Contacts

Brandon Hanna

Encore Real Estate Investment Services

Property Details

Property Type Retail - Street Retail
Property Size 5,300 SF
Units 1
Lot Size 0.99 Acre
Year Built 2005
Date Updated Jun 1, 2026

Vista is a city located in northern San Diego County in Southern California, strategically positioned between Oceanside, Carlsbad, San Marcos, and Escondido. With a population of approximately 100,000 residents, Vista is one of the larger cities in North County San Diego and benefits from direct access to State Route 78, Interstate 5, and Interstate 15 via nearby regional corridors. Its central location within one of California’s most desirable coastal-adjacent regions provides strong connectivity to San Diego, Orange County, and the broader Southern California economy. Vista is supported by a diverse and resilient economic base that includes advanced manufacturing, life sciences, healthcare, education, retail, and professional services. The city is home to one of the largest business parks in North County, housing numerous technology, medical device, and industrial users. Nearby employment anchors throughout North County include biotechnology firms, defense contractors, healthcare systems, and higher education institutions, while the tourism and hospitality sectors along the coast further strengthen the regional economy. Vista also benefits from a skilled labor force and proximity to major ports, airports, and cross-border trade routes. The broader San Diego metropolitan area is one of the most dynamic economies in the United States, recognized for innovation, high-income demographics, and sustained population demand. North County has experienced continued residential and commercial growth as businesses and residents seek high quality suburban markets with strong amenities and access to employment centers. Infrastructure investments, transit expansion, and ongoing mixed use development have further enhanced connectivity and long term economic prospects throughout the region. In recent years, Vista has seen substantial reinvestment in its downtown district, commercial corridors, and residential neighborhoods. The city’s revitalized downtown has added new restaurants, entertainment venues, housing, and community spaces, helping attract residents and visitors alike. Combined with its strategic location, diversified economy, and strong Southern California demographics, Vista is positioned as a stable and attractive market for long-term commercial investment..

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Highlights

Dense Affluent Demographics / Irreplaceable Basis – Serving 76,000+ residents within 2 miles, 142,000+ within 3 miles, with average household incomes exceeding $129,000+, offering a rare opportunity to acquire freeway retail with income and upside in North San Diego County.
In-Place Income Providing Immediate Cash Flow Stability – Unlike a fully vacant acquisition, the property benefits from an existing lease with IONNA generating $9,500/month, helping offset carrying costs, taxes, insurance, and operating expenses while the next owner executes the lease-up strategy.
Institutional Retail & Employment Corridor – Surrounded by major national brands including Starbucks, Chick-fil-A, Lowe’s, Food 4 Less, Petco, Panera, Raising Cane’s, and adjacent to the Vista Court Complex, driving consistent daily traffic.
Premier Vista, CA Freeway Location – Strategically positioned directly off Highway 78 at the signalized intersection of S Melrose Drive & Hacienda Drive, benefiting from approximately 194,000+ vehicles per day combined traffic exposure and immediate off-ramp access.
Rare Dual Drive-Thru / Pickup Opportunity – Features 5,300 SF of vacancy including a 3,000 SF former bank with existing drive-thru and a 2,300 SF endcap with approved pickup window, a scarce entitlement set in Southern California.
Significant Value-Add Upside – Existing vacancy allows an investor to lease premium drive-thru spaces at market rents, creating a clear path to meaningful NOI growth.