living, strong tourism activity, and year-round outdoor recreation. Situated at the southernmost edge of the San Diego coastline, the city has undergone a meaningful revitalization over the past decade, driven by new hospitality development, enhanced public spaces, and improved coastal amenities. The area attracts a diverse mix of residents, visitors, military personnel, and outdoor enthusiasts, drawn to the city’s relaxed surf culture and direct access to some of the region’s most scenic natural environments.
The city’s location provides immediate access to the Bayshore Bikeway, a renowned 24-mile trail network connecting Imperial Beach with Coronado, Downtown San Diego, and the Silver Strand waterfront corridor. This popular route brings cyclists, runners, and recreational visitors through the surrounding neighborhood daily, supporting steady activity for nearby commercial properties. Imperial Beach is also home to well-known attractions including the Imperial Beach Pier, the Tijuana River National Estuarine Research Reserve, and expansive surfing and bird-watching areas that attract both local and out-of-state visitors.
Economic momentum continues to build through new hotel projects, modernized retail spaces, residential developments, and the growth of neighboring South Bay communities. Proximity to major military installations—including Naval Outlying Landing Field and Silver Strand Training Complex—adds an additional layer of employment stability and consumer demand. With excellent walkability, consistent tourism patterns, and a growing mix of restaurants, boutique shops, and coastal amenities, Imperial Beach stands out as a highly desirable San Diego submarket offering long-term investor appeal. The area’s unique blend of coastal charm, strong connectivity, and ongoing revitalization creates a compelling environment for commercial assets positioned within this thriving beachfront community.
Prime Coastal Opportunity - San Diego 2-Tenant Strip Center | NNN Leases
Investment Highlights
- 100% Occupied 2-Tenant Strip - New 10- Year Term for NOVO Brewery - High-Quality 2-Tenant NNN Investment Offering Built-In Rent Growth and Compelling Market Upside.
- Current Inline Tenant Rent Is Substantially Below Market, Creating Immediate Mark-to-Market Potential Upon Renewal or Re-Tenanting.
- Immediate Access to Bayshore Bikeway Trail System - Situated Near the Renowned 24-Mile Scenic Trail Connecting Imperial Beach to Coronado and Downtown San Diego, Attracting Cyclists, Families, etc.
- Prime Coastal Location Minutes from the Beach - Positioned Just Blocks from Imperial Beach's Shoreline, benefiting from Strong Year-Round Foot Traffic, Beach Tourism, and Steady Local Demand from Residents, Cyclists, and Outdoor Enthusiasts.
- Surrounded by Thriving Hospitality and Recreation - Located in a Vibrant Pocket of Cafés, Waterfront Eateries, Breweries, and Boutique Shops that Consistently Draw Locals and Visitors Seeking Laid-back Coastal Experiences.
- Located in One of San Diego's Fastest-growing Coastal Markets - Imperial Beach has Undergone Significant Revitalization, with New Hotels, Restaurants, and Mixed-Use Developments Driving Sustained Economic Growth and Rising Property Values.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location: Features an Average Household Income of more than $88k and over 255k People Residing within a 5-Mile Radius.
- Walkable, Pedestrian-friendly Neighborhood Environment - Nestled in a Highly Walkable District with Strong Sidewalk Traffic, Boutique Retail, and Community Gathering Spaces that Enhance Visibility and Customer Engagement.
Exclusively Listed By
Shopping Strip
Prime Coastal Opportunity - San Diego 2-Tenant Strip Center | NNN Leases
Listing Price: $6,500,000
Investment Highlights
- 100% Occupied 2-Tenant Strip - New 10- Year Term for NOVO Brewery - High-Quality 2-Tenant NNN Investment Offering Built-In Rent Growth and Compelling Market Upside.
- Current Inline Tenant Rent Is Substantially Below Market, Creating Immediate Mark-to-Market Potential Upon Renewal or Re-Tenanting.
- Immediate Access to Bayshore Bikeway Trail System - Situated Near the Renowned 24-Mile Scenic Trail Connecting Imperial Beach to Coronado and Downtown San Diego, Attracting Cyclists, Families, etc.
- Prime Coastal Location Minutes from the Beach - Positioned Just Blocks from Imperial Beach's Shoreline, benefiting from Strong Year-Round Foot Traffic, Beach Tourism, and Steady Local Demand from Residents, Cyclists, and Outdoor Enthusiasts.
- Surrounded by Thriving Hospitality and Recreation - Located in a Vibrant Pocket of Cafés, Waterfront Eateries, Breweries, and Boutique Shops that Consistently Draw Locals and Visitors Seeking Laid-back Coastal Experiences.
- Located in One of San Diego's Fastest-growing Coastal Markets - Imperial Beach has Undergone Significant Revitalization, with New Hotels, Restaurants, and Mixed-Use Developments Driving Sustained Economic Growth and Rising Property Values.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location: Features an Average Household Income of more than $88k and over 255k People Residing within a 5-Mile Radius.
- Walkable, Pedestrian-friendly Neighborhood Environment - Nestled in a Highly Walkable District with Strong Sidewalk Traffic, Boutique Retail, and Community Gathering Spaces that Enhance Visibility and Customer Engagement.
Investment Overview
Imperial Beach is one of San Diego County’s most dynamic and rapidly improving coastal communities, offering a rare blend of beachfront living, strong tourism activity, and year-round outdoor recreation. Situated at the southernmost edge of the San Diego coastline, the city has undergone a meaningful revitalization over the past decade, driven by new hospitality development, enhanced public spaces, and improved coastal amenities. The area attracts a diverse mix of residents, visitors, military personnel, and outdoor enthusiasts, drawn to the city’s relaxed surf culture and direct access to some of the region’s most scenic natural environments. The city’s location provides immediate access to the Bayshore Bikeway, a renowned 24-mile trail network connecting Imperial Beach with Coronado, Downtown San Diego, and the Silver Strand waterfront corridor. This popular route brings cyclists, runners, and recreational visitors through the surrounding neighborhood daily, supporting steady activity for nearby commercial properties. Imperial Beach is also home to well-known attractions including the Imperial Beach Pier, the Tijuana River National Estuarine Research Reserve, and expansive surfing and bird-watching areas that attract both local and out-of-state visitors. Economic momentum continues to build through new hotel projects, modernized retail spaces, residential developments, and the growth of neighboring South Bay communities. Proximity to major military installations—including Naval Outlying Landing Field and Silver Strand Training Complex—adds an additional layer of employment stability and consumer demand. With excellent walkability, consistent tourism patterns, and a growing mix of restaurants, boutique shops, and coastal amenities, Imperial Beach stands out as a highly desirable San Diego submarket offering long-term investor appeal. The area’s unique blend of coastal charm, strong connectivity, and ongoing revitalization creates a compelling environment for commercial assets positioned within this thriving beachfront community.
Exclusively Listed By
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