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119 E Grand Ave

7,000 SF 21% Leased Retail Building Escondido, CA 92025 $1,600,000 ($229/SF) 5.50% Cap Rate

Executive Summary

Flexible downtown owner/user opportunity

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,000 SF
Building Class
C
Year Built
1939
Price
$1,600,000
Price Per SF
$229
Cap Rate
5.50%
NOI
$88,020
Percent Leased
21%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C, Escondido - SPA9: Downtown SP
Parking
2 Spaces (0.33 Spaces per 1,000 SF Leased)
Frontage
52 FT on E Grand Ave

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,500 SF
  • Office/Retail
  • -
  • Now

Rear Space - the rear unit of the building was occupied by a publishing company. The space is a mix of both office and warehouse. Dedicated entry with additional access through the coffee shop.

Space Size Space Use Position Available
1st Floor 5,500 SF Office/Retail - Now

1st Floor

Size
5,500 SF
Space Use
Office/Retail
Position
-
Available
Now

1st Floor

Size 5,500 SF
Space Use Office/Retail
Position -
Available Now

Rear Space - the rear unit of the building was occupied by a publishing company. The space is a mix of both office and warehouse. Dedicated entry with additional access through the coffee shop.

Walk Score ®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Metro Diner
US Bank
Jazzercise
San Diego County Credit Union
First Citizens Bank
Chase Bank
Comerica
Starbucks
First Republic Bank
Banner Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
233-081-24
Land Assessment
$258,519
Improvements Assessment
$257,789
Total Assessment
$516,308
  • Listing ID: 26881141

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: 119 E Grand Ave, Escondido, CA 92025

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