There It Is
From TowersStreet Wiki
Originating from the Waldorf Salad episode of Fawlty Towers, "there it is", can be used for anything really along with a hand gesture towards the item in question. For example, when waking up in the Europa Park Camp Resort, emerging from your tent and seeing Silver Star looming over you, a point towards it and "THERE. It is." would be entirely appropriate.
