The offering represents a 100% leased NNN property with two tenants. The 14,016 SF building is situated on a 27,443 square foot lot on the corner of 9th Ave and S Quince Street in Escondido, California. The property was constructed in 1953 and fully renovated in 2019 including a major power upgrade required for Family Dollar. Family Dollar filed for bankruptcy and the building was released to Smokin Hot Deals and Cuppa-Pug.
Escondido is the largest city in North County San Diego, home to a sprawling landscape, a diverse population, and a rapidly growing downtown that serves as the city’s lifestyle hub. Located 30 miles northeast of downtown San Diego and 20 minutes from the coast, Escondido is home to major attractions, beautiful wineries, craft breweries, unique arts and theatre, delicious culinary experiences. Escondido is one of the oldest cities in San Diego County and was established in 1888. In the most recent census, Escondido recorded a population of 151,014 in 2020.