12342 Poway Rd Poway, CA 92064
Neighborhood shopping center in Poway, anchored by grocery and drug stores.
Source:
Nmrk
Listing Agent: Bill Bauman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Grocery and Drug Anchored Center
Poway Marketplace is a 101,063 square foot neighborhood shopping center centrally located in Poway. Anchored by CVS, occupying 25,500 square feet, and North Park Produce, a local specialty grocer occupying 13,973 square feet, the center benefits from the daily needs draw these tenants provide. Additional major tenants include Planet Fitness with 16,027 square feet, Dunn Edwards with 6,352 square feet, and US Bank with 5,355 square feet. The center also features a mix of restaurant and specialty retail operators. North Park Produce reported sales of $1,296 per square foot for 2024, and CVS is experiencing year-over-year sales growth. The CVS lease presents potential upside, as they are currently paying $2.87 per square foot for 25,500 square feet, with shop rents averaging $33.51 per square foot. Poway Marketplace is located in the Poway submarket, where over 50% of the anchored centers are owned by institutional investors. National credit tenants are leasing space in Poway, with leases signed in 2024 by Trader Joe’s, Boot Barn, Five Below, and Tractor Supply Co. The center is supported by an affluent population of over 212,000 residents with average household incomes exceeding $190,000 annually. The location benefits from high traffic counts, with Poway Road and Pomerado Road carrying a combined traffic count of almost 60,000 cars daily.
Location Intelligence
Current Use by Public Records
Poway Town Center
Shopping Mall
North Park Produce ...
Restaurant
North Park Produce
Restaurant
Location Insight
- Map
- Local Demand
- City
- Poway
- County
- San Diego
- State
- California
- Longitude
- -117.063882
- Latitude
- 32.951855
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Neighborhood shopping center in Poway, anchored by grocery and drug stores.
Where is this shopping center located?
The property is located at 12342 Poway Rd Poway, CA.
What are key features of this property?
This property features: - High-performing grocery and drug-anchored shopping center (CVS & North Park Produce) in a strong San Diego submarket (Poway).; - Anchored by CVS and North Park Produce, providing a consistent daily customer draw.; - Affluent customer base with over 212,000 residents and average household incomes exceeding $190,000 annually.