NAI Capital is proud to present for sale the Grand and Kalmia Center. Seller financing is available! This is a rare 100% leased value add property located in a prime downtown location. Very attractive price/SF for a fully leased investment. The investment consists of six tenants, many of whom have been operating in the building for years. The ground floor is restaurant anchored and the elevator served second floor is retail. The two-story corner property is well maintained, no deferred maintenance, little to no common area maintenance, and no parking lot maintenance. It is in the heart of the city revitalization zone with several new public parking lots in the immediate area. There is unrestricted parking on Grand Avenue, Kalmia Steet, and multiple parking lots in the immediate area that serve tenants and customers. The fully leased tenancy and lease structures is ideal for immediate cashflow and rare value-add potential. Medical, retail, office uses are permitted here. 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. Minutes from the Grand and Kalmia Center, the Palomar Heights Development Project is in its final phase and is adding 510 residential units including apartments, rowhomes and senior housing. The project will also include about 12,000 square feet of commercial & office space.