Downtown Office Building with Transit
136-140 W 3rd Ave., Escondido, CA 92025
For Sale
$1,525,000
Office space in downtown Escondido with strong walkability and convenient access to transit and major thoroughfares.
Property Size2,789 SF
Days on Market151
Property Features for 136-140 W 3rd Ave.
General Information
Standard status
Size
Property subtype
Building Details
Building Size
Listing Agency:
Lee & Associates | North San Diego County
Listed By:
Tim Gosselin, CCIM · License CA #01495432
(760) 822-3730
Source:
Lee-associates
Added: Jun 16
Changed: Nov 4
Last Checked: Nov 12 at 6:15AM
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 Lee & Associates | North San Diego County
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Investment Insights
Based on property information with market context.
Located at 140 W 3rd Ave in Downtown Escondido, this office building offers access to a highly active mixed-use corridor known for visibility and walkability. The property is positioned along W 3rd Street and is marketed as an office option within a dense downtown setting, with nearby civic, retail, and entertainment amenities.
Tenants benefit from close proximity to the Escondido Civic Center Plaza, including 35+ retailers and shops, as well as the California Center for the Arts. For daytime and visitor access, the location also provides convenient access to the North County Sprinter Rail transit station. Major regional thoroughfares including SR-78 and I-15 are noted as nearby, supporting efficient commutes and connectivity.
This offering is best suited for office users who want to place their business in the middle of downtown activity, with multiple nearby destinations and practical transit access. The combination of downtown pedestrian environment, civic and entertainment adjacency, and connections to SR-78 and I-15 may help support customer and employee access without relying solely on car travel.
Tenants benefit from close proximity to the Escondido Civic Center Plaza, including 35+ retailers and shops, as well as the California Center for the Arts. For daytime and visitor access, the location also provides convenient access to the North County Sprinter Rail transit station. Major regional thoroughfares including SR-78 and I-15 are noted as nearby, supporting efficient commutes and connectivity.
This offering is best suited for office users who want to place their business in the middle of downtown activity, with multiple nearby destinations and practical transit access. The combination of downtown pedestrian environment, civic and entertainment adjacency, and connections to SR-78 and I-15 may help support customer and employee access without relying solely on car travel.
Key Highlights
- Office space in downtown Escondido on W 3rd Street in the heart of Downtown Escondido.
- Walkable along a mixed‑use corridor with nearby dining, retail, and entertainment.
- Close to Escondido Civic Center Plaza, including PLAZA CIVIC CENTER 35+ retailers & shops.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,784
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,680
$1.0M
Cap Rate 7%
$725,486
$725.5K
Cap Rate 9%
$564,267
$564.3K
Market Conditions
NOI Build-Up for 2,789 SF
Gross