877 E H St
Chula Vista, CA 91910
Petsmart · Retail Property For Sale

INVESTMENT HIGHLIGHTS • Corporate Leases – 100% leased to national credit tenants on corporate leases making this offering ideal for out of town investors » PetSmart – America’s largest specialty pet retailer employing over 55,000 associates in its 1,600 stores in the US, Canada and Puerto Rico with a reported revenue of $7 billion in 2016 » Discount Tire – Also known as America’s Tire, is the largest independent tire and wheel retailer in the world with 900 locations, 4,000 employees and an estimated revenue of $4.3 billion in 2016 • Regional Draw – PetSmart and Discount Tire is situated within the greater Paseo Corners, a 523,466 SF regional center, anchored by Costco, Walmart, Home Depot, Ross Dress for Less, and Jerome’s Furniture • High Growth Trade Area – Chula Vista’s affluent and infill trade area enjoys continued population growth and is purported to be among San Diego County’s fastest growing cities • NNN Expense Pass Through – In-place tenants are on NNN + 10% on admin recapture—common area costs reside with the tenants not the landlord • Brand New Construction – PetSmart is a well-maintained property with limited to no deferred maintenance or near-term capital requirements. Discount Tire will be a brand-new structure with zero near term capital requirements