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13616 Poway RdPoway, CA 92064
California Coast Credit Union & Pacific Dental
Asset ClassRetail
MSASan Diego
% Leased: 100%Access Data Room
California Coast Credit Union & Pacific Dental | Anchored by Trader Joe’s | Prime Signalized Hard Corner | High-income Market
overview of deal

Overview

Marcus & Millichap is pleased to present for sale a premier 100-percent occupied multi-tenant investment opportunity in Poway, CA. This offering is located on one of the most desirable signalized hard corners in Poway with 52,273 combined vehicles per day and enjoys co-tenancy with Trader Joe’s and other national retailers.

 

The combination of exceptional visibility, accessibility, and strong synergy has created a rare appeal that makes the subject property a regional shopping destination.

 

The subject property includes a 5,999 square-foot building which is fully occupied on triple-net leases by two tenants; California Coast Credit Union and Pacific Dental Services. These tenants have successfully operated at this location since the early 2000’s, showing their commitment to the site and desirability of this site.

 

Poway, home to over 50,000 residents within a 3-mile radius, offers a thriving community with an average household income exceeding $120,000. Known for its highly educated population, top-rated schools, and proximity to San Diego’s employment hubs, the area attracts families and professionals seeking a blend of suburban living and urban convenience. This property’s versatile spaces, free of restrictive use limitations, ensure long-term leasing stability and strong investment potential in a sought-after market.

 

Offered at $5,055,620 and a current 5.25% Cap Rate, this property this property presents an investor with the ability to purchase a low-risk, pride of ownership asset in a phenomenal location.

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Investment Highlights

  • Highly Desirable Co-Tenancy
  • Versatile Tenant Potential
  • Prime Signalized Hard Corner Location
  • Charming Poway Living: A Thriving Community

INVESTMENT OVERVIEW

OFFERING DETAILS
PRICE
$5,055,620
CAP RATE
5.25%
LEASE TYPE
NNN
NOI
$265,420
GLA
5,999 SF
LOT SIZE
0.51 AC
YEAR BUILT
1977
OCCUPANCY
100%
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13616 Poway RdPoway, CA 92064

INVESTMENT TEAM

Bret NicholsonSenior Associate

License #: NV: S.0183859

(775) 348-5234bret.nicholson@marcusmillichap.com
Tony SolomonBroker of Record

License #: # 01238010

tony.solomon@marcusmillichap.com
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Listing provided by Revere CRE