For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street)...
Transcript of For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street)...
127 main street
127main street
Located in the heart of Historic Downtown Vista!
vista, ca 92084
For Sale! 2,125 SF Retail/Office BuildingOwner User or Investor Opportunity
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table of contentsIsaac [email protected] #01702879
Rusty Williams, [email protected] #01390702
Marko [email protected] #01773106
Chris Roth, [email protected] #01789067
Executive Summary
Property Highlights
Premises Overview
Floor Plan
Aerial Pictures
Location Map
Downtown Vista Map
Area Demographics
Contacts
Lee & Associates Commercial Real Estate Services, Inc. - NSDC 1900 Wright Place, Suite 200, Carlsbad, CA 92008 P: (760) 929-9700 | F: (760) 929-9977
127 Main Street
executive summary
LONG TERM UPSIDE & OPPORTUNITY
SNAPSHOT
127 Main Street is an exceptional opportunity for an owner user or investor to purchase a 2,125 square foot highly functional asset located on the busiest thoroughfare in Historic Downtown Vista. The property sits directly across the street from Vista’s largest and newest mixed-use project (100 Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled for completion in 4th quarter of 2020 making this prime area to invest in Real Estate. In addition, 127 Main Street is located with the City of Vista Opportunity Zone which incentivizes investment into business, business assets and properties located within this specified zone.
• Located within a revitalized downtown area with major nearby mixed use, multifamily and retail projects underway
• Brand new road, infrastructure and streetscape completed along Paseo Santa Fe corridor
• Existing floor plan will accommodate retail & office related uses
• Flexible Mixed-use Zoning
• Located within the City of Vista Opportuniy Zone (Click here for details)
• Property is in excellent condition with recent upgrades completed
• Affordable price point for owner users and investors
• Irreplaceable location with tremendous upside
2,125Rentable Building Square Feet
3,485Lot Square Feet
Opportunity ZoneLocation
Mixed Use Zoning
Excellent TurnkeyCondition
$750,000Purchase Price
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investment highlights
05 *Call brokers to schedule tour
Path of Development: • Located directly across the street from 100 Main Street - 5 story brand
new mixed use project • 126 luxury apartments with a second floor outdoor pool and lounge area
which faces 127 Main Street. • 14,000 square feet of retail and restaurant space situated below the
luxury apartments - Suite sizes ranging from 970 to 3,850 square feet.
Turnkey Condition: • Property is in turnkey condition ready for immediate occupancy • Property is currently owned and operated by the Vista Chamber of
Commerce
Highly Trafficked Area:• Significant daytime and nighttime foot traffic with 35,000 households
within a 3 mile radius. • Main Street- 6,000 CPD, S. Santa Fe- 16,000 CPD, Vista Village – 24,000
CPD• Foot traffic to increase upon completion of new developments
Multiuse Facility: • Open floor plan could work well for retail, office and restaurant uses • Property has access from Main Street in back alleyway to allow deliveries • Rear parking area to accommodate two (2) spaces and plenty of street
parking
Irreplaceable Location: • Location on the most highly desired street in the historic downtown Vista • Quick access to major freeways and thoroughfare• Significant capital invested in the immediate vicinity
127 Main Street
premises overviewSTREET ADDRESS: 127 Main Street
CITY: Vista, CA 92084
APN #: 175-279-13
OPPORTUNITY ZONE: Located with the City of Vista Opportunity Zone
TENANCY TYPE: Single Tenant
RENTABLE BUILDING SQUARE FEET: 2,125 Square Feet
LOT SIZE: 3,485 Square Feet
CONDITION: Turnkey Condition
ZONING: Downtown Specific Plan – Allows
for Retail, Office, Restaurant, Mixed Use, etc.
