245 Vista Village Dr
Vista, CA 92083

Flocke & Avoyer Commercial Real Estate is pleased to exclusively offer for sale a US Bank Ground Lease, in Vista, CA. In June of 2022, US Bank exercised their first of six, 5-year options to extend their lease. The property benefits from high traffic counts on the State Route 78, excellent visibility to Vista Village Drive (±36,082 CPD) and close proximity to many notable retailers.

• Price: $4,275,356
• Cap Rate: 4.50%
• Lease Term remaining: ±4.3 years
• ±5,000 SF building on .84 acres
• Five, 5-year options remaining with 15% increases; the last two at FMV, but not less than 15%
• Absolute NNN Ground Lease
• At the end of Lease Term, improvements revert to Landlord
• US Bank is the fifth largest bank in the US, by assets
• Strategic North County location just one block off State Rte. 78 at Vista Village Drive