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JLL, as exclusive advisor, is pleased to present the opportunity to acquire Gateway at Kearny Mesa (the “Offering”), a 294,472 SF (29.16 Acres) shopping center and redevelopment opportunity located along Clairemont Mesa Blvd and Interstate-805 in the rapidly growing submarket of Kearny Mesa. Currently 92.5% leased to a diverse mix of best-in-class retailers, the center provides substantial in-place cash flow and contractual growth throughout the hold period. Additionally, the property offers a prime opportunity for investors to add value through future redevelopment of 10.36 acres of the 29.16-acre site into a multi-housing or office use.
- Premier Tenancy
- Generational Value-Add Opportunity
- Rare Site Optionality with Phased Redevelopment Opportunities
- Infill Location with Excellent Visibility
- Strong Demographics & Rapidly Developing Trade Area