Investment Overview

Marcus & Millichap has been engaged to exclusively market a value add outparcel pad within a Grocery Outlet and Hobby Lobby anchored neighborhood center. Positioned along College Boulevard a major north-south arterial connecting Highway 76 and SR 78, the asset offers strong visibility, convenient access, and an estimated ±45,000 vehicles per day. The property sits steps from a dense lineup of national retailers including Walmart, Chick fil A, Kohl’s, Albertsons, T.J. Maxx, The Home Depot, and Mossy Nissan & Infiniti driving steady traffic and cross shopping. It is also proximate to key community anchors such as MiraCosta College, Tri City Medical Center, and numerous K–12 schools, supported by both established and new housing communities. Within a five mile radius, the trade area includes 305,000+ residents with average household incomes exceeding $113,000, underscoring the strength of this Oceanside corridor and the opportunity to capitalize on durable market fundamentals. The building features an extensive dental office build out with a 30+ year operating history. FF&E and intellectual property are available separately, creating a turnkey solution for a new user. Currently configured for two tenants with flexibility for a three tenant layout the building provides strong versatility and a compelling value add opportunity through immediate lease up and mark to market of more than 50% of the GLA. With a premier location, robust demographics, and proximity to high performing regional demand drivers, this outparcel pad represents a compelling opportunity in one of San Diego’s most dynamic submarkets.