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28925 Pacific Coast Hwy 7,954 SF 100% Leased Retail Building Malibu, CA 90265 $6,843,650 CAD ($860.40 CAD/SF)

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Executive Summary

Situated along one of California’s most iconic stretches of coastline, 28925 Pacific Coast Highway offers an exceptional opportunity in the heart of Malibu—one of Southern California’s most affluent and in-demand markets. Surrounded by top dining and lifestyle destinations including Paradise Cove, Geoffrey’s, Zuma Beach, Spruzzo, and Point Dume Village anchored by Pavilions, Starbucks, Sunlife Organics, and Lily’s, the location captures steady traffic from residents, visitors, and Pepperdine University’s student base. With powerful demographics, high consumer spending, and extremely limited supply of quality commercial space, this is a rare chance to secure a premier position on PCH in Malibu.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

7,954 SF

Building Class

Year Built

1980

Price

$6,843,650 CAD

Price Per SF

$860.40 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.43

Lot Size

0.42 AC

Zoning

LCCPD* - Commercial Planned Development

Parking

30 Spaces (3.77 Spaces per 1,000 SF Leased)

Restaurant

Signalized Intersection

Monument Signage

Finance and Insurance
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Farmers Insurance traces its roots back to 1928 when it was established in Los Angeles, California, by John C. Tyler and Thomas E. Leavey. The company was created to offer vehicle insurance to farmers and ranchers who had lower accident rates than city dwellers. Over the decades, Farmers Insurance expanded its services to include homeowners, renters, and business insurance. The company operates through exclusive and independent agents across the United States. Farmers Insurance is a wholly owned subsidiary of Zurich Insurance Group, a Swiss-based insurance provider. It has maintained a strong presence in the insurance market for many years.