607 W 9th Ave - Supermarket FOR SALE


Escondido, CA 92025- Central Escondido
$3,300,000 USD
858-232-0293
607 W 9th Ave, Escondido, CA for Sale
$3,300,000 USD
Supermarket - FOR SALE
1/23
null | 7.25% Cap Rate

607 W 9th Ave
Escondido, CA 92025
Central Escondido


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

S-P

APN/PARCEL ID

236-032-05

ASK ABOUT THIS PROPERTY

Mary Kay BierKidder MathewsMore Info
858-232-0293

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Mary Kay BierKidder MathewsMore Info
858-232-0293

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