Log In/Sign Up
Your email has been sent.
426 W 2nd Ave 8,479 SF 100% Leased Retail Building Escondido, CA 92025 $4,294,151 CAD ($506.45 CAD/SF) 6.12% Cap Rate
Investment Highlights
- Strategically located at Downtown Escondido's main entry point from the I-15 freeway.
- 33 on-site surface spaces providing convenient, ample parking for customers.
- Uniform 2030 lease expirations provide flexibility for owner-user conversion or redevelopment.
- Dual frontage on Centre City Pkwy and W 2nd Ave with strong, consistent traffic counts.
- 100% leased with recent lease renewals for all tenants underscoring long-term commitment to the location.
Executive Summary
This property offers a prime location at Downtown Escondido's main entry point from the I-15 freeway, combined with strong tenancy — the building is 100% leased, with all tenants having recently renewed their leases, underscoring their long-term commitment to the site. The property also features abundant parking, with 33 on-site surface spaces providing convenient and ample parking for customers, along with excellent exposure through dual frontage on Centre City Pkwy and W 2nd Ave and strong, consistent traffic counts. Finally, uniform 2030 lease expirations offer flexible potential for an owner-user conversion or redevelopment down the line.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
8,479 SF
Building Class
C
Year Built
1987
Price
$4,294,151 CAD
Price Per SF
$506.45 CAD
Cap Rate
6.12%
NOI
$262,880 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
C
Parking
33 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
147’ on W 2nd Ave
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 233-041-19 | Improvements Assessment | $1,820,180 CAD |
| Land Assessment | $1,311,844 CAD | Total Assessment | $3,132,024 CAD |
Property Taxes
Parcel Number
233-041-19
Land Assessment
$1,311,844 CAD
Improvements Assessment
$1,820,180 CAD
Total Assessment
$3,132,024 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
426 W 2nd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.