New-Construction Vista Strip Center Goes to Institutional Buyer

JLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed. Managing directors Daniel Tyner and Jeff Cicurel, alongside senior managing directors Gleb Lvovich and Geoff Tranchina, represented the seller, Sunroad Enterprises. An all-cash institutional investor acquired the asset.

Built between 2022 and 2025, Sunroad Plaza is a new construction, 100% occupied strip center leased to nationally recognized quick-service restaurants and retailers. The property includes four drive-thru buildings leased to Starbucks, Chick-fil-A, Panera Bread, The Habit Burger Grill, Jamba Juice and Little Caesars Pizza, along with North County Animal Hospital and BodyBar Pilates.

“We continue to experience strong demand for unanchored strip retail due to strong fundamentals, national tenancy and performance,” said Tyner. “Assets like Sunroad Plaza remain highly sought after because they deliver both income stability and future growth potential.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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