DISCOVERY ISLE, VILLAGE @ PASEO DEL SOL
13,155 SQ FT.
AT A GLANCE
Seasoned regional tenant with over 15+ years at this location.
Extremely high child occupancy levels over tenure at this location.
Part of Paseo Del Sol shopping center, the dominant retail center in the trade area.
Over market rent.
The site suffers from poor street visibility, tucked in the rear of the center.
Short-term lease with only 3 years remaining.
Marketed to Faris Lee's proprietary 1031 Southern California investor tracking database.
Showcased the strength of the location and trade area.
Highlighted the historical occupancy and the extremely high child occupancy levels over tenure at this location.
Generated multiple competing offers from various buyer profiles.
Sourced buyer through Faris lee's proprietary 1031 Southern California investor tracking database.
Within 2 days of initial marketing, Faris Lee had negotiated pricing above seller expectations.