Stanton Optical, Escondido, CA

Escondido, CA

Project Status: Completed
This project is for sale: View Offering Memorandium

Property Highlights

• Brand New 15-Year NNN Lease to Stanton Optical
-- Scheduled 10% Rental Escalations Every 5 Years
• Excellent Access and Visibility In Primary Retail
Corridor
-- Combined AADT of 120,500
-- Adjacent to Downtown Escondido
• Brand New 2018 Construction
• Neighbors Numerous Major Retail Centers
-- Nearby Anchor Tenants Include Costco, Target,
Walmart, Smart & Final Extra, and more
• Robust Demographics in Surrounding Area
-- Average Household Income of $82,470 Within 5
Miles of Site
-- Median Home Value of $446,337
• Approximately 2 Miles from Palomar Medical Center
-- Escondido’s Largest Employer – 2,700 Employees
-- Only Designated Trauma Center in Northern San
Diego County
• Part of San Diego-Carlsbad MSA
-- Population of 3.3 Million
-- 2nd Largest MSA by Population in California
-- 2016 GDP of $215 Billion
• Approximately 30 Miles from Downtown San Diego

100% Capital. Non-Recourse.

Contact us