PAST PROJECTS: PALM PROMENADE

PAST PROJECTS: PALM PROMENADE
770 Dennery Road, San Diego, CA 92154
Center Information
County: San Diego
Type: Retail
Total SF: 617,000
Leasing Agent
,
Gatlin Development Company | 888 E. Las Olas Blvd. Suite 600 Ft. Lauderdale, FL 33301
P: 954.302.5900 | F: 954.302.5901 | www.gatlindc.com
PAST PROJECTS: PALM PROMENADE
770 Dennery Road, San Diego, CA 92154
Originally developed in 1995, Palm Promenade is anchored
by Walmart (N.A.P.), Vons (N.A.P.), AMC Theatres- 24 plex
(N.A.P.) and Home Depot (N.A.P.) and includes a total of
±617,000 SF making it one of the largest, most dominant
community/power centers in San Diego County. With
approximately 3,000 feet of freeway frontage along Interstate
805, Palm Promenade offers tremendous freeway visibility
and convenient
access to the ±2,000 unit master planned community of
Ocean View Hills immediate surrounding the Center. In
addition, the Center benefits from the nearby Kaiser Medical
Center located across the street.
Palm Promenade has been 100% leased for the past 14 years, other than replacing
Blockbuster Video, which was done prior to Blockbuster' s closing. This has created
tremendous stability and allows a buyer to benefit from the sizable
upside potential when leases roll over, as ±83% of the tenants in the offering (by SF)
are under market and ±77% of the offering square footage is credit/national/regional
tenants.
Distance
1 mi.
3 mi.
5 mi.
Population
Households
Avg HH Income ($)
Median Age
16,653
3,978
$56,877
34
150,923
42,334
$46,678
33
288,442
85,188
$50,885
34
Gatlin Development Company | 888 E. Las Olas Blvd. Suite 600 Ft. Lauderdale, FL 33301
P: 954.302.5900 | F: 954.302.5901 | www.gatlindc.com
PAST PROJECTS: PALM PROMENADE
770 Dennery Road, San Diego, CA 92154
TENANT LIST
Gatlin Development Company | 888 E. Las Olas Blvd. Suite 600 Ft. Lauderdale, FL 33301
P: 954.302.5900 | F: 954.302.5901 | www.gatlindc.com