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Investment Highlights

  • Prime Freeway Visible Growth Location
  • Flexible Floor Plates & Divisible Suites
  • Exceptionally Strong Market Fundamentals in Escondido That Support Upside

Executive Summary

COPY LINK TO DOWNLOAD OFFERING MEMORANDUM: https://www.pcplistings.com/listings/500laterraza/
— Institutional Quality Asset | Built in 2008, the Property has tremendous architectural appeal with stone and high-performance reflective glass façade, extensive marble lobbies, and third floor balconies providing exceptional panoramic views of the surrounding valley and rolling hills | On-site amenities include covered parking, secure keycard access, a fitness facility with showers and lockers as well as two common area conference rooms.

— Prime Freeway Visible Growth Location | Positioned atop I-15 with direct signage exposure to over 281,000 cars per day as well as proximity to Highway 78, the Property benefits from strong visibility and access to abundant retail, dining, hospitality, and recreation.

— Apple recently purchased a new 67-acre campus for $445M just a few miles south of La Terraza and has announced it intends to employ over 5,500 workers locally by 2026.

— Exceptionally Strong Market Fundamentals That Support Upside | The current office vacancy rate in Escondido is a healthy 9.1% and remains one of the strongest office markets in San Diego County. North County San Diego continues to show positive absorption and declining Class A vacancy, positioning La Terraza to benefit form ongoing tenant demand and flight-to-quality trends.

— Flexible Floor Plates & Divisible Suites | The building’s layout supports a wide range of tenant sizes and configurations, enhancing leasing velocity and adaptability to market demand.

— Amenity Rich Location | With over 2.7 million square feet of retail within a 2-mile radius and over 6.9 million square feet of retail amenities within a 5-mile radius, this is one of the most densely amenitized locations in San Diego. The Property offers tenants a wide variety of essential retail and services including the adjacent Trader Joe’s, Costco, Target, 24 Hour Fitness, In-N-Out, Carl’s Jr. Ralphs, The Home Depot, Dicks, CVS, Stater Bros and various other restaurant and retail amenities.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
81,701 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2008
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
27,234 SF
Slab To Slab
12’
Building FAR
0.51
Lot Size
3.65 AC
Zoning
PD-C - Planned Development
Parking
346 Spaces (4.23 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Fitness Center
  • Signage
  • Natural Light
  • Partitioned Offices
  • Shower Facilities
  • Monument Signage
  • Balcony

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Real Estate
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Regus began in 1989 when Mark Dixon created flexible office spaces in Brussels, Belgium. The company expanded internationally in the 1990s and now operates thousands of locations worldwide. Regus provides various workspace solutions including private offices, shared coworking environments, and virtual business addresses. As part of IWG plc, it serves businesses needing adaptable work arrangements across numerous countries and industries. The company emphasizes flexibility and professional environments for modern work needs.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Real Estate - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 2nd Fl-Ste 200
  • 1,500-22,228 SF
  • Office
  • Full Build-Out
  • Now

Suite 200 can accommodate large and small space requirements. The suite can be divided to +/- 1,500 SF and can deliver contiguous space up to 22,228 SF. Existing improvements include perimeter offices with glass, conference rooms, breakroom, large open area, storage and IT room. Onsite amenities include common area conference rooms, covered/secure parking, gym and showers/lockers.

  • 3rd Fl-Ste 350
  • 2,551-7,526 SF
  • Office
  • Full Build-Out
  • Now

Suite features reception, several private offices, conference room, break room and open office area. Suite 350 can be demised to 2,551 and 4,987 SF.

Space Size Space Use Build-Out Available
2nd Fl-Ste 200 1,500-22,228 SF Office Full Build-Out Now
3rd Fl-Ste 350 2,551-7,526 SF Office Full Build-Out Now

2nd Fl-Ste 200

Size
1,500-22,228 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 350

Size
2,551-7,526 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size 1,500-22,228 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite 200 can accommodate large and small space requirements. The suite can be divided to +/- 1,500 SF and can deliver contiguous space up to 22,228 SF. Existing improvements include perimeter offices with glass, conference rooms, breakroom, large open area, storage and IT room. Onsite amenities include common area conference rooms, covered/secure parking, gym and showers/lockers.

3rd Fl-Ste 350

Size 2,551-7,526 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite features reception, several private offices, conference room, break room and open office area. Suite 350 can be demised to 2,551 and 4,987 SF.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
232-150-56
Land Assessment
$6,850,000 CAD
Improvements Assessment
$23,290,000 CAD
Total Assessment
$30,140,000 CAD
  • Listing ID: 38306124

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 500 La Terraza Blvd, Escondido, CA 92025

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