In Wake Of Laguna Drug's Closure, City Has No New Tenant Lined Up

LAGUNA BEACH, CA -- Laguna Drug has closed up shop, but there are apparently no other businesses lining up to fill the 14,000-plus square foot space, city officials have confirmed.

According to an article in the Laguna Beach Independent, the newspaper checked with the city's Community Development Dept. and found that there's been no potential new tenant identified for the 14,378-square-foot Broadway Street storefront.

“There are no applications submitted, nor have I heard any request for pending submittals,” Planning Manager Scott Drapkin was quoted by the Independent as saying.

After 15 years in business in Laguna Beach, family-owned Laguna Drug closed it's doors for good on Saturday, June 8.

A big part of the reason why it's being shuttered, owner Cyndi Olsen told the Daily Pilot newspaper, was that the store was limited in what goods and services it could offer customers because of the now-outdated lease that it first opened under in 2004.

The lease, she said, did not allow for more health and beauty products, which led to the store not being able to attract a wider customer base, and therefore lose money.

The lease, she said, did not allow for more health and beauty products, which led to the store not being able to attract a wider customer base, and therefore lose money.

Olsen and her family plan at least another week liquidating merchandise and cleaning up the building to prepare it for the landlord. The family will continue running two other drug stores, both located in Newport Beach.