426 W 2nd Ave - Retail FOR SALE


Escondido, CA 92025- Central Escondido
$3,100,000 USD
858-401-3898
426 W 2nd Ave, Escondido, CA for Sale
$3,100,000 USD
Retail - FOR SALE
1/3
null | 6.12% Cap Rate

426 W 2nd Ave
Escondido, CA 92025
Central Escondido


HIGHLIGHTS

  • Strategically located at Downtown Escondido's main entry point from the I-15 freeway.
  • Dual frontage on Centre City Pkwy and W 2nd Ave with strong, consistent traffic counts.
  • 33 on-site surface spaces providing convenient, ample parking for customers.
  • 100% leased with recent lease renewals for all tenants underscoring long-term commitment to the location.
  • Uniform 2030 lease expirations provide flexibility for owner-user conversion or redevelopment.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C

APN/PARCEL ID

233-041-19

ASK ABOUT THIS PROPERTY

Marc PosthumusCAST Capital PartnersMore Info
858-401-3898

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Marc PosthumusCAST Capital PartnersMore Info
858-401-3898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.