THE PLAZA at Tesoro Viejo
Land | 90 acres
Marketing description
Fully entitled grocery anchored super pad at the corner of HWY 41 & Ave 15 with HWY 41 frontage (±32,500 ADT). This construction-ready super-pad is located in a massive housing & commercial growth area including Tesoro Viejo, Riverstone, Stella Vista, Valley Children's development. The property features fully entitled and all utilities stubbed to the street, with a construction ready super-pad delivered at close. State of the art on-site water treatment facility - BEST WATER IN THE VALLEY.
Tesoro Viejo is a community built for growth with currently ±1,600 occupied homes, ±5,190 homes approved at build out, and ±200+ homes coming online annually. The development includes ±2M SF of approved retail, office, and industrial space. Rio Mesa Blvd extension delivering Q4 2026 provides new gateway access to Tesoro Viejo, and HWY 41 expansion expected 2028 will increase regional capacity/visibility.
Investment highlights
- Grocery anchored super pad at the corner of HWY 41 & Ave 15
- HWY 41 frontage (±32,500 ADT)
- Massive housing & commercial growth area including Tesoro Viejo, Riverstone, Stella Vista, Valley Children's development
- Fully entitled and all utilities stubbed to the street
- Construction ready super-pad delivered at close
- State of the art on-site water treatment facility - BEST WATER IN THE VALLEY
- Currently ±1,600 occupied homes
- ±5,190 homes approved at build out
- ±200+ homes coming online annually
- ±2M SF of approved retail, office, and industrial space
- Rio Mesa Blvd extension delivering Q4 2026 - new gateway access to Tesoro Viejo
- HWY 41 expansion expected 2028 - increased regional capacity/visibility
- CEQA challenges resolved
- Exempt from SMGA fees
- Exempt from VMT fees
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