949-271-1170
15727-15731 Bernardo Heights Pky, San Diego, CA for Sale
Supermarket - FOR SALE
1/4
null | Request Cap Rate

15727-15731 Bernardo Heights Pky
San Diego, CA 92128


HIGHLIGHTS

  • Strong Performing Grocer Anchor – Sprouts is one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the U.S.
  • National and Regional Tenancy - Approximately 94% of the square footage is comprised of national and regional tenants.
  • Minimal Property Management Requirements – Bernardo Heights Plaza is comprised of five tenants within one building/structure.
  • Stabilized Investment in Vibrant Location – The property is 100% occupied and is positioned in a healthy retail submarket.
  • Affluent Residential Community – The surrounding area is amongst North San Diego’s most affluent communities.
  • Dense Residential Submarket – Approximately 80,601 residents and 163,925 residents within a three and five-mile radius, respectively.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bernardo Heights Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

189

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,263 SF

ZONING

CN

APN/PARCEL ID

274-912-38

ASK ABOUT THIS PROPERTY

Aaron BettencourtREZA Investment Group, Inc.More Info
949-271-1170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Aaron BettencourtREZA Investment Group, Inc.More Info
949-271-1170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.