2005 S Escondido Blvd, Escondido, CA 92025
- $840,000
- List Price
- $840,000
- Status
- ACTIVE
- MLS#
- 260017340SD
- Year Built
- 1970
- Lot Size
- 12,706
- Acres
- 0.29
- Days on Market
- 13
- Property Type
- Commercial
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.
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Additional Information
- Cooling
- Yes
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Tanner Watkins (tanner@sdlandmark.com) from Listing Office: Landmark Multifamily and Development.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.