Village Square

Excellent Multi-Tenant Commercial Investment with Upside

• ​

  The property is 100% leased to 13 tenants providing a stable income stream from a variety of office/retail tenants.​

• ​

  There is upside in increasing rents on the individual office tenants, many of which are paying in the range of $400-$700 per month.​ There is also the potential of leasing out the covered courtyard at the front entrance to the building for a coffee/snack kiosk tenant.​

• ​

  The seller currently operates its business in the building: The UPS Store and Community Pharmacy, an establisted fixture in the community.​ Seller’s preference is to enter into a 5-year lease contract at closing, however, they could potentially be open to vacating for an owner/user Buyer.​ Alternatively, leases on other office spaces are also short-term and could potentially be made available for occupancy by an owner/user.​

Central Location Along Main Corridor

• ​

  Property is well located with excellent frontage and visibility along Valley Center Road, which is the main commercial corridor for the trade area with 22,923 cars per day.​

• ​

  Nearby commercial uses in the immediate area near the Valley Center Road & Cole Grade Road intersection include: Rite-Aid, Arco/AMPM (under construction), US Post Office, and various other retail, restaurant, bank, and grocery businesses.​

Tremendous Growth in the Immediate Area

• ​

  The property is situated directly across the street from the Valley Center at Indian Creek Project -- a 121-acre development project currently in planning stages that will include a proposed 573 homes and ±50,000 SF of retail space.​

• ​

  Overall, there are 1,200+ new residential units recently completed or in various planning/development stages in Valley Center.​ The subject property stands to benefit from this residential growth combined with a limited supply of existing office/retail properties available for lease.​

Strong Demographics & Captive Market

• ​

  Average Household Income in a 5-Mile radius is $135,738 with a population of 20,871.​

• ​

  Valley Center is a stable and growing community primarily comprised of homeowners (82%) with a median home value of $753,930.​

• ​

  Multi-Tenant Commercial Investment Opportunity

• ​

  Excellent Upside in Below Market Rents

• ​

  Growing, Supply-Constrained Market with Strong Demand