1320-1480 Olympic Pkwy, Chula Vista, CA 91915
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.