Medical Office
For Sale
Contact for pricing
1101 East Pennsylvania Avenue, Escondido, CA 92025
Established medical office property with a 1989 construction date.
Property Size2,004 SF
Price / SF$486.53
Days on Market127
Property Features for 1101 East Pennsylvania Avenue
General Information
Standard status
Active
Size
2,004 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Additional Details
Asking Price
$975,000
Building Details
Year Built
1989
Buildings
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
(858) 625-5228
Listed By:
Matthew Melendres · License #02162349
Source:
Crexi
Added: Apr 27
Changed: Aug 30
Last Checked: Aug 30 at 10:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This medical office property is located at 1101 East Pennsylvania Avenue in Escondido, California. The building was constructed in 1989 and is identified as medical office space.
Key Highlights
- Medical office space at 1101 East Pennsylvania Avenue, Escondido, CA 92025
- Building constructed in 1989
- Property size recorded as 2004
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,490
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$729,800
$729.8K
Cap Rate 7%
$521,286
$521.3K
Cap Rate 9%
$405,444
$405.4K
Market Conditions
NOI Build-Up for 2,004 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.7K $28.80/SF
− Vacancy
−$9.1K −$4.52/SF
EGI
$48.7K $24.28/SF
− OpEx
−$12.2K −$6.07/SF
NOI
$36.5K $18.21/SF
Area
Escondido, CA
Vacancy
15.70%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$729,800
Cap Rate 7%
$521,286
Cap Rate 9%
$405,444
Alternative Uses
Best Use
Office B
$521.3K
$456.1K – $608.2K
NOI $36,490 @ 7.0% cap · market cap 3.74%
Second Best
Healthcare Medical
$509.2K
$445.6K – $594.1K
NOI $35,646 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$707.4K
$619.0K – $825.3K
NOI $49,520 @ 7.0% cap · market cap 5.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,726
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92025, CA
51,586
Population
17,376
Households
3
Avg Household Size
35
Median Age
28%
College-Educated
78%
High-School Grad
22.4 sq mi
ZIP Area
2,303
Density / Sq Mi
$71,716
Median Household Income
$41,218
Median Earnings
$1,823
Median Rent
$767,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical office property with a 1989 construction date.
Where is this medical office space located?
The property is located at 1101 East Pennsylvania Avenue Escondido, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Medical office space at 1101 East Pennsylvania Avenue, Escondido, CA 92025; Building constructed in 1989; Property size recorded as 2004
