JLL Capital Markets has arranged the sale of Sunroad Plaza, a 23,540-square-foot retail strip center located at 485 Hacienda Dr. in Vista. The transaction involved an all-cash institutional investor acquiring the newly built property from Sunroad Enterprises, with pricing details not disclosed.
The JLL Capital Markets team of managing directors Daniel Tyner and Jeff Cicurel, along with senior managing directors Gleb Lvovich and Geoff Tranchina, represented the seller in the disposition. Their mandate covered marketing the asset and advising Sunroad Enterprises through the sale process to closing.
Sunroad Plaza was developed between 2022 and 2025 and is described as new construction. The property is fully leased and operates as an unanchored strip center, with a tenant roster composed of nationally recognized quick-service restaurants, health and wellness users, and service-oriented retailers.
The center includes four drive-thru buildings that house several prominent food and beverage concepts. Current tenants include Starbucks, Chick-fil-A, Panera Bread, The Habit Burger Grill, Jamba Juice and Little Caesars Pizza. These brands provide a heavy quick-service restaurant component that is designed to capture both drive-by and destination traffic.
In addition to the food-focused tenants, Sunroad Plaza also features complementary service and wellness offerings. North County Animal Hospital provides veterinary services at the property, while BodyBar Pilates contributes a fitness and lifestyle component, broadening the center’s appeal to daily needs users and repeat customers.
According to commentary from the JLL team, unanchored strip retail properties such as Sunroad Plaza continue to attract attention from capital due to their leasing performance and tenant quality. They cited ongoing demand for this format, particularly where assets benefit from national tenancy and stable occupancy.
Sunroad Plaza’s combination of recent construction, 100% occupancy and a lineup of nationally recognized brands contributed to its positioning as a sought-after investment opportunity. The all-cash nature of the institutional buyer’s acquisition underscores the level of conviction in the property’s income profile and long-term potential.
While specific transaction metrics such as sale price and cap rate were not released, the completed sale highlights continued investor interest in modern, service- and restaurant-oriented retail centers in Vista. The deal adds to the growing base of institutional ownership in the strip retail segment, particularly for assets that pair new construction with established, creditworthy tenants.
