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San Diego
Thursday, Jul 25, 2024
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Ground Lease on Vista Restaurant Property Sold for $4.65 Million

A San Diego buyer recorded as Byron F. White 2001 Revocable Trust has acquired the ground lease on a Vista property housing a Jack in the Box and a Taco Bell restaurant for $4.65 million, according to brokerage company Marcus & Millichap Inc.

The seller of the 4,788-square-foot property, located near the Vista-Carlsbad border at 3271-3281 Business Park Drive, was Norco Vista LLC of Rancho Cucamonga. The seller was represented by Marcus & Millichap’s Alvin Mansour and Ryan Litrich, and the buyer was represented by Steve White.

Brokers said the property is located in the Vista Palomar Park neighborhood shopping center near Palomar Airport Road, at one of the main entrances to Vista’s business park.

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