Chula Vista, CA
Subject Property Leased To Amazon (Nasdaq: “AMZN”) – Best In Class Tenant
• Standard & Poor’s “Aa-“Investment Grade Credit Rating
• $590 Billion In Gross Income (2023)
• $47 Billiion In Net Income (2023)
• 1,525,000+ Employees
Real Estate Advantage -Mission Critical Parking Lot Site Location For Amazon Hub
• Mission Critical Parking Lot Site For 100,000 Sf Amazon Hub Distribution Center In Eastlake
Submarket
• Located 9 Miles From Otay Mesa U.S./Mexico Port Of Entry – Largest Commercial Border
Crossing Along U.S./California Border
• Immediately Adjacent To The 242,000 S.F. “District At Eastlake” Retail Community Center
• Close Proximity To California Sr-125 Freeway (43,000 Vpd), Fenton Street (28,000 Vpd) & Otay
Lakes Rd. (20,000 Vpd)
• Subject Property Abutts Proposed Future 10.43 Acre Medical Healthcare Facility Site Owned By Acadia Healthcare
Huge Upside Potential Through Redevelopment – Existing Income Stream – Low
Price Per Square Foot For Improved Land ($42 Psf) Within The Eastlake Submarket
• The Asking Price Of $42 Psf For Improved Land Is Well Below Market – If Sold Vacant On
Open Market This Site Would Potentially Command $60 Psf Or Higher.
• The Subject Property Has Significant Redevelopment Potential – Possible Uses Include
Upscale/Luxuary Residential, Industrial, Retail, And Hospitality.
• Existing Leased Income Stream Allows Time For The Entitlement Process For The Future
Highest And Best Use
Located Just 10 Miles From The 535 Acre Chula Vista Bayfront Development Project
– Largest Waterfront Project On West Coast – Driving Massive New Hotel
Development Within Eastlake Submarket
• 10 Miles From The 535 Acre Chula Vista Bayfront Development Set To Be Completed In 2025
• $2.1 Billion Economic Impact, 1600 New Hotel Rooms, 2,200 Permanent Jobs, 1500 New
Residential/Office Units
• Eastlake Has Expierenced A Boom In New Hotel Development Consisitng Of New Hotels
From Marriott Residence, Aryes Hotel, Hilton Homewood, Marriott Springhill Suites, &
Hilton Hampton Inn.
• Eastlake Hotel Boom Is Now Surpassing Mission Valley & Downtown San Diego In
Average Daily Rate And Revenues
• Nearby Attractions Include The U.S. Olympic Training Facility, Eastlake Country Club,
North Island Amphitheatre, And The Chula Vista Bayfront.
Chula Vista, CA- 2nd Largest City In The San Diego Metropolitan Area – Contains
Robust Industrial, Residential, & Retail Markets
• Chula Vista Contains Roughly 10,400,000 Sf Of Industrial Space Within The Market And
Borders Otay Mesa, Which Contains Roughly 25,000,000 Sf Of Industrial Space
• Chula Vista Has Several Arterial Freeways, Including Interstate 5, 805, And Sr-125, Providing
Easy Access To Transportation Corridors Through The Region And To The Border With
Mexico
• Chula Vista Is Home To The 2nd Largest City Within The San Diego Metropolitan Area And
Ranks As The 7th Largest City In Southern California
• Nearby Attractions Include The U.S. Olympic Training Facility, Eastlake Country Club,
North Island Amphitheatre, And The Chula Vista Bayfront.
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