Flocke & Avoyer Commercial Real Estate is proud to exclusively present this rare investment opportunity coming to market for the first time in 40 years, a rare seasoned San Diego retail investment opportunity.
This 100% leased, established multi-tenant retail center spans ±3.94 acres with ±43,351 square feet of prime retail space. Strategically positioned at Mission Gorge Road (the primary east/west traffic corridor in Santee) and Carlton Hills Boulevard in Santee, CA, the property benefits from high visibility, strong traffic counts, and a thriving mix of daily-needs retailers and dining establishments. It has maintained 100% occupancy for the past three years; before that, it was at or very close to that mark. It has exhibited its desirability in the marketplace for various retail, restaurant, and service users.
Anchored by the regionally recognized GTM Store, a very busy value-oriented retailer, started by two ex-Costco executives (and itself a 35-year occupant of the property), the center attracts consistent traffic, due to its strategic and high visibility location at the hard corner of Mission Gorge Road and Carlton Hills Boulevard. With Marieta’s Mexican Restaurant and the unusually successful Mary’s Donuts, it is truly a staple for local shoppers. Carlton Hills Plaza also benefits significantly from its proximity to key national and regional anchors and a growing consumer base. Carlton Hills Plaza represents a compelling, proven, and reliable investment opportunity on one of San Diego County’s most vibrant retail corridors.