Poway Valley Center is located at the corner of Poway Road and Community Road, one of the busiest intersections in the area. Poway is strategically positioned in the center of San Diego County with easy access to the I-5 freeway. The community offers a broad range of dining, shopping, beautiful parks and trails, and numerous community events throughout the year. Poway is known as “The City in the County” with acres of preserved open space. Nearby tenants include a New Trader Joe’s opening Q3 2024 (just east of the site), Wal-Mart, Vons, Stater Brother’s, Walgreens, Michael’s, Petco, Autozone and many more. The center benefits from the surrounding area growing population within a 5-mile radius. Per year, the center receives approximately 330K visits, 98K visitors and average dwell time of 45 minutes per visit. (Source: PlacerAi) ¦ MINIMUM RESPONSIBILITY - Poway Valley Center has been recently remodeled, with no deferred maintenance. As well as a recent asphalt slurry and restripe over the parking field. ¦ EXCELLENT TRADE AREA - The site benefits from an excellent retail trade area, and is ideally positioned next to Walgreen’s. The trade area also has new residential growth including 212 unit Poway Town Center mixed-use project and sits across the street from Poway Commons 247 new apartment units under construction. ¦ STRONG CAGR - Poway Valley Center boasts a robust Compound Annual Growth Rate (CAGR) of 3.06% ¦ STABLE AND GROWING CASH FLOW - The Property has maintained a high occupancy with cash flow projected to grow more than $261,854 (34%) over a 10-year hold period, providing a strong inflationary hedge. ¦ SIGNIFICANT LEASING MOMENTUM - FC Nails, JC Flooring, Poway Pharmacy and Dental Sense are all brand new leases, proving the viability of the retail center and the strength of the surrounding corridor. ¦ INTERNET RESISTANT TENANCY – Strong mix of service tenants (beauty, restaurant, dental and education) that cannot be replicated online and generate strong “daily trip” traffic to the property. ¦ ATTRACTIVE LEVERAGED RETURNS - Even in the current interest rate environment, the asset provides a 12.32% Leveraged IRR