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DriveThru Approved Next to On/Off-Ramp Hwy 78 640 Hacienda Dr 5,300 SF 100% Leased Retail Building Online Auction Sale Vista, CA 92081
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Investment Highlights
- Investment opportunity to secure a storefront with drive-thru conversion approved and income stream through an in-place EV-charging national tenant.
- Existing as a 5,300-SF multi-tenant retail building configured for an existing two-tenants with a potential of up to three tenants,
- Sought-after position in a major retail corridor, chance to join nearby tenants including Petco, Panera Bread, LA Fitness, Chili's, and Chick-fil-a.
- Immediate access to Highway 78, routing to I-5, and I-15 make errands, shopping, and commuting simple for North San Diego consumers.
- including a pristine former bank space and first-generation shell space w/ approved drive-thru component and pickup window.
- Tap into strong and affluent demographics, boasting over 216,300 households within a 10-mile radius, bringing in a median income of $110,390.
Executive Summary
Discover a multi-tenant retail asset presenting a strategic investment opportunity with value-add potential in a high-traffic Vista corridor surrounded by national and local retailers. 640 Hacienda Drive is a newly constructed, 5,300-square-foot multi-tenant retail storefront building completed in 2005, with wood-frame construction.
The building is currently configured for two users but offers flexibility under CR-1 zoning to accommodate up to three units. The 3,000-square-foot right-side unit was formerly occupied by a U.S. Bank branch and is now vacant, while the remaining 2,300 square feet is well-suited for a restaurant or food-service concept. Approved plans are in place to convert the existing ATM into a drive-thru pick-up window, enhancing the property’s appeal to fast-casual and quick-service restaurant (QSR) users. A national EV charging tenant, IONNA, is in place, generating additional cash flow; this lease is included as a condition of the sale. The offering also includes prominent pylon and building signage along Hacienda Drive, which sees approximately 20,448 vehicles per day and is strategically positioned adjacent to on/off ramps of Hwy 78 with over 140,000+ VPD.
640 Hacienda Drive is located within the Breeze Hill Shopping Center, at the signalized intersection of South Melrose Drive and Hacienda Drive. This central property location is home to a strong mix of national retailers and local businesses, as well as adjacency to the Vista Court Complex and the Superior Court of California. Hacienda Drive runs parallel to the Ronald Packard Parkway (Highway 78), providing direct connectivity west to the Carlsbad oceanfront and east to Escondido. Highway 78 also offers convenient access to Interstates 5 and 15, facilitating north-south travel throughout greater San Diego County and into Los Angeles.
Located in central Vista, California, tokened as the “Strawberry Capital of the World”, this property benefits from a dynamic trade area characterized by semi-rural hills, established neighborhoods, green spaces, a historic downtown, and a 1,200-acre business park that continues to drive economic growth. Vista, California, supports a population of approximately 98,632 residents with a median household income of $85,098, above the national average. Within a 5-mile radius, total consumer spending exceeds $3.7 billion, with food and beverage among the strongest spending categories. Anchored by a strategic location and diverse revenue streams, this 640 Hacienda Drive offers a rare blend of stability, flexibility, and growth potential.
The building is currently configured for two users but offers flexibility under CR-1 zoning to accommodate up to three units. The 3,000-square-foot right-side unit was formerly occupied by a U.S. Bank branch and is now vacant, while the remaining 2,300 square feet is well-suited for a restaurant or food-service concept. Approved plans are in place to convert the existing ATM into a drive-thru pick-up window, enhancing the property’s appeal to fast-casual and quick-service restaurant (QSR) users. A national EV charging tenant, IONNA, is in place, generating additional cash flow; this lease is included as a condition of the sale. The offering also includes prominent pylon and building signage along Hacienda Drive, which sees approximately 20,448 vehicles per day and is strategically positioned adjacent to on/off ramps of Hwy 78 with over 140,000+ VPD.
640 Hacienda Drive is located within the Breeze Hill Shopping Center, at the signalized intersection of South Melrose Drive and Hacienda Drive. This central property location is home to a strong mix of national retailers and local businesses, as well as adjacency to the Vista Court Complex and the Superior Court of California. Hacienda Drive runs parallel to the Ronald Packard Parkway (Highway 78), providing direct connectivity west to the Carlsbad oceanfront and east to Escondido. Highway 78 also offers convenient access to Interstates 5 and 15, facilitating north-south travel throughout greater San Diego County and into Los Angeles.
Located in central Vista, California, tokened as the “Strawberry Capital of the World”, this property benefits from a dynamic trade area characterized by semi-rural hills, established neighborhoods, green spaces, a historic downtown, and a 1,200-acre business park that continues to drive economic growth. Vista, California, supports a population of approximately 98,632 residents with a median household income of $85,098, above the national average. Within a 5-mile radius, total consumer spending exceeds $3.7 billion, with food and beverage among the strongest spending categories. Anchored by a strategic location and diverse revenue streams, this 640 Hacienda Drive offers a rare blend of stability, flexibility, and growth potential.
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Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Storefront
Building Size
5,300 SF
Building Class
B
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.99 AC
Parcel Number
166-150-80
Zoning
CR-1 - Commercial Zoning
Parking
54 Spaces (10.19 Spaces per 1,000 SF Leased)
Frontage
120’ on Hacienda Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
About Vista
Vista has transitioned from a sleepy suburban town to a vibrant city with a bustling downtown filled with restaurants, farmers’ markets, breweries, and street fairs. This has followed the path of the city’s revitalization plan that has made a pedestrian-friendly corridor along Paseo Santa Fe filled with retailers and restaurants, headlined by a new arch signifying its significance. Vista’s other retail corridors, such as along Vista Villa Drive, are lined with quick-service restaurants, car dealerships and strip centers filled with local and national tenants.
