Property profile

1320-1480 Olympic Pkwy Chula Vista, CA 91915

OFF-MARKET
Lifestyle centers
363,300 SF
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Property summary

AI-generated overview

Eastlake Terraces offers exceptional retail space in a thriving San Diego County location. This ±363,300 square foot power center boasts a prominent position, anchored by major retailers including Walmart, Home Depot, and Walgreens. Two spaces are currently available, ranging from a minimum of 1,101 square feet to a maximum of 1,470 contiguous square feet, with a total of 2,571 square feet currently vacant. The center is strategically situated within the ±3,200-acre master-planned community of Eastlake, adjacent to the ±23,000-acre Otay Ranch (with an additional ±18,000 homes proposed). Its proximity to the planned Millenia community (up to ±3.5 million square feet of retail, office, civic, hotel, and non-residential uses, and ±2,859 residential units) further enhances its potential. Benefit from exceptional visibility to CA-125 Highway and highly visible tenant signage on the building's rear, facing Eastlake Parkway and Olympic Parkway. This is a unique opportunity to establish a presence in a rapidly growing area with strong demographics and significant future development. The minimum divisible space is 1,101 square feet.

Property profile

Verified
Property type Lifestyle centers
Total area 363,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1320-1480 Olympic Pkwy Chula Vista, CA 91915
Chula Vista metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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