California Realty Group, as exclusive advisor, is pleased to present the opportunity to acquire SYCAMORE TERRACE, a Leasehold Investment with upside potential. This high-profile commercial retail shopping center is located at 320 Sycamore Avenue, Vista, CA. There are two buildings totaling 19,008 sf. Panda Express occupies a free standing 2,448 square foot building with a drive-through. The remaining tenant roster includes Submarina, Chito’s Taco Shop, Pacific Dental and US Army. There are two vacancies which provide future potential upside. The tenants are all on NNN leases with exception to the US Army, (8%).
The property is situated on the highly trafficked area of Sycamore Avenue & Lobelia Drive / University Drive. The property is adjacent to LA Fitness and across from North County Square which includes Target, Walmart, Aldi and many others. The property is surrounded by a multitude of national and regional retail shops, a mixture of industrial, office services, restaurants, and amenities. This site’s location shows household incomes averaging $114,864 in a 3 mile radius. The property is also conveniently positioned within close proximity to the 78, 5, 91 and 15 freeways.