Flocke & Avoyer Commercial Real Estate is proud to exclusively present this rare investment opportunity coming to market for the first time in 40 years, a rare seasoned San Diego retail investment opportunity.
This 100% leased established multi-tenant retail center spans ±3.94 acres with ±43,351 SF of prime retail space. Strategically positioned at Mission Gorge Rd. (the primary east/west traffic corridor in Santee) and Carlton Hills Blvd. in Santee, CA, the property benefits from high visibility, strong traffic counts, and a thriving mix of daily-needs retailers and dining establishments. It has maintained 100% occupancy for the past 3 years, and before that was at or very close to that mark. Needless to say, it has exhibited its desirability in the marketplace for a variety of retail, restaurant and service users.
Anchored by the regionally recognized GTM Store, a very busy value oriented retailer, started by 2 ex Costco executives (and itself a 35 year occupant of the property), the center attracts consistent traffic, due to its strategic and high visibility location at the hard corner of Mission Gorge Rd. and Carlton Hills Blvd. With Marieta’s Mexican Restaurant and the unusual successful Mary’s Donuts it is truly a staple for local shoppers. Carlton Hills Plaza also benefits greatly from its close proximity to key national and regional anchors as well as a growing consumer base, Carlton Hills Plaza represents a compelling, proven and reliable investment opportunity on one of San Diego County’s most vibrant retail corridors.