Page 12 - Solana101_OfferingMemorandum_GSP
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MARKET




            OVERVIEW                                                      13.4K                              DISTANCES TO


                                                                          Population
                                                                                                              MILE
                                                                          (CITYWIDE)                          0.1   Cedros Avenue Design District
                                                                                                              0.3   Fletcher Cove
                                                                                                              MILE

                                                                                                              0.3   Belly Up Tavern
                                                                                                             MILES
                                                                                                              0.4
            SOLANA BEACH                                                  2.47%                              MILES  Solana Beach Station

            Perched atop the bluffs overlooking the Pacific               Population                          0.8   Del Mar Race Fairgrounds
            Ocean, Solana Beach is an idyllic coastal community           Growth                             MILES
            in San Diego’s North County region. The city                  (5-YEAR FORECAST)                   2.0   Del Mar
            stretches along Historic Highway 101, bounded by                                                 MILES
            Encinitas to the north and Del Mar to the south.                                                  3.5   Encinitas
            Just inland from the coast is the beloved Cedros                                                 MILES
                                                                                                              4.0
            Design District, a two-and-a-half-block enclave of                                               MILES  Torrey Pines
            more than 85 unique shops, galleries, boutiques,              $111.6K
                                                                                                              7.5
            and restaurants anchored by the Solana Beach                  Median HH                          MILES  UC San Diego
            station of Amtrak’s Pacific Surfliner route. Its              Income
            premier beaches, walkable neighborhood amenities,                                                10.0   Westfield UTC
                                                                                                             MILES
            freeway accessibility, and strong employment base             (1-MILE RADIUS)
            make Solana Beach one of the most highly sought-                                                 17.5   University of San Diego
                                                                                                             MILES
            after submarkets in Southern California.
                                                                                                             22.0   San Diego State University
                                                                                                             MILES
                                                                          $1.1MM                             22.0   Downtown San Diego


                                                                          Median Home                        MILES
                                                                          Value

                  12 | SOLANA 101                                         (1-MILE RADIUS)
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