Wendy’s, Dutch Bros and Quick Quack Car Wash to Open New Locations in Otay Mesa
San Diego, CA (May 5th, 2026) – The San Diego division of retail shopping center owner and development company NewMark Merrill Companies, Inc. announced today it has acquired a 2.5-acre parcel located at the northeast corner of Ocean View Hills Parkway and Otay Mesa Road in the Otay Mesa neighborhood of San Diego California.
The site is fully leased to three nationally recognized tenants: Wendy’s, the international chain with over 7,000 locations known for its fresh burgers, Dutch Bros Coffee, the rapidly growing high-energy coffee brand and Quick Quack Car Wash, one of the fastest-growing express car wash brands in the Western United States. All three tenants are scheduled to open in early 2027.
“This site brought together the right location, the right tenants, and the right timing. Otay Mesa’s growth has been really exciting to watch, and we’re glad to be part of the neighborhood with a dynamic new project anchored by three best-in-class brands” said Barret Bradley, Vice President of Acquisitions and Development at Newmark Merrill Companies.
The Otay Mesa submarket has undergone a remarkable transformation, adding over 1,200 new households within one mile since 2010, a 63% increase, while median household incomes have reached $123,358 — well above the national median. The area’s development pipeline further underscores this trajectory, with more than 6,000 new residential units planned or recently delivered in the surrounding corridor, signaling continued long-term confidence in the submarket.
“We love being part of communities that are growing, and Otay Mesa fits that perfectly,” said Branden Schan, Director of Real Estate at Dutch Bros Coffee. “This is a great site with great partners, and we’re looking forward to the opening of this new location, as well as many more with NewMark Merrill.” Situated in one of San Diego’s fastest-growing submarkets, Otay Mesa has experienced significant residential and commercial expansion in recent years, driven by its proximity to the Otay Mesa Port of Entry, one of the busiest commercial land border crossings in the United States, and the continued buildout and densification of the surrounding Ocean View Hills residential community. The property benefits from strong daily traffic counts, growing rooftops, and a consumer base underserved by national convenience-oriented retail.
NewMark Merrill executed the full scope of the project, from entitlement and permitting, leasing, financing, and site development.
Construction financing for the project was provided by Radar Capital Partners, a repeat lending partner that has now closed three transactions with NewMark Merrill. Construction is being managed by PR Construction. Andrew Peterson and Chris Kehl of SRS Real Estate Partners represented NewMark Merrill in the leasing and procurement of all three tenants. SRS Real Estate Partners also represented Dutch Bros and Quick Quack and were instrumental in bringing the project to fruition. Wendy’s was represented by Brian Pyke and Jack Avarello of Retail Insite.
NewMark Merrill’s acquisition, development, financing, and leasing teams for the project included John Hickman — Managing Director (San Diego), Barret Bradley — Vice President of Acquisitions and Development, Robert Mendoza — Director of Development & Construction, Taylor Kuchman — Acquisitions & Development Associate, and Sandra Kist — Chief Financial Officer.
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns/manages a portfolio of over 110 shopping centers valued at more than $3 billion. Since 1987, President and Chief Executive Officer Sandy Sigal has led the company of shopping centers representing over 2,000 tenants and 13 million square feet in California, Colorado, and Illinois. The Company has founded and invested heavily in BrightStreet Ventures, its technology company, which is working on leading edge solutions for landlords and tenants to succeed in today’s retail environment. For more information, please visit NewMarkMerrill.com.