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1532-1536 N Coast Highway 101 - Leucadia Lofts

1,850 - 4,500 SF Office/Retail Condo Units Offered at $1,850,000 - $5,950,000 Per Unit in Encinitas, CA 92024

Virtual Tour

Investment Highlights

  • Owner/user or investor opportunity to purchase commercial units in a modern building directly on Highway 101 with flexible zoning.
  • Ideally located three blocks from beach access in a laid-back coastal setting surrounded by coffee houses, local businesses, galleries, and parks.
  • Second-floor office space is currently available in turnkey condition, with thoughtfully designed interiors, wood accents, keyless entry, and more.
  • Up to 8,561 square feet for retail, medical, office, and restaurant use is available, featuring prominent street frontage and underground parking.
  • Recently delivered condos, constructed in 2022, offering top-of-the-line materials and a desirable address just three blocks from Grandview Beach.

Executive Summary

Leucadia Lofts stands as a beacon of contemporary design and functionality in the heart of the coastal Leucadia neighborhood. Built in 2022, the two-story mixed-use project offers 8,381 square feet of prime retail/office commercial space. Property features include excellent street frontage, exclusive subterranean parking, premier modern office space, and flexible multi-use zoning. Capitalize on superior build quality from top-of-the-line materials and a 24-hour camera system. This is a rare opportunity for an owner/user or an investor looking to purchase customizable property along California’s historic Pacific Coast Highway(Highway 101). Expansive zoning allows for a vibrant tenant mix of professional and medical offices, retailers, restaurants, and other users. Available configurations start at 1,850 square feet, offering the flexibility to grow and accommodate all types of businesses. The fully built-out, second-floor office space features striking wood accents, seamless glass lines, collaborative workspaces, a conference room, technological integrations, and keyless entry. Leucadia Lofts is approximately 30 minutes north of Downtown San Diego, within three blocks of beach access, and surrounded by surf shops, coffee houses, and art studios lining the streets. Enjoy a distinctive neighborhood setting off the San Diego Freeway (Highway 5) that exudes laid-back artistic charm, making Leucadia the premier residential community within Encinitas. In addition to executive residences offered within Encinitas, several prestigious communities are also located nearby, such as Carlsbad, Rancho Santa Fe, Fairbanks Ranch, Del Mar, 4S Ranch, and Solana Beach.

Offering Memorandum Click Here to Access

Data Room Click Here to Access

Property Facts

Price $1,850,000 - $5,950,000
Unit Size 1,850 - 4,500 SF
No. Units 3
Total Building Size 8,381 SF
Property Type Office
Property Subtype Office/Residential
Building Class B
Floors 2
Typical Floor Size 4,191 SF
Year Built 2022
Lot Size 0.64 AC
Parking Ratio 2.86/1,000 SF

3 Units Available

Unit 1

Unit Size 1,850 SF
Price $1,850,000
Price Per SF $1,000.00
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

First Floor, North Side. Shell condition. Permits and approvals in place - can be delivered in 90 days.
Ownership will contribute $100/SF to Tenant Improvements.

Unit 2

Unit Size 2,030 SF
Price $1,950,000
Price Per SF $960.59
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

First Floor, South Side. Will be delivered in warm shell condition.
Ownership will contribute $100/SF to Tenant Improvements.

Unit 3

Unit Size 4,500 SF
Price $5,950,000
Price Per SF $1,322.22
Condo Use Office/Retail
Sale Type Investment or Owner User
Description

Premier creative office improvements thoughtfully designed with superior building materials, keyless entry and 24/7 camera system.

2nd Floor As Built
View Photo 2nd Floor As Built
Walk Score ®
Very Walkable (71)
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.®

About North Beach Cities

The North Beach cities are among San Diego’s most attractive for residents and tourists alike. Demand for housing and barriers to entry are high for residents given the exclusivity of the coastal enclaves. Office tenants and investors can take comfort knowing that some of San Diego’s finest eateries and boutique retailers are located within the area. Employers here tap into the pipeline of graduates from nearby UC San Diego.

The beach area is quite accessible. Coast Highway runs along the coastal communities, while the Interstate-5 Freeway leads directly to the beach. And for those without a car, San Diegans can board the Coaster light rail to Encinitas or Solana Beach and enjoy a walk to neighborhood businesses.

Many properties are newly renovated, delivering the modern amenities and touches important to tenant’s in today’s office environment. Investors may pay a premium to acquire property here within easy beach access in one of San Diego’s most exclusive areas.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
8,288
52,576
127,053
2024 Population
8,766
53,280
126,468
Population Growth '20-'24
5.8%
1.3%
-0.5%
2020 Households
3,562
21,410
49,379
2024 Households
3,773
21,579
48,977
Household Growth '20-'24
5.9%
0.8%
-0.8%
Average Age
42
44
43
Median Household Income
$136,055
$137,098
$143,689
Daytime Employees
1,840
29,678
92,834
Total Businesses
374
4,385
11,560
College Degree + Higher
60%
62%
60%

Amenities

  • Accent Lighting
  • Bicycle Storage
  • Natural Light
  • Shower Facilities
  • Air Conditioning
  • Balcony

zoning

Zoning Code Commerical (Most expansive zoning (N-CRM-1) - Allows for office, medical office, retail, restaurant & more.)
Commerical (Most expansive zoning (N-CRM-1) - Allows for office, medical office, retail, restaurant & more.)

Sale Advisors

Sale Advisors

(760) 431-4238
Contact
Peter Curry, Executive Director, Commercial Real Estate
(760) 431-4238
Contact
Peter Curry specializes in office building leasing and sales.  His areas of emphasis include developer representation for ground up development including medical office, mixed-use properties, office condominiums and build-to-suits.
(760) 431-4215
Contact
Brooks Campbell, Senior Director
(760) 431-4215
Contact
Brooks Campbell specializes in North County San Diego Office and Investment properties. His focus is on institutional sales and leasing in San Diego’s North County Coastal Submarkets and locating value add investment opportunities throughout the West Coast. Campbell provides representation and consultation to landlords, tenants, buyers, and sellers in all aspects of commercial real estate brokerage including selection, detailed financial analysis, renewal and relocation studies, negotiation of deal terms, and lease analysis.
(760) 415-3052
Contact
Owen Curry, Senior Associate
(760) 415-3052
Contact
Owen Curry joined Cushman and Wakefield in 2019 and specializes in North County San Diego Office leasing and sales.  Curry's expertise is in the Beach Cities sales and leasing market and plays a substantial role in handling tenant representation and generating new listings for the San Diego Private Capital Group.  Curry also works closely with the Beach Cities communities as he volunteers for the Leucadia, Encinitas, and Cardiff 101 Mainstreet Association which the bulk of his teams listings are located.
  • Listing ID: 31624267

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 1532-1536 N Coast Highway 101, Encinitas, CA 92024

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