This successful freeway oriented power center, with a neighborhood component, boasts a total GLA of ±447,288 SF and is strategically located in one
of the most dominant retail corridors in San Diego County. The Center includes such prominent retailers as Walmart (N.A.P.), Stater Bros. Market, Bed Bath & Beyond, Sports Authority, Best Buy, Cost Plus, Staples and Party City along with
McDonald' s, Applebee' s, Mimi' s Cafe, Chevron, Starbucks, Einstein Bagels, amongst others. Pacific Coast Plaza was built in 1997 and offers a strong record of historical occupancy as ±86% of the tenants in the offering (by SF) have been in the center for over 15 years. This has created tremendous NOI stability and allows a buyer to benefit from the upside potential when leases roll over. Approximately 67% of the tenants in the offering (by SF) are under market and ±86% of the offering square footage is made up of credit/national/regional tenants.
The Center offers convenient vehicular access and tremendous freeway visibility with approximately 2,500 feet of frontage along State Route 78. This helps position the Center well within the overall trade area which is one of the most
dominant retail corridors in San Diego County. With a total of ±2.8 million SF of retail, this immediate trade area includes Westfield' s Plaza Camino Real (Macy' s, Sears, JCPenney; 24 Hour Fitness and Regal Cinemas - both under construction); El Camino North (LA Fitness, Petco, Toys R Us, Barnes & Noble and Michaels); Camino Town & Country (Target, JoAnn' s Fabrics, proposed Winco); North County Plaza (Marshalls and Dollar Tree); Carlsbad Plaza (Vons, CVS and Chuze Fitness) and Carlsbad Plaza South (Sprouts).
Pacific Coast Plaza Showcase Video