Grocery Anchored Center | San Diego MSA 9720-9760 Winter Gardens Blvd

SRS Capital Markets is pleased to offer the opportunity to acquire the Central Lakeside Shopping Center, a 59,736 SF grocery-anchored investment property located in Lakeside, California. This shopping center is 95% occupied and boasts a diverse lineup of strong corporate tenants, including Grocery Outlet, Walgreens, O’Reilly Auto Parts, Starbucks, Jersey Mike’s, and KFC. The anchor tenant, Grocery Outlet, has recently signed a new 10-year lease with four 5-year options to extend, demonstrating their long-term commitment to the site. Additionally, EVgo has secured a brand new 10-year lease for an electric vehicle charging station, providing an additional and stable income stream. The KFC on-site operates from a freestanding building with drive-through access. Starbucks with drive-through access, and other 3 tenants also occupies a separate building on its own parcel. The offering has a potential break-up opportunity to maximize the property’s value.