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33525689
33525688

1505 Poinsettia Avenue, Vista, CA 92081

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California
$5,780,000
1 day on market
Updated 1 day ago

1505 Poinsettia Avenue

Details
Property Type Retail
Square Footage 3,600
Cap Rate 5%
NOI $289,000
Tenancy Single
Brand/Tenant Quick Quack Car Wash
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 05/31/2046
Remaining Term 20
Year Built 2026
Acreage 0.990
Lease Commencement 05/15/2026
Ground Lease No

New 20-Year Absolute NNN Ground Lease

Marketing description

The Snyder-Carlton Team is pleased to offer investors the rare opportunity to acquire a newly developed, single-tenant absolute NNN corporate guaranteed Quick Quack Car Wash in North San Diego County. Quick Quack operates over 330 express car wash locations and is the fourth largest car wash brand in the nation. With a new 20-year corporate fee simple ground lease and 10% rent increases every 5 years, this asset is ideal for a passive investor seeking inflation-resistant cash flows.

The newly developed state of the art car wash is positioned as a hard corner parcel to a freestanding Target at the signalized intersection of Poinsettia Avenue and Business Park Drive just off Palomar Airport Road (+/- 44,500 ADT). The property is centrally located between Carlsbad, Vista, and San Marcos and adjacent to the upscale Bressi Ranch, Aviara, and Lake San Marcos neighborhoods. The property sits within the Vista / Carlsbad Industrial Corridor, which has over 50 million square feet of industrial and office space. Nearby retailers include The Home Depot, Target, Amazon, Tesla, Sprouts, Trader Joe’s, 7-Eleven, Starbucks, Dutch Bros Coffee, Jack in the Box, Taco Bell, and more. The dense upscale trade area has a population over 241,600 with an average household income of approximately $169,300 within a 5-mile radius.

Investment highlights

  • Trophy Irreplaceable San Diego County Location
  • Near the Highly Trafficked Palomar Airport Road and Business Park Drive Intersection (+/- 44,500 ADT)
  • Adjacent to High-End Residential Communities of Bressi Ranch, Aviara & Lake San Marcos
  • High-Profile Location Across from Over 3,000 Single-Family Homes
  • Vista Business Park – Over 50 Million SF of Industrial and Office Properties
  • Brand New 2026 Construction – Corporate Guaranteed Lease
  • New 20-Year Absolute NNN Ground Lease with Zero Landlord Responsibilities
  • 10% Rent Increases Every 5 Years – Inflation-Resistant
  • Quick Quack - Fourth Largest Car Wash Brand in the Nation
  • Dense Upscale Trade Area – Population Over 241,600 in a 5-Mile Radius
  • Average Household Income of $169,308

Listing Contacts

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$289,000.00
$24,083.33/mo

Valuation Metrics

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DSCR
5%
Cap Rate
5%
ROI

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