Flex and Industrial
For Sale
Contact for pricing
1318 W Mission Rd, Escondido, CA 92029
Four-building flex property includes industrial gross leases with automotive repair tenants and month-to-month space options.
Property Size16,567 SF
Price / SF$223.34
Days on Market169
Property Features for 1318 W Mission Rd
General Information
Standard status
Active
Size
16,567 SF
Class
C
Property subtype
Industrial
Zoning
M-1 - Industrial Zoning
Investment Type
Value Add
Net Operating Income
$202,313
Building Details
Year Built
1980
Buildings
4
Tenancy
Multi
Listing Agency:
Kidder Mathews San Diego
Listed By:
Peter Quinn · License #00806439
Source:
Crexi
Added: May 4
Changed: Oct 16
Last Checked: Oct 19 at 3:58AM
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 Kidder Mathews San Diego
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Investment Insights
Based on property information with market context.
This four-building flex property has been owned and managed by a family-run luxury appliance sales company for more than 25 years at the location, and it continues to operate under new ownership following the owners’ retirement in 2025. The three additional buildings are currently leased to automotive related repair companies. The property is described as flexibly zoned and is being offered for sale as an investment.
Industrial gross leases are in place on two buildings, with lease terminations noted for 1/31/31 and 12/31/31. Two additional spaces are leased on a month-to-month basis, which may provide an owner-user an opportunity to occupy two of the existing buildings following short-term lease expirations.
Industrial gross leases are in place on two buildings, with lease terminations noted for 1/31/31 and 12/31/31. Two additional spaces are leased on a month-to-month basis, which may provide an owner-user an opportunity to occupy two of the existing buildings following short-term lease expirations.
Key Highlights
- Four‑building flex commercial property in Escondido, CA with industrial gross leases
- Automotive‑related repair tenants: three additional buildings are leased to repair companies
- Lease terms: 1318 W Mission Ave leases terminate 1/31/31
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$267,193
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,343,860
$5.3M
Cap Rate 7%
$3,817,043
$3.8M
Cap Rate 9%
$2,968,811
$3.0M
Market Conditions
NOI Build-Up for 16,567 SF
Gross rent
$397.6K $24.00/SF
− Vacancy
−$15.9K −$0.96/SF
EGI
$381.7K $23.04/SF
− OpEx
−$114.5K −$6.91/SF
NOI
$267.2K $16.13/SF
Area
Escondido, CA
Vacancy
4.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,343,860
Cap Rate 7%
$3,817,043
Cap Rate 9%
$2,968,811
Alternative Uses
Best Use
Retail
$3.82M
$3.34M – $4.45M
NOI $267,193 @ 7.0% cap · market cap 7.22%
Second Best
Industrial
$2.61M
$2.29M – $3.05M
NOI $182,865 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$5.85M
$5.12M – $6.82M
NOI $409,377 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92029, CA
21,236
Population
7,976
Households
2.7
Avg Household Size
44
Median Age
47%
College-Educated
91%
High-School Grad
22.6 sq mi
ZIP Area
940
Density / Sq Mi
$120,038
Median Household Income
$60,558
Median Earnings
$2,232
Median Rent
$911,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Four-building flex property includes industrial gross leases with automotive repair tenants and month-to-month space options.
Where is this flex space located?
The property is located at 1318 W Mission Rd Escondido, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Four‑building flex commercial property in Escondido, CA with industrial gross leases; Automotive‑related repair tenants: three additional buildings are leased to repair companies; Lease terms: 1318 W Mission Ave leases terminate 1/31/31
