Retail Space with Street
For Sale
Contact for pricing
1215 S Escondido Blvd., Escondido, CA 92025
Zoning supports professional office, retail, and medical uses in a central Escondido commercial setting.
Property Size5,858 SF
Price / SF$294.47
Days on Market10
Property Features for 1215 S Escondido Blvd.
General Information
Standard status
Active
Size
5,858 SF
Total Parking Spaces
24
Property subtype
Retail, Office
Zoning
South Centre City Specific Plan - Allows for a wide range of professional office, retail and medical
Investment Type
Owner/User
Building Details
Year Built
1974
Buildings
1
Stories
1
Listing Agency:
Cushman & Wakefield - San Diego, California
(760) 431-4223
Listed By:
Mark Avilla · License #CA 01104562
Source:
Crexi
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 29 at 4:01PM
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.
Located at 1215 S. Escondido Blvd. in Escondido, this 5,858-square-foot retail property offers an owner-user setting along an established commercial corridor. The building was constructed in 1974 and benefits from direct street exposure, prominent signage potential, and frontage along S. Escondido Blvd.
The South Centre City Specific Plan allows a broad range of professional office, retail, and medical uses. Interstate 15 provides regional access, while the property’s Escondido location connects with the broader North County commercial area. Its configuration and zoning provide flexibility for businesses seeking a permanent operating location with customer-facing exposure.
The South Centre City Specific Plan allows a broad range of professional office, retail, and medical uses. Interstate 15 provides regional access, while the property’s Escondido location connects with the broader North County commercial area. Its configuration and zoning provide flexibility for businesses seeking a permanent operating location with customer-facing exposure.
Key Highlights
- 5,858 SF retail property at 1215 S. Escondido Blvd., Escondido, CA 92025
- Built in 1974
- Frontage and exposure along S. Escondido Blvd.
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
$106,667
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
6.18%
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%
$2,133,340
$2.1M
Cap Rate 7%
$1,523,814
$1.5M
Cap Rate 9%
$1,185,189
$1.2M
Market Conditions
NOI Build-Up for 5,858 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
$168.7K $28.80/SF
− Vacancy
−$26.5K −$4.52/SF
EGI
$142.2K $24.28/SF
− OpEx
−$35.6K −$6.07/SF
NOI
$106.7K $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%
$2,133,340
Cap Rate 7%
$1,523,814
Cap Rate 9%
$1,185,189
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.78M
NOI $106,667 @ 7.0% cap · market cap 6.18%
Second Best
Retail
$1.35M
$1.18M – $1.57M
NOI $94,478 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,754 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Zoning supports professional office, retail, and medical uses in a central Escondido commercial setting.
Where is this retail space located?
The property is located at 1215 S Escondido Blvd. Escondido, CA.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: 5,858 SF retail property at 1215 S. Escondido Blvd., Escondido, CA 92025; Built in 1974; Frontage and exposure along S. Escondido Blvd.
