Bernardo Heights Plaza is a 37,729 square foot grocery-anchored neighborhood shopping center located in the affluent and supply-constrained San Diego community of Rancho Bernardo. The property is situated on the signalized intersection of Bernardo Heights Pkwy. and Pomerado Rd. Anchored by a 23,786 square foot Sprouts Farmers Market, Bernardo Heights Plaza features a 94% national and regional tenant base. Sprouts recently (2023) extended their lease through 2030; demonstrating the tenant’s strong performance at the subject property.
A master planned community spanning 6,511 acres along the Interstate 15 corridor, Rancho Bernardo is amongst San Diego’s most affluent submarkets and is bordered by the affluent communities of Carmel Mountain Ranch, Rancho Penasquitos, and Poway. The surrounding area has average household incomes of approximately $141,180 and $146,799 within a one and three-mile radius of the property, respectively.