Three freeway arteries deposit consumers into the city and its retail experience. Similarly, the Sprinter light rail has several stops in Vista and links it with other North County cities Oceanside, Escondido, and San Marcos. Housing developers have increasingly targeted Vista and the downtown area in recent years, which has brought higher household incomes and stronger purchasing power potential into the city and a built-in consumer base for local retailers.
Pricing is typically lower in Vista relative to coastal areas of San Diego, and investors can often find properties at a discount to those areas in this high-demand city.
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
19,395
144,421
278,079
2020 Population
19,804
143,723
277,132
2030 Population
19,370
145,072
279,239
2025-2030 Projected Population Growth
-0.1%
0.4%
0.4%
Daytime Employees
7,667
44,334
121,472
Total Businesses
1,185
6,427
14,728
Average Household Income
$116,086
$124,370
$130,763
Median Household Income
$91,047
$98,806
$103,840
Total Consumer Spending
$231.3M
$1.8B
$3.7B
Median Age
37.7
38.6
39.6
2025 Households
6,375
47,971
95,138
Percent College Degree or Above
15%
17%
20%
Average Home Value
$664,131
$742,742
$773,257
$ values in USD
Nearby Major Retailers
Sale Advisors
Sale Advisors
Brandon Hanna, Managing Partner
Brandon Hanna is a founding member and Managing Partner of Encore Real Estate Investment Services. Alongside his partners Deno Bistolarides and Ryan Vinco, Brandon oversees a team of seasoned investment professionals that focus on advising clients in the acquisition and disposition of net leased and multi-tenant retail assets throughout the United States. Throughout his investment brokerage career, Brandon has broken price per square foot records and cap rate records in nearly every market which he has sold properties over the span of his near 12+ year career. Brandon has proven himself a leading advisor and strategist through his solution-driven style and has countless successful case studies, of which showcase various wins for his institutional, and private investor client base. Brandon’s clients include some of the most prominent developers, institutions, and private investors in the industry. Brandon has completed over 400 transactions in 40 states valued at over $2 Billion dollars and has successfully completed 80+ loan assumptions. This experience offers a higher assurance of closing and a faster turnaround time as each client is assisted and advised on strategic exit strategies aimed at achieving their investment goals.
Prior to founding Encore Real Estate Investment Services, Brandon began his career at Marcus & Millichap, where he was able to exceed the multi-billion dollar level of total sales by age 29. This, combined with his experience working in the private sector has only added tremendous value to Brandon’s professionalism, sustaining his reputation as one of the most honorable brokers and consultants in the national marketplace.
Investment Specialization:
- Single Tenant Net Lease
- Grocery Anchored Shopping Centers
- Single Tenant NNN Drugstore Portfolio’s
- Sale Lease Back Transactions
Prior to founding Encore Real Estate Investment Services, Brandon began his career at Marcus & Millichap, where he was able to exceed the multi-billion dollar level of total sales by age 29. This, combined with his experience working in the private sector has only added tremendous value to Brandon’s professionalism, sustaining his reputation as one of the most honorable brokers and consultants in the national marketplace.
Investment Specialization:
- Single Tenant Net Lease
- Grocery Anchored Shopping Centers
- Single Tenant NNN Drugstore Portfolio’s
- Sale Lease Back Transactions
Brent Hanna, Executive Vice President
Brent Hanna is a Senior Director with Encore Real Estate Investment Services and consistently a top producing Agent. Concentrating his practice in the disposition and acquisition of single tenant net lease assets, multi-tenant assets and facilitating sale-leaseback transactions.
Brent has proven himself to be an integral part of the commercial real estate industry. Mr. Hanna has established dozens of long-standing relationships with a network of the regions and nation’s industry leading real estate companies. He has an ample amount of hands-on experience working with institutions, REITs, developers, investors and private landlords during site evaluations, tenant negotiations and blend-extend opportunities.
Mr. Hanna has set himself apart through his unique aptitude while working with private investors and exchange buyers. Moreover, his attentive personality and moral standard have made him a “go to” broker that his clients consistently depend on. He has the talent to quickly recognize his client’s objectives and develop clever strategies to achieve their goals.
Most remarkably, Mr. Hanna has completed over a quarter billion dollars in sales across twenty states throughout his career. His positive energy, unmatched work ethic and keen eye for strong investment opportunities is a true testament that Mr. Hanna will always go the extra mile to ensure his clients are obtaining the best possible outcome.
Brent has proven himself to be an integral part of the commercial real estate industry. Mr. Hanna has established dozens of long-standing relationships with a network of the regions and nation’s industry leading real estate companies. He has an ample amount of hands-on experience working with institutions, REITs, developers, investors and private landlords during site evaluations, tenant negotiations and blend-extend opportunities.
Mr. Hanna has set himself apart through his unique aptitude while working with private investors and exchange buyers. Moreover, his attentive personality and moral standard have made him a “go to” broker that his clients consistently depend on. He has the talent to quickly recognize his client’s objectives and develop clever strategies to achieve their goals.
Most remarkably, Mr. Hanna has completed over a quarter billion dollars in sales across twenty states throughout his career. His positive energy, unmatched work ethic and keen eye for strong investment opportunities is a true testament that Mr. Hanna will always go the extra mile to ensure his clients are obtaining the best possible outcome.
About the Auction Technology
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3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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DriveThru Approved Next to On/Off-Ramp Hwy 78 | 640 Hacienda Dr
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