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201 E Grand Ave 15,806 SF 100% Leased Retail Building Escondido, CA 92025 $5,412,290 CAD ($342.42 CAD/SF)
Investment Highlights
- 15,806 SF Value Add Mixed Use Retail & Office - 35% Below Market Rental Rates
- Restaurant Anchor on Ground Floor
- Heart of the Grand Avenue Vision Project - A $15MM Initiative by the City to Transform Downtown Escondido into a Vibrant Retail Hub
- 100% Occupied Investment - Diverse 8 Tenant Mix
- Nearby Palomar Heights Development - A 510 Residential Unit and 12,000 SF Retail/Office Project
- Strong Upside Potential from Rent Growth and Increased Demand in a Newly Revitalized Community Hub
Executive Summary
NAI Capital, as exclusive advisors to ownership, is proud to present for sale the Grand and Kalmia Center. This 100% occupied, multi-tenant retail & office asset is located in downtown Escondido, within the iconic Grand Avenue corridor. The fully leased tenancy is ideal for investors seeking a property that offers immediate cashflow and value-add potential. The investment consists of 8 tenants, most of which have been operating in the building for many years. The two-story building is elevator served and is well maintained with recent HVAC replacements. There is also ease of access to multiple different parking lots in the immediate area for all employees and customers that is unrestricted.
201 East Grand Avenue is positioned at the heart of the Grand Avenue Vision Project, a $15 million initiative to transform downtown Escondido into a vibrant, pedestrian-friendly hub. This effort will enhance foot traffic, improve pedestrian accessibility, and attract higher-quality tenants. The cities vision is to position downtown Escondido as a vibrant, high-demand community hub for retail, office, and dining. The City of Escondido is also in the process of implementing its 2026–2030 Capital Improvement Program (CIP), a five-year multi-million-dollar plan that focuses on infrastructure improvements to improve quality of life, safety, and functionality of public services. Properties in this area will benefit from increasing demand, more retail traffic, and overall economic growth as Escondido evolves.
201 East Grand Avenue is positioned at the heart of the Grand Avenue Vision Project, a $15 million initiative to transform downtown Escondido into a vibrant, pedestrian-friendly hub. This effort will enhance foot traffic, improve pedestrian accessibility, and attract higher-quality tenants. The cities vision is to position downtown Escondido as a vibrant, high-demand community hub for retail, office, and dining. The City of Escondido is also in the process of implementing its 2026–2030 Capital Improvement Program (CIP), a five-year multi-million-dollar plan that focuses on infrastructure improvements to improve quality of life, safety, and functionality of public services. Properties in this area will benefit from increasing demand, more retail traffic, and overall economic growth as Escondido evolves.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
15,806 SF
Building Class
C
Year Built
1979
Price
$5,412,290 CAD
Price Per SF
$342.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
SP (HD) - S-P: Specific Plan. Historic District
Frontage
75’ on Grand Ave
Amenities
- Restaurant
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Clue Avenue Escape Rooms
- Arts, Entertainment, and Recreation
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99,999 SF
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- Firangi Restaurant
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99,999 SF
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- Judy's Embroidery
- Professional, Scientific, and Technical Services
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99,999 SF
- -
- -
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- Rental and Leasing Services
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99,999 SF
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They bring start ups, small businesses and entrepreneurs like yourself together in our beautiful industrial chic space (and online). They facilitate resources and a network built to accelerate your business by offering workshops, skill sharing, special events and of course, a variety of work space options to suit your needs.
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- Information
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99,999 SF
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- Salon
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99,999 SF
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Clue Avenue Escape Rooms | Arts, Entertainment, and Recreation | 99,999 SF | - | - | ||
| Firangi Restaurant | - | 99,999 SF | - | - | ||
| Judy's Embroidery | Professional, Scientific, and Technical Services | 99,999 SF | - | - | ||
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Rental and Leasing Services | 99,999 SF | - | - | ||
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|
Information | 99,999 SF | - | - | ||
| Salon | - | 99,999 SF | - | - |
Walk Score®
Walker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 233-082-24 | Improvements Assessment | $2,373,036 CAD |
| Land Assessment | $741,574 CAD | Total Assessment | $3,114,610 CAD |
Property Taxes
Parcel Number
233-082-24
Land Assessment
$741,574 CAD
Improvements Assessment
$2,373,036 CAD
Total Assessment
$3,114,610 CAD
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201 E Grand Ave
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