ONSITE PARKING: Two (2) On-site Stalls
RESTROOMS: Two (2) Individual Restrooms
YEAR BUILT/RENOVATED: 1954/2014
PURCHASE PRICE: $750,000
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09 127 main street
127 Main Street
Features:
ENTRY: Glass store front with Entry from Main Street
CEILINGS: Dropped ceiling grid system with lighting throughout
LIGHTING: Solatube lighting system install throughout reducing energy costs
FLOORING: Mixture of custom tile andcarpet throughout
RECEPTION/SHOWROOM:
Large open front reception/office area or retail showroom
CONFERENCE MEETING ROOM:
Approx. 500 SF conference/meeting room
BACK OFFICE AREA: Back office area with one private office and employee lounge area
RESTROOMS Two (2) single stall restroom (one of which is ADA compliant)
REAR ENTRY: Rear entry door to back of property
*Space can easily be opened up to provide for retail and restaurant uses.
floor plan
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Reception/Showroom
MAIN STREET
Conference/Meeting Room
Office
RR
RR
Reception/Showroom Area
Conference/Meeting Room
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S. SANTA FE AVE
S. SANTA FE AVE
MAIN STREET
MAIN STREET
aerial mapS. SANTA FE AVE
MAIN STREET
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location map
McClellan Palomar McClellan Palomar AirportAirport Lake Lake
San MarcosSan Marcos
CARLSBADCARLSBAD
OCEANSIDEOCEANSIDE
VISTAVISTA
5
578
CALIFORNIA
76CALIFORNIA
17SAN MARCOSSAN MARCOS
ESCONDIDOESCONDIDO
15
78CALIFORNIA
DISTANCE TO...
Hwy-78.45 mi
I-56.42 mi
Los Angeles82.48 mi
I-156.54 mi
San Diego33.42 mi
Riverside53.28 mi
Pacific Ocean7.1 mi
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downtown vista map
78CALIFORNIA
78CALIFORNIA
PASEO POINTEPASEO POINTE
100 MAIN STREET100 MAIN STREETVISTA VILLAGE CREEKSIDEVISTA VILLAGE CREEKSIDE
69 Residential Units + 6k Retail SF 69 Residential Units + 6k Retail SF
Vista Village CreeksideCity of Vista Planning Commission
September 6, 2016
1
126 Residential Units + 15k Retail SF126 Residential Units + 15k Retail SFProposed 41 Residential UnitsProposed 41 Residential Units
Vista Village DrVista Village Dr
W. Vista WayW. Vista Way
S. S
anta
Fe
Ave
S. S
anta
Fe
Ave
19Civic CenterCivic Center
Vista Magnet Vista Magnet Middle SchoolMiddle School
NORTH SANTA FE APARTMENTSNORTH SANTA FE APARTMENTS
68 Residential Units68 Residential Units
Vista Village DrVista Village Dr
E Vista WayE Vista Way
127 Main Street
area demographics
30,862
$73,629 9,601
140,086
$92,712 34,222
247,769
$96,586 99,073
2019
POPULATION
ESTIMATED AVERAGE HOUSEHOLD INCOME DAYTIME POPULATION
1 MILE
1 MILE 1 MILE
3 MILE
3 MILE 3 MILE
5 MILE
5 MILE 5 MILE
SOURCE: SitesUSA
VistaVista is a city in Southern California and is located in northwestern San Diego County. Vista is a medium-sized city within the San Diego Metropolitan Area and has a population of 101,659. Vista’s sphere of influence also includes portions of unincorporated San Diego County to north and east, with a county island in the central west. Located just seven miles inland from the Pacific Ocean, it has a Mediterranean climate. Residents enjoy a wide range of year-round outdoor activities in a setting of gentle rolling hills and pleasant rural surroundings.
The City handles sewer utilities and contracts with Vista Irrigation District for its water services. The City operates its own Fire Department and contracts with the San Diego Sheriff’s Department for law enforcement services.
Vista has more than 25 educational institutions for youth, and a business park home to over 800 companies. Vista is ranked as the 173rd-best place in California out of 240 for families, based on factors such as family life, recreational opportunities, education, health, safety, and affordability in a 2015 review.
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No warranty or representation is made to the accuracy of the foregoing transaction. Terms of sale or lease and availability are subject to change or withdraw without notice.
Lee & Associates Commercial Real Estate Services, Inc. - NSDC | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | P: (760) 929-9700 | F: (760) 929-9977
Isaac [email protected]
760.929.7862CalBRE #01702879
Rusty Williams, [email protected]
760.448.2453CalBRE #01390702
Marko [email protected]
760.929.7839CalBRE #01773106
Chris Roth, [email protected]
760.448.2448CalBRE #01789067