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Fallbrook Retail with Rental Upside
For Lease
$449,000
Pending

216 E Mission Rd, Fallbrook, CA 92028

Retail property in Fallbrook with significant rental and owner potential.

Space SizeContact for details
Days on Market167

Property Features for 216 E Mission Rd

General Information

Standard status Pending
Property subtype Commercial

Building Details

Units 3
Listing Agency:
Listed By: Darragh Rafferty
Source: Elliman
Added: Mar 11 Changed: Aug 17 Last Checked: Aug 23 at 8:50AM

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 Darragh Rafferty

Investment Insights

Based on property information with market context.

Located in Fallbrook, this property offers significant rental upside and potential for an owner occupant. It has a walk score of 84, indicating that most errands can be accomplished on foot. The roof was replaced in 2019, and major capital improvements were completed in 2017. The property benefits from ample off-street parking and features 50 feet of frontage on E Mission Rd. The building, classified as Class C, was originally built in 1961 and renovated in 2017. The property includes a 1,250 square foot building with a retail unit, a non-conforming retail unit, and a non-conforming residential unit. The zoning is Premier FBV3.

Key Highlights

  • Significant Rental Upside
  • 84 Walk Score - Very Walkable
  • Premier FBV3 Zoning

Property Analytics

Current Use

Fallbrook Jewelers (Bike/Boat/Book/etc) Store Los Alamos Massage ... Alternative Medicine Practice Los Alamos Massage Alternative Medicine Practice Bonetti Custom Funiture Furniture & Home Goods

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Catering Service Locksmith Travel Agency Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,092
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 13%
Shell Shops & Services
13,542 visits/mo 0.5 miles
Wells Fargo Shops & Services
7,456 visits/mo 0.3 miles
El Toro Dining
3,435 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,524 visits/mo 0.4 miles
Truck Rental in Fallbrook, CA 92028 Shops & Services
666 visits/mo 0.1 miles

Demographics for 92028, CA

51,614
Population
17,985
Households
2.9
Avg Household Size
41
Median Age
35%
College-Educated
87%
High-School Grad
116.7 sq mi
ZIP Area
442
Density / Sq Mi
$102,346
Median Household Income
$46,862
Median Earnings
$1,743
Median Rent
$781,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property in Fallbrook with significant rental and owner potential.
Where is this retail space located?
The property is located at 216 E Mission Rd Fallbrook, CA.
What is the lease rate?
The lease rate is $449,000.
What are key features of this property?
This property features: Significant Rental Upside; 84 Walk Score - **Very Walkable**; Premier FBV3 Zoning
More about this property
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