Property Listing No Longer Available for Sale

2220 Otay Lakes Rd, Chula Vista, CA

Shopping Center for Sale - $20,900,000 - 43,471 Sq. Ft. on 4.51 acres


Property Info

CIMLS#115224
Location
  2220 Otay Lakes Rd
  Chula Vista CA 91915
UpdatedAugust 7th, 2009
TypeShopping Center
Price$20,900,000
Building43,471 Sq. Ft.
Land4.51 acres

Property Description

Eastlake Village Shopping Center is approximately 43,471 square feet and is located in the the never development of Chula Vista, CA. The property includes all smaller retailers and is situated on 4.51 Acres. Other tenants of the center are Rite Aid, Vons, IHOP, McDonald's, Mobile, and SDCCU but not a part of the sale. The subject is surrounded by many residential houses and industrial parks and is located across from Village Center, with traffic counts over 50,000 vehicles per day. Eastlake Village has a 5.48/1,000 Sqft parking ratio and with little to no existing competition for smaller units this center is recognized by the community as the only specialty shops in the neighborhood.

The community of Eastlake is located inside The City of Chula Vista. Eastlake is community that has everything a family would ever need - schools, parks, stores and business centers. The City of Chula Vista has an approximate population of 201,210 and is San Diego County's second largest municipality. Located seven miles from Downtown San Diego and seven miles from the busiest international border crossing in the world, Chula Vista is the crossroads of the San Diego/Baja region. The average household income within a 5 miles radius is approximately $91,000


Financials