South Bay Modern Dentistry (Pacific Dental Services)
  • $2,100,000

Property Highlights

  • Corporate Tenant Backed by Pacific Dental Services (PDS): One of the nation’s leading dental support organizations with over 900 locations across the U.S., providing institutional-level creditworthiness and long-term stability.
  • New 10-Year Lease (2022) with NNN Terms: Investor enjoys passive cash flow with minimal landlord responsibilities, built-in rent escalations, and long-term income security through two 5-year renewal options.
  • Walmart-Anchored Retail Center with 254,253 SF of GLA: The subject property is part of Southbay Marketplace II, a dominant regional shopping destination anchored by Walmart, Ross, Five Below, and others, drawing heavy daily traffic and retail synergy.
  • Strategic 0.40 AC Site in Dense Infill Market: Hard-corner location near Broadway & Palomar St with excellent visibility, accessibility, and over 51,000 vehicles per day on nearby corridors.
  • Population Growth: Over 9% population growth since 2010; continued expansion through high-density residential infill and mixed-use redevelopment.
  • Healthcare Demand: Chula Vista is home to major medical employers and a growing senior population, fueling dental and outpatient medical demand.
  • Proximity to U.S.-Mexico Border: Enhances cross-border consumer spending and creates a dynamic, binational labor and retail environment.
  • Public Infrastructure & Transit: Subject is near the Palomar Street Trolley Station, offering public transit connectivity to downtown San Diego and Otay Mesa.

Broker of Record:
Damon Wyler
Lic#: 01253074

Details

  • Price $2,100,000
  • Year Built 2003
  • Property Type Single Tenant

Additional Details

  • Price/SF $692.61
  • Cap Rate 4.50%
  • APN 562-324-09-00
  • Rentable Area 3,032 SF
  • Lot Size 0.4 AC
  • Address: 55-57 N Broadway
  • City: Chula Vista
  • State/county: California
  • Zip/Postal Code: 91910

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