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Shopping Strip

Vista Terrace Marketplace - Verizon & La Michoacana - NNN Investment

1260 E Vista Way, Vista, CA 92084

Listing Price: $3,137,000

Cap Rate
4.56%
Gross SF
23,958
Rentable SF
3,520
Price/Gross SF
$130.94
Lot Size
0.55 acres
Year Built
1972

Investment Overview

Prime Retail Location Other Outparcels (NAP) Include O’Reilly Auto Parts and Verizon/La Michoacana, Creating Excellent Tenant Synergy and Cross Traffic to the Subject Property Dunkin’ Donuts Features a Drive-Thru Component to Accommodate Additional Order Volume Vista Terrace Marketplace is a Recently Renovated 78,000+ SF Shopping Center Anchored by Anytime Fitness, Sport Clips, and Jersey Mike’s – Other Nearby Credit Tenants Include Sprouts Farmers Market, Northgate Market, Albertson’s Rite Aid, Starbucks, and Many More Strong Residential Presence in Surrounding Area – The Subject Property is Surrounded by a Number of Single Family Homes and Multifamily Properties – The Subject Property is Located in the Direct Path to Highway 78, a Main Highway that Connects Vista to Other Parts of San Diego County The City of Vista is Undergoing a Major Revitalization with Several New Construction and Redevelopment Projects Currently Underway – Vista’s Leadership has Invested Heavily in Future Growth to Take Advantage of the Recent Boom in San Diego County Strong Real Estate Fundamentals Internet Resistant Tenants – Both Dunkin’ Donuts and AT&T are Drivers of Strong Daily Traffic to the Subject Property Dense, Infill Area – Population Counts Exceed 221,000 Within a Five Mile Radius | Strong Average Household Income of $102,444 Within Five Miles Close Proximity to The Peak, a 124 Unit Luxury Townhome Development that was Just Completed by Lennar Multiple Points of Ingress and Egress on both E. Vista Way and E. Bobier Drive San Diego MSA is Home to Over 1,300,000 Employees Across a Wide Variety of Industries Including Biotechnology, Defense Development, Sustainable Entergy, and Electronics Manufacturing

Investment Highlights

  • Easy to Own Two Tenant NNN Investment
  • Adjacent to Newly Constructed Sprouts Farmers Market | Outparcel to the Recently Renovated Vista Terrace Marketplace | High Quality 2018/2019 Construction
  • Highly Visible Location at the Signalized Corner of E. Vista Way and E. Bobier Drive – Traffic Counts Exceed 45,000 Cars Per Day

Exclusively Listed By

Shopping Strip

Vista Terrace Marketplace - Verizon & La Michoacana - NNN Investment

Listing Price: $3,137,000

Cap Rate
4.56%
Gross SF
23,958
Rentable SF
3,520
Price/Gross SF
$130.94
Lot Size
0.55 acres
Year Built
1972

Investment Highlights

  • Easy to Own Two Tenant NNN Investment
  • Adjacent to Newly Constructed Sprouts Farmers Market | Outparcel to the Recently Renovated Vista Terrace Marketplace | High Quality 2018/2019 Construction
  • Highly Visible Location at the Signalized Corner of E. Vista Way and E. Bobier Drive – Traffic Counts Exceed 45,000 Cars Per Day

Investment Overview

Prime Retail Location Other Outparcels (NAP) Include O’Reilly Auto Parts and Verizon/La Michoacana, Creating Excellent Tenant Synergy and Cross Traffic to the Subject Property Dunkin’ Donuts Features a Drive-Thru Component to Accommodate Additional Order Volume Vista Terrace Marketplace is a Recently Renovated 78,000+ SF Shopping Center Anchored by Anytime Fitness, Sport Clips, and Jersey Mike’s – Other Nearby Credit Tenants Include Sprouts Farmers Market, Northgate Market, Albertson’s Rite Aid, Starbucks, and Many More Strong Residential Presence in Surrounding Area – The Subject Property is Surrounded by a Number of Single Family Homes and Multifamily Properties – The Subject Property is Located in the Direct Path to Highway 78, a Main Highway that Connects Vista to Other Parts of San Diego County The City of Vista is Undergoing a Major Revitalization with Several New Construction and Redevelopment Projects Currently Underway – Vista’s Leadership has Invested Heavily in Future Growth to Take Advantage of the Recent Boom in San Diego County Strong Real Estate Fundamentals Internet Resistant Tenants – Both Dunkin’ Donuts and AT&T are Drivers of Strong Daily Traffic to the Subject Property Dense, Infill Area – Population Counts Exceed 221,000 Within a Five Mile Radius | Strong Average Household Income of $102,444 Within Five Miles Close Proximity to The Peak, a 124 Unit Luxury Townhome Development that was Just Completed by Lennar Multiple Points of Ingress and Egress on both E. Vista Way and E. Bobier Drive San Diego MSA is Home to Over 1,300,000 Employees Across a Wide Variety of Industries Including Biotechnology, Defense Development, Sustainable Entergy, and Electronics Manufacturing

Exclusively Listed By

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