Property summary
This exceptional 60,522-square-foot retail center, built in 2007, presents a compelling investment opportunity in San Marcos, California. Located at 125 N Twin Oaks Valley Rd, 92069, this multi-tenant property boasts a strong lineup of national tenants including FedEx, LA Fitness, and Subway, ensuring consistent income streams. The center benefits from its prime location at the highly trafficked intersection of Twin Oaks Valley Road (36,000 cars per day) and San Marcos Boulevard (25,000 cars per day), just north of the Highway 78 interchange. LA Fitness, a significant anchor tenant, recently signed a 15-year lease extension, securing long-term occupancy until 2037. The property's 5.944-acre lot is improved to institutional standards. Food tenants occupy 70% of the space, capitalizing on the substantial daytime population in the area. The property's proximity to San Marcos City Hall, California State University San Marcos (16,000 students), Palomar College (13,000 students), and five office buildings within a one-mile radius further enhances its appeal. The asking price is $12,242,000, translating to $202.27 per square foot. This investment offers strong anchor tenancy, quality construction, an affluent submarket, and a national/regional tenant mix resistant to online competition. The property's strong retail fundamentals make it an attractive addition to any portfolio. APN: 760-167-97-00.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Swimming School Baby Swimming School
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6 recent transactions · within 1.5 miComparable in this City
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Tax year 2023Property description
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COMMERCIAL · San Marcos, CAZoning
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