--Rare Southern California Shopping Center | Prime Infill Location on a Major Commercial Corridor with High Barriers to Entry
--Signalized, Corner Location at the Intersection of N. Santa Fe Avenue and W. Bobier Drive (Traffic Counts Exceed 40,100 Cars Per Day)
--The City of Vista is Undergoing Rapid Development and Growth | Centrally Located Between San Diego, Orange County, and the Inland Empire
--Prime Retail Location with Long-Term Stability--
-Staggered Lease Expirations and Built-In Annual Increases Ensure Consistent and Growing Cash Flow
-Proven Tenant Commitment – 63% of the Gross Leasable Area Has Been Occupied by Long-Term Tenants for 15+ Years (42% for 20+ Years)
-Immediate Freeway Access – Just 2 Miles from CA Route 78, Providing Quick Connectivity to Interstate 5 and 15 Freeways Serving San Diego, Orange County, and the Inland Empire
--Strong Real Estate Fundamentals in a Growing Market--
-The Subject Property is Adjacent to McDonald’s (NAP), Which Drives Additional Traffic to This Corner of the Intersection | Strong Credit Tenant Presence – Surrounded by Stater Bros., CVS, AutoZone, and More
-Excellent Demographics – Population Exceeds 239,000 Residents and Average Household Income Exceeds $124,000 Within Five Miles
-Strategic Vista Location Undergoing Transformation – the Area is Experiencing Rapid Redevelopment and Residential Growth, Including:
- Persea Luxury Apartments, (305 Units Constructed in 2021), Located Less Than 1/2 Mile from the Subject Property
- Major Redevelopment Underway at Bobier Elementary, Enhancing Community Appeal and Foot Traffic
- Over 100 New Residential Units Are Being Developed Within a One-Mile Radius, Supporting Long-Term Consumer Demand
Broker of Record:
Tony Solomon – License: CA 01238010