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127 main street 127 main street Located in the heart of Historic Downtown Vista! vista, ca 92084 For Sale! 2,125 SF Retail/Office Building Owner User or Investor Opportunity

For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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Page 1: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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

Page 2: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street01

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

Page 3: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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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Page 4: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street

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

Page 5: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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

127 main street07

Page 6: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

09 127 main street

127 Main Street

Page 7: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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

127 main street11

Reception/Showroom

MAIN STREET

Conference/Meeting Room

Office

RR

RR

Reception/Showroom Area

Conference/Meeting Room

127 Main Street

Page 8: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street12

127 Main Street

127 Main Street

127 Main Street

S. SANTA FE AVE

S. SANTA FE AVE

MAIN STREET

MAIN STREET

Page 9: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

aerial mapS. SANTA FE AVE

MAIN STREET

127 Main Street

127 Main Street

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Page 10: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street

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

127 Main Street

Page 11: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street

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

Page 12: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

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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Page 13: For Sale! 2,125 SF Retail/Office Building Owner User or Investor … · 2020-05-19 · Main Street) which consists of 126 luxury apartments and 14,000 square feet of retail scheduled

127 main street

vista, ca 92084

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