898 E Vista Way - For Sale
Listing was updated at: 04/24/2019
Property Overview
Price/Rent PSF $ 3,000,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 7,081
Date Available 01/23/2019
Space 1 Stanton Optical: ± 3,186 SF
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Introduction: Flocke & Avoyer Commercial Real Estate, as exclusive agent, is pleased to offer for sale a ±7,081 SF newly re-constructed freestanding building retail investment. The property is occupied by Stanton Optical, with one vacancy, and is located on a highly visible hard corner along heavily-trafficked Vista Village Drive. Offering Highlights: - Price: $3,000,000 - APN: 176-011-14-00 - Land Size: 0.46 AC - Building Area: ±7,081 SF - Tenants: Stanton Optical: ± 3,186 SF - Annual Income: $181,992 - Rent Increases: 2% annual increases - Stanton Optical - Options to Renew: Three (3) Five (5) year options - Lease Expiration: Stanton Optical - Expires 2027 Offering Overview: Single tenant in two-tenant net leased building along primary retail corridor in North San Diego County. Newly renovated building completed in 2018. New lease with Stanton Optical. - National credit tenant. - Corporate guarantee in place. - Emerging leader in retail optical field. - 40+ locations. This site offers excellent exposure and convenient access to both East Vista Way and Vale Terrace Drive. East Vista Way & Vale Terrace Drive:±42,700 ADT.