Listings / EDWARDS CINEMAS 18

EDWARDS CINEMAS 18 1180 W San Marcos Blvd, San Marcos, CA 92078

Price BEST OFFER

Leasable Area 100,551 SF

Term Remaining 10 YRS

Year Built 1997

Occupancy 100%

Status available

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Broker of Record
Kyle Matthews
License No. 1972189 (CA)
Matthews Retail Group, Inc.
841 Apollo Street Suite 150, El Segundo, CA 90245
(310) 919-5757

OFFERING SUMMARY

Matthews Real Estate Investment Services is pleased to present the sale of Edwards Cinemas 18 in San Marcos, CA (North County San Diego). This is a ±100,551 SF movie theater featuring a newly extended 10-year lease. This is an opportunity for investors to purchase a desirable Southern California asset with a long-term income stream.

Edwards Cinemas 18 is the only budget theater for more than an ±8-mile radius; this coupled with immediate access to Hwy 78, makes the theater the most convenient location for over 300,000 North County residents.

The asset is located at San Marcos main retail corridor with the famous old restaurant row, comprising 15 local eateries and bars, situated adjacent to the asset providing a synergistic experience for the consumer.

The area also benefits from a strong student population in the immediate trade area. Cal State San Marcos is approximately 1.8 miles to the east and the site is also in close proximity to Palomar College and San Marcos High School. Hwy 78 provides a straight-shot connection to the site for most of the North County Communities and W San Marcos Blvd itself sees over 42,000 in average daily traffic.

INVESTMENT HIGHLIGHTS