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756 Grand Ave 1,080 SF Office Building Carlsbad, CA 92008 $2,623,741 CAD ($2,429.39 CAD/SF) 1.11% Cap Rate


Executive Summary
756 Grand Avenue is a 1,080 SF masonry building on a 5,245 SF lot in the heart of Carlsbad Village, offered at $1,895,000 — roughly $361 per square foot of land. The property is 100% occupied by a single tenant on a modified gross lease running through May 31, 2028, providing income in place while a buyer plans ahead. The site carries VC (Village Center) zoning under the Village and Barrio Master Plan, the district built specifically around ground-floor retail with residences above, with published standards allowing up to four stories and 45 feet. A four-story condominium project already stands immediately adjacent. With a CoStar walk score of 97, the Carlsbad Village COASTER station three tenths of a mile away, I-5 within a quarter mile, and the beach under half a mile, this is a rare fee-simple position in one of North County's tightest coastal submarkets.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,080 SF
Building Class
B
Year Built
1948
Price
$2,623,741 CAD
Price Per SF
$2,429.39 CAD
Cap Rate
1.11%
NOI
$29,214 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,080 SF
Building FAR
0.21
Lot Size
0.12 AC
Zoning
C-2 - Commercial
Parking
4 Spaces (3.7 Spaces per 1,000 SF Leased)
Amenities
- Hardwood Floors
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 203-302-03 | Improvements Assessment | $45,803 CAD |
| Land Assessment | $58,232 CAD | Total Assessment | $104,035 CAD |
Property Taxes
Parcel Number
203-302-03
Land Assessment
$58,232 CAD
Improvements Assessment
$45,803 CAD
Total Assessment
$104,035 CAD
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756 Grand Ave
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