10
See all 10 photos
$840,000
Est. payment /mo
1 Bath
0.29 Acres Lot
New
2005 S Escondido Blvd Escondido, CA 92025
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Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260017340
Year Built 1970
Lot Size 0.292 Acres
Property Sub-Type Commercial-Off/Rtl/Ind
Property Description
DO NOT DISTURB TENANT. Drive-by inspections only. Interior tours will be scheduled by appointment for qualified buyers with serious interest. Please contact the listing agent. Please contact the agent directly for the Offering Memorandum. Landmark Multifamily & Development is pleased to present 2005 S Escondido Blvd, a freestanding commercial building situated on a gated 12,706 SF parcel along one of Escondido's most established commercial corridors. The 1,252 SF building offers a unique opportunity for both owner-users and investors seeking a highly visible location with long-term upside and/or development potential. The property is currently leased under a triple-net (NNN) lease to a long-standing tenant that has occupied the property for approximately 15 years. The current lease expires at the end of 2026, and ownership has indicated that the tenant has expressed interest in negotiating a new five-year lease should a future owner elect to continue the tenancy. This provides an attractive combination of near-term income with future flexibility for an investor or owner-user.
Location
State CA
County San Diego
Area North County
Zoning S-P
Direction From Interstate 15, take the Centre City Parkway/Mission Avenue exit.
Interior
Fireplace No
Exterior
Parking Features On Site, Private
View Y/N No
Roof Type Composition
Building
Lot Description Free Standing
Story 1
Others
Senior Community No
Tax ID 23631112800
Listed by #02212999 Landmark Multifamily and Development
NEARBY SCHOOL & BUSINESS
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