8915-8967 Carlton Hills Blvd Retail FOR SALE


Santee, CA
$17,414,000 USD
858-646-4749
, Santee, CA for Sale
$17,414,000 USD
Retail - FOR SALE
1/2
null | 6.5% Cap Rate

8915-8967 Carlton Hills Blvd
Santee, CA


HIGHLIGHTS

  • HIGH TRAFFIC SIGNALIZED CORNER
  • COMPELLING NEIGHBORHOOD RETAIL INVESTMENT
  • 100% OCCUPIED RETAIL ASSET

OVERVIEW

CBRE presents Carlton Hills Plaza, a 43,351 SF multi-tenant retail investment located at 8915-8967 Carlton Hills Blvd & 9312 Mission Gorge Road in Santee, CA. This neighborhood shopping center offers a compelling opportunity to acquire a stable, income-producing asset within the growing Santee community. Carlton Hills Plaza benefits from a prime location at the high-traffic intersection of Carlton Hills Boulevard and Mission Gorge, adjacent to a major retail corridor featuring prominent national retailers such as Kohl’s, Lowe’s, Walmart, and Costco. The center boasts a diverse and stable tenant mix, including long-term anchor GTM Discount Stores (since 1991) and popular daily-needs retailers and eateries like Mary’s Donuts (a local institution for 40 years), Marieta’s Mexican, Daboba, and The Chicken Shop. With 100% occupancy for the past three years and over 98% for the preceding five years, the plaza demonstrates consistent performance with strong NOI growth.

ASK ABOUT THIS PROPERTY

Michael PetersonCBRE, Inc.More Info
858-646-4749

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Michael PetersonCBRE, Inc.More Info
858-646-4749

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