
Pavilion Shopping Center
1900-1998 Hacienda Dr, Vista, CA, 92081-6023, US
12,797 m²
JLL has been exclusively retained to present The Beacon, a 122,167 square foot lifestyle destination located in the heart of Carlsbad, California. This 85.8% leased premium retail experience, anchored by the luxury fitness brand Equinox, has established itself as North County San Diego’s definitive upscale shopping and wellness destination. The Beacon benefits from exceptional demographics with average household incomes of $220,000+ within a 3-mile radius and a population of 97,000+ residents. The Beacon offers investors strong NOI growth through lease up and mark to market with NOI growth exceeding 50% in the first five years.
The Beacon demonstrates a curated tenant mix inclusive of national, regional and local retailers alike such as Equinox, Arhaus, Free People Movement, Sweetgreen, Shake Shack, Jeni’s Ice Cream, Pitfire Pizza and Lofty Coffee Co, a beloved San Diego local retailer. With tenant sales averaging $858 PSF and F&B sales exceeding $1,000 PSF, the Beacon’s strategic merchandising draws consistent foot traffic, sustaining it’s strong sales performance.