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Shopping Neighborhood

Santa Fe Crossroads | Rare SoCal Shopping Center

1450 N Santa Fe Ave, Vista, CA 92083

Listing Price: $8,975,000

Cap Rate
6.05%
Gross SF
19,730
Rentable SF
19,730
Price/Gross SF
$454.89
Lot Size
1.65 acres
Year Built
1987

Investment Overview

--Prime Retail Location with Long-Term Stability--

-Staggered Lease Expirations and Built-In Annual Increases Ensure Consistent and Growing Cash Flow

-Proven Tenant Commitment – 63% of the Gross Leasable Area Has Been Occupied by Long-Term Tenants for 15+ Years (42% for 20+ Years)

-Immediate Freeway Access – Just 2 Miles from CA Route 78, Providing Quick Connectivity to Interstate 5 and 15 Freeways Serving San Diego, Orange County, and the Inland Empire

--Strong Real Estate Fundamentals in a Growing Market--

-The Subject Property is Adjacent to McDonald’s (NAP), Which Drives Additional Traffic to This Corner of the Intersection | Strong Credit Tenant Presence – Surrounded by Stater Bros., CVS, AutoZone, and More

-Excellent Demographics – Population Exceeds 239,000 Residents and Average Household Income Exceeds $124,000 Within Five Miles

-Strategic Vista Location Undergoing Transformation – the Area is Experiencing Rapid Redevelopment and Residential Growth, Including:

-Persea Luxury Apartments, (305 Units Constructed in 2021), Located Less Than 1/2 Mile from the Subject Property
-Major Redevelopment Underway at Bobier Elementary, Enhancing Community Appeal and Foot Traffic
-Over 100 New Residential Units Are Being Developed Within a One-Mile Radius, Supporting Long-Term Consumer Demand

Investment Highlights

  • Rare Southern California Shopping Center | Prime Infill Location on a Major Commercial Corridor with High Barriers to Entry
  • Signalized, Corner Location at the Intersection of N. Santa Fe Avenue and W. Bobier Drive (Traffic Counts Exceed 40,100 Cars Per Day)
  • The City of Vista is Undergoing Rapid Development and Growth | Centrally Located Between San Diego, Orange County, and the Inland Empire

Exclusively Listed By

Financing By

Shopping Neighborhood

Santa Fe Crossroads | Rare SoCal Shopping Center

Listing Price: $8,975,000

Cap Rate
6.05%
Gross SF
19,730
Rentable SF
19,730
Price/Gross SF
$454.89
Lot Size
1.65 acres
Year Built
1987

Investment Highlights

  • Rare Southern California Shopping Center | Prime Infill Location on a Major Commercial Corridor with High Barriers to Entry
  • Signalized, Corner Location at the Intersection of N. Santa Fe Avenue and W. Bobier Drive (Traffic Counts Exceed 40,100 Cars Per Day)
  • The City of Vista is Undergoing Rapid Development and Growth | Centrally Located Between San Diego, Orange County, and the Inland Empire

Investment Overview

--Prime Retail Location with Long-Term Stability-- -Staggered Lease Expirations and Built-In Annual Increases Ensure Consistent and Growing Cash Flow -Proven Tenant Commitment – 63% of the Gross Leasable Area Has Been Occupied by Long-Term Tenants for 15+ Years (42% for 20+ Years) -Immediate Freeway Access – Just 2 Miles from CA Route 78, Providing Quick Connectivity to Interstate 5 and 15 Freeways Serving San Diego, Orange County, and the Inland Empire --Strong Real Estate Fundamentals in a Growing Market-- -The Subject Property is Adjacent to McDonald’s (NAP), Which Drives Additional Traffic to This Corner of the Intersection | Strong Credit Tenant Presence – Surrounded by Stater Bros., CVS, AutoZone, and More -Excellent Demographics – Population Exceeds 239,000 Residents and Average Household Income Exceeds $124,000 Within Five Miles -Strategic Vista Location Undergoing Transformation – the Area is Experiencing Rapid Redevelopment and Residential Growth, Including: -Persea Luxury Apartments, (305 Units Constructed in 2021), Located Less Than 1/2 Mile from the Subject Property -Major Redevelopment Underway at Bobier Elementary, Enhancing Community Appeal and Foot Traffic -Over 100 New Residential Units Are Being Developed Within a One-Mile Radius, Supporting Long-Term Consumer Demand

Exclusively Listed By

Financing By

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