Trader Joe's Anchored Shopping
9880 Hibert St, San Diego, CA 92131
Neighborhood center anchored by Trader Joe’s with strong tenant history.
Type:Retail
Property size:
70,693 SF- Added:
- Mar 17, 2026
- Days on Market:
- 57
- Last Refresh:
- Mar 20 at 12:05 am
Property Features for 9880 Hibert St
General Information
- Standard status
- Active
- Size
- 70,693 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1985
Listing agent Mark Damiani License #0000
Listing office CBRE - Orange County
Listing date Mar 17, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Orange County
HighLights
- Trader Joe's Anchored: High‑traffic neighborhood center with a strong anchor tenant.
- Significant NOI Growth Potential: Projected 63% increase in Net Operating Income (NOI) over 10 years.
- Prime Location & Visibility: Excellent frontage (±1,000 feet) along I‑15 (±276,500 CPD) with easy access.
- Strong Tenant History: Established income stream with 63% of tenants occupying the property for over 15 years.
- Below‑Market Lease Rates: Opportunity to increase rents, current rates are 21% below market.
- High Daytime Population: Serves over 120,000 daytime residents and employees.
Overview
The Scripps Ranch Shopping Center is a ±70,693 SF neighborhood center anchored by Trader Joe’s, featuring a diverse tenant mix. Several tenants, accounting for 63% of the existing GLA, have occupied the property for more than 15 years. Lease rates are currently 21% below market, and many tenants do not have extension options. CBRE is projecting an approximate 63% increase in NOI over a 10-year hold, enhancing yields as an inflationary hedge with an extremely attractive CAGR of 5.0%. Chuck E. Cheese accounts for 19% of the GLA with no options remaining beyond the current term ending April 2029. CBRE projects market rents to be more than 2x current in-place rent upon demising the space. The property benefits from excellent visibility with ±1,000 feet of frontage along I-15 (±276,500 CPD) and is easily accessed via Hibert St from Mira Mesa Blvd (±46,500 CPD) and Scripps Ranch Blvd (±20,000 CPD). The property serves over 120,000 daytime residents and employees (including 12,000 military personnel) drawn from 3.4 million SF of office and 23,000 acres of military installations located within 3 miles.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Taste of Hunan 湘村人家
Restaurant
Board & Brew - Scripps ...
Take-out & Catering
Richard N. Phung, ...
Physician
San Diego HypnoBirthing
Training Center
Similar Places Nearby
- Mira Mesa Market Center — Westview Pkwy, San Diego, CA 92126
- Mira Mesa Commercial Shopping Center — 9225 Mira Mesa Blvd, San Diego, CA 92126
- Scripps Ranch Shopping Center — 9813 Mira Mesa Blvd, San Diego, CA 92131
- Scripps Mesa Retail Center — 9809 Mira Mesa Blvd, San Diego, CA 92131
- Oak Tree Plaza — Mira Mesa Blvd, San Diego, CA 92126
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1145957
- Latitude
- 32.9155134
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Neighborhood center anchored by Trader Joe’s with strong tenant history.
Where is this shopping center located?
The property is located at 9880 Hibert St San Diego, CA.
What are key features of this property?
This property features: Trader Joe's Anchored: High‑traffic neighborhood center with a strong anchor tenant.; Significant NOI Growth Potential: Projected 63% increase in Net Operating Income (NOI) over 10 years.; Prime Location & Visibility: Excellent frontage (±1,000 feet) along I‑15 (±276,500 CPD) with easy access.
