28925 Pacific Coast Hwy, Malibu, CA 90265

Fantastic Malibu Location

• Prime signalized corner location in prestigious Malibu, CA
  
  

• Located proximate to some of the most popular destination beaches in the world
  
  

• Located close to amenities including multiple shopping destinations including the Malibu Country Mart, Malibu Farmers Market, Malibu Pier, and Malibu Colony Plaza
  
  

• The beaches, state parks, and shopping destinations have been known to bring in over 7.4 million visitors during it’s busy Summer season

Excellent Opportunity for an Investor or Owner-User

• The property is 33% vacant, allowing the opportunity for an investor to create immediate upside through stabilization
  
  

• An owner-user would have the ability to occupy either retail and or office space within the building
  
  

• Ideal unit sizes averaging 765 square feet
  
  

• Small units are easily leasable with minimal tenant improvement costs between tenants

Strong Demographics

• Average household income is over $178,000 within two miles of the property
  
  

• The median home value within 2 miles of the property is over $1,070,000
  
  

• The population within 5 miles of the property is over 11,500, with over 3,800 households
  
  

• Malibu is known as a premier tourist destination, which brings an estimated 13 million visitors annually

Sub-Market Saturated with Retail Amenities & Tourist Attractions

• Walking distance from Pavilions, Starbucks, Sunlife Organics, and Subway
  
  

• Located approximately 5.6 miles from Pepperdine University, an 830 acre college campus home to over 3,500 undergraduate students
  
  

• Located near several popular shopping destinations
  
  

• Home to several state parks and beaches such as Point Dume Beach, Zuma Beach, El Matador, Surfrider Beach, Malibu Creek State Park, and Point Mugu State Park