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1640 Camino Del Rio North

Updated Sep 9, 2026

Bilt advertisement
Lauren Hobart Of Dick's Sporting Goods Leases 158,000 SF Retail Space In San Diego
LEASEDRetail

Lauren Hobart Of Dick's Sporting Goods Leases 158,000 SF Retail Space In San Diego

1640 Camino Del Rio North

Building Size

158,000 SF

Asset Type

Retail

Closing

Sep 4, 2026

About this deal

AI

The retail asset involved in this transaction is located at 1640 Camino Del Rio North in San Diego, CA. It encompasses 158,000 square feet and is part of a $290 million redevelopment project. The site is notable for its former use as a Macy's store and is being repositioned for new retail opportunities, alongside future multifamily development.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 158,000 SF
  • Address: 1640 Camino Del Rio North
  • Market: San Diego, CA
  • Landlord: Marcel Arsenault - Real Capital Solutions (RCS); Robert J. Lowe - Lowe Enterprises
  • Tenant: Lauren Hobart - Dick’s Sporting Goods

This transaction marks the leasing of space by Dick’s Sporting Goods, which plans to open its first California House of Sport in 2027. The facility will include experiential features such as climbing walls, golf simulators, and multi-sport facilities, adding significant value to the newly redeveloped center.

Players

Robert J. Lowe

Lowe Enterprises

Landlord

$252M

vol

2 deals

Landlord

Lauren Hobart

Dick’s Sporting Goods

Tenant

3 deals

Tenant

San Diego Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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