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629-633 W 5th Ave 3,784 SF 100% Leased Flex Building Escondido, CA 92025 $1,800,737 CAD ($475.88 CAD/SF) 5.42% Cap Rate
EXECUTIVE SUMMARY
Great opportunity and location for manufacturing, retail or? There are 4 street front office spaces and street entrance to side yard open space with gate, 16 separate rooms used for music rehearsal studios. The property offers a back lot with a 2000 square foot open space area with alley access that can be utilized for equipment, cars, RV's or just extra storage. Currently the properties occupants are small business owners with independent tenant occupancy. Call listing agent for annual income details. Architectural plans available upon request.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$134,008
|
$35.41
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,008
|
$35.41
|
| Taxes |
-
|
-
|
| Operating Expenses |
$41,878
|
$11.07
|
| Total Expenses |
$41,878
|
$11.07
|
| Net Operating Income |
$92,131
|
$24.35
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $134,008 |
| Annual Per SF | $35.41 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $134,008 |
| Annual Per SF | $35.41 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $41,878 |
| Annual Per SF | $11.07 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,878 |
| Annual Per SF | $11.07 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $92,131 |
| Annual Per SF | $24.35 |
PROPERTY FACTS
AMENITIES
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Elegant Landscape Inc
- Services
- -
- -
- -
- Exum Recording
- Information
- -
- -
- -
- Inovatn Clothing Inc
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Elegant Landscape Inc | Services | - | - | - | ||
| Exum Recording | Information | - | - | - | ||
| Inovatn Clothing Inc | Retailer | - | - | - |
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 233-192-03 | Total Assessment | $561,004 CAD (2025) |
| Land Assessment | $299,201 CAD (2025) | Annual Taxes | $0 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $261,803 CAD (2025) | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
233-192-03
Land Assessment
$299,201 CAD (2025)
Improvements Assessment
$261,803 CAD (2025)
Total Assessment
$561,004 CAD (2025)
Annual Taxes
$0 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2025
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629-633 W 5th Ave
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