For Sale
$4,490,000

960 Santa Fe Ave Vista, CA 92084

High-traffic storefront, 28,500 SF, excellent condition.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 28,500-square-foot retail storefront, located at 960 S Santa Fe Ave, Vista, CA 92084, presents a compelling investment opportunity. Situated on a 2.27-acre lot within a thriving shopping center, this property boasts a prime location at a busy intersection, ensuring high visibility and substantial foot traffic. Built in 1977 and extensively renovated in 2005, the building is in excellent condition, minimizing the need for immediate capital improvements. The single-story structure features a 23-foot ceiling height, creating spacious and versatile interior space. Ample shared parking is readily available for customers and employees. Currently operating at 100% occupancy, the property is zoned C-2, Vista, allowing for a wide range of business uses. The asking price is $4,490,000, representing a compelling value based on comparable properties. This triple net (NNN) lease maximizes investment potential with minimal management responsibilities. The property's strategic location, coupled with its size and condition, makes it an ideal acquisition for both investors seeking strong returns and businesses looking to establish a prominent presence in a high-demand area of San Diego County. This is an individual ownership property with APN 179-080-46. The property's proximity to major highways and surrounding amenities further enhances its appeal.

Highlights

  • $4,499,000 asking price; $157/SF, below market value.
  • 28,500 SF building.
  • 2.27-acre lot.
  • 5.5% cap rate.
  • Prime location at a high-traffic intersection in a busy shopping center.
  • C-2 zoning allows for diverse business uses.

Property Details for 960 Santa Fe Ave

Property type
Retail properties, Retail space
Square Feet
28,500 SF
Year Built/Renovated
1977/2005
Buildings
1
Stories
1
Lot Size (sq. ft)
98,881 SF
Units
1

Location Insight

City
Vista
County
San Diego
State
California
Latitude
33.1937928
Longitude
-117.2317105

FAQs

What type of property is this?
Retail property - High-traffic storefront, 28,500 SF, excellent condition.
Where is the retail property located?
The property is located at 960 Santa Fe Ave Vista, CA.
What is the asking price?
The asking price for this property is $4,490,000.
What are key features of this property?
This property features: $4,499,000 asking price; $157/SF, below market value.; 28,500 SF building.; 2.27-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
960 Santa Fe Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message