709 Center DrSan Marcos, CA 92069

Property Details for 709 Center Dr

Year built

1995

Lot size

0.79 AC

Property size (Sq ft)

9,630 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Strip malls

APN

226-111-68-00

APU

2261116800

Description

This exceptional retail space, part of the 512,682 square foot Nordahl Marketplace, presents a unique investment opportunity in San Marcos, California. Located at 709 Center Dr, 92069, this power center boasts a strong anchor tenant lineup including Walmart, Kohl's, and Guitar Center, ensuring high foot traffic and visibility. The property offers convenient access to major transportation arteries, including Highway 78 and I-15, maximizing exposure to a broad customer base. The available space totals 2,944 square feet, ideal for a variety of retail uses. Nordahl Marketplace strategically serves the thriving communities of both San Marcos and Escondido, benefiting from a dense residential population. The property's prime location is further enhanced by its immediate adjacency to a newly remodeled Costco, creating a synergistic retail environment and attracting significant consumer traffic. This is a rare chance to secure a space within a well-established, high-performing retail center in a rapidly growing area of San Diego County. The property's size and location make it an attractive option for businesses seeking strong visibility and access to a large consumer market. Don't miss this opportunity to establish your business in a premier San Diego County location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,149,363

  6.5%

  $2,907,104

  7%

  $2,699,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,995,571

  Geo Method

  $8,541,467

• Alternative Use

  Use

  Valuation

  Residential

  $2,452,252

  Hospitality

  $2,246,249

  Educational

  $1,868,853

  Medical

  $1,933,126

  Retail

  $2,907,104

Location Insight

City

San Marcos

County

San Diego

State

California

Latitude

33.1334

Longitude

-117.123

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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