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The Sideyard Public House 10326 E Meadow Glen Way

4,363 SF 100% Leased Retail Building Escondido, CA 92026 $3,999,000 ($917/SF) 6.52% Cap Rate

Investment Highlights

  • Own the Real Estate! Never deal with a Landlord
  • 35% Growth Year over Year
  • For sale: Real estate and businesses or each business sold separately
  • 10 TV's and 20 Taps
  • Brand new $275,000 Commercial Kitchen

Executive Summary

Conveniently located in the heart of Hidden Meadows, this exceptional commercial property boasts two flourishing business opportunities (Sold together or separately) along with the real estate: The fast-growing The Sideyard Public House (35% annual increase in each of past 2 years) along with The Market at Hidden Meadows (deli/market). Opportunity awaits an owner looking to either continue the legacy of this proven Hidden Meadows establishment or expand on the potential of this property by expanding on the current concept.
Property Highlights:
Strategic Location: Located in a 1600+ home enclave in North Escondido with minimal competition, the establishment offers locals a friendly retreat in their own community and welcomes visitors enjoying a round of golf at the adjacent Boulder Oaks Golf Course.
Community Support: The property benefits from a supportive and tightly-knit community, enhancing its appeal and business prospects.
Investment Details:
Comprehensive Sale: Includes the real estate of both the restaurant and the deli/market, along with all fixtures, fittings, and necessary equipment for seamless operation.
Turnkey Business: With a strong customer base and a history of significant growth (35% annually over the past two years), this operation is primed for continued success. The current ownership has also expanded the lot to include plans for a drive-thru coffee bar, further enhancing its business potential.
This is more than a real estate investment; it's a chance to become an integral part of a community and to contribute to the enriching lifestyle of Hidden Meadows. With substantial growth potential and the opportunity to make a lasting impact in the Escondido market, 10326 Meadow Glen Way East stands as a premier choice for those passionate about building a legacy in the neighborhood.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,363 SF
Building Class
C
Year Built
1987
Price
$3,999,000
Price Per SF
$917
Cap Rate
6.52%
NOI
$260,607
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
0.42 AC
Zoning
C36 - General commercial use.
Parking
18 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
93 FT on Meadow Glen Way East

Amenities

  • Restaurant
  • Security System
  • Kiosk/Cart Space
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
186-620-59
Land Assessment
$255,690
Improvements Assessment
$331,127
Total Assessment
$586,817
  • Listing ID: 31611301

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 10326 E Meadow Glen Way, Escondido, CA 92026

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