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33168976
33168977

12622-12666 Poway Rd, Poway, CA 92064 For Sale

DT
CA CA 01959818, NV #S.0189603
JLL - Irvine (Orange County), California
GL
CA CA 01385740, NV #S.0189602
JLL - Irvine (Orange County), California
GT
CA 01435512
JLL - Los Angeles (West), California
Listed by JLL - Irvine (Orange County), California, JLL - Los Angeles (West), California
Unpriced
55 days on market
Updated 55 days ago

Poway Crossings

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 110,985
NOI $2,859,482
Occupancy 98.5%
Tenancy Multi
Year Built 1986
Year Renovated 2005
Acreage 10.100
Ground Lease No

Retail | 110,985 SqFt

Marketing description

JLL is pleased to present Poway Crossings, a 110,985-square-foot community center strategically positioned at the corner of Poway Road and Silver Lake Drive.

Currently 98.5% occupied, Poway Crossings is secured by a strong roster of credit tenants, including LA Fitness, Tractor Supply, Dollar Tree, Banfield Pet Hospital, and Black Rock Coffee. Credit tenants occupy 67% of the leased area with a ±9.5 year WALT, ensuring a durable and secure income stream. The existing tenants benefit from close proximity to Poway Business Park’s daytime workforce of over 20,000 employees.

Located in a dense trade area with over 188,000 residents and an average household income exceeding $193,000 within a 5-mile radius, the property benefits from exceptional consumer demand, substantial daily foot traffic generating 1.2 million visits annually, and outstanding visibility and access from Poway and Silver Lake Drive with over 41,000 vehicles per day combined.

Investment highlights

  • Long-Term Credit Tenants with LA Fitness and Tractor Supply
  • Stable In-Place Cash Flow
  • Proven Future Rent Growth Opportunity
  • Pad Sale Flexibility & Arbitrage
  • Highly Visible Location With Excellent Accessibility
  • Affluent And Densely Populated Trade Area
  • New Tractor Supply Will Add Further Traffic/Momentum
  • Daily Needs Center with Diverse Tenant Mix

Listing Contacts

DT
CA CA 01959818, NV #S.0189603
JLL - Irvine (Orange County), California
GL
CA CA 01385740, NV #S.0189602
JLL - Irvine (Orange County), California
GT
CA 01435512
JLL - Los Angeles (West), California
Listed by JLL - Irvine (Orange County), California, JLL - Los Angeles (West), California

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Loan Amount
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$2,859,482.00
$238,290.17/mo

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Additional Information

Name
Daniel Tyner
License
CA 01959818
Name
Gleb Lvovich
License
CA 01385740
Brokerage
JLL
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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