INVESTMENT OPPORTUNITY | NEIGHBORHOOD RETAIL CENTER FOR SALE
Pacific Coast Commercial is offering to qualified investors the opportunity to purchase the fee simple interest in Twin Oaks Town Center. The property is a 21,390 Square Foot neighborhood retail center located in the heart of one of San Marcos's busiest thoroughfares. Twin Oaks Valley Road has traditionally served as a major North/South arterial between the I-15 and Highway 78 freeways and continues to serve a large majority of San Marcos's consumer population. With close proximity to a Highway 78 on/off ramp (38,300 ADT), San Marcos City Hall and a rapidly growing California State University San Marcos (Approx. 13,144 Students), the center is very heavily trafficked with excellent fundamentals for continued growth. Several Multi-Family, Senior and Student Housing Developments are under construction within close proximity to the center which will increase demand for neighborhood retail services and businesses. Currently the project is 76% leased with 3 available units ranging from 1,032 SF - 2,481 SF. The majority of Tenants have leases with under market rental rates. The Project is a great "Value-Add" opportunity for an investor to increase the NOI through the lease-up of the vacant units and increasing the average $/SF as leases roll-over.
PROPERTY FEATURES:
| CENTER NAME | Twin Oaks Town Center |
| BUILDING SIZE | Approx. 21,390 SF Combined Between Three Buildings |
| CONSTRUCTION | Wood Frame with Stucco Exterior, Stone Facade & Metal Roofing |
| YEAR BUILT | 2007 |
| APN: | 220-050-45-00 |
| ZONING | C-2 (General Commercial, Specific Plan Area) |
| PARKING | 4.77:1,000 SF |
| ASKING PRICE | $5,980,000 |
| PRICE PSF | $279.56/SF |
Bo Gibbons
Senior Advisor - Sales & Leasing
619-469-3600
Lic. 01367936
Lee Suryani
Sales & Leasing - Senior Associate
619-469-3600
Lic. 01384873
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Sales & Leasing
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