Occupied by the Royal Hawaiian Restaurant & Bar and by AdamNeeley Fine Art Jewelry, the property totals 7,410 sf of buildingspace on a .39-acre lot, with an on-site parking lot with 34stalls. Jeff Conover, senior managing director with Faris LeeInvestments, has the listing.
Properties coming to market along the coast are rare, andConover points out that this one is on the seaside of Pacific CoastHighway in a high-profile location. He calls it "a secure andstable NNN-leased investment with below market rents in a populartrade area with very low vacancy."
Occupying 6,292 sf, the Royal Hawaiian is filled withtraditional Hawaiian and Polynesian décor, tropical fish andfountains. Adam Neeley Fine Art Jewelry has been a tenant of theremaining 1,118 sf on the north side of the restaurant since2006.
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