Newmark Pacific Retail Capital Markets is pleased to present the once in a generation opportunity to acquire

Encinitas Village Square, a premier retail center located in northern San Diego County’s most coveted retail sub

market, Encinitas, California.

Encinitas Village Square enjoys a highly visible and accessible location with 292 square feet of frontage along

Encinitas Boulevard (28,000 VPD) at Village Square Drive. The site sits less than three miles from the Pacific Ocean

coastline and serves one of the most desirable trade areas in Southern California. Within a three-mile radius, the population approaches 76,000 residents with an average household income exceeding $232,500 and home values of $1.55MM —among the strongest demographics in the county.

Encinitas Village Square was built in 1975 and fully renovated in 2016. The property is 99% leased to a diverse, curated mix of national and regional service-oriented tenants, including California Pizza Kitchen, Luna Grill, The Habit Burger Grill, and Peet’s Coffee. The center benefits from a synergistic co-location with Encinitas Village Town Center, the areas dominant grocery and drug-anchored shopping center, featuring a high volume Trader Joe’s, Ralphs, CVS, Athleta, and The Gap.

The combination of coastal barriers to entry, tenant build-out and demand for necessity based retail make this asset

uniquely positioned as a generational hold for long term value creation.