320 Sycamore Ave - Freestanding FOR SALE


Vista, CA 92083
$4,250,000 USD
310-613-9007
320 Sycamore Ave, Vista, CA for Sale
$4,250,000 USD
Freestanding - FOR SALE
1/8
null | 6.24% Cap Rate

320 Sycamore Ave
Vista, CA 92083


HIGHLIGHTS

  • LEASEHOLD INVESTMENT
  • UPSIDE POTENTIAL
  • FREE STANDING PANDA EXPRESS DRIVE-THRU
  • PRIME LOCATION
  • NATIONAL TENANTS
  • EXCELLENT VISIBILITY

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$402 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

CROSS STREETS

Lobelia Dr

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

60

APN/PARCEL ID

217-030-71,217-031-29

ASK ABOUT THIS PROPERTY

Mark EssesCalifornia Realty GroupMore Info
310-613-9007

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Mark EssesCalifornia Realty GroupMore Info
310-613-9007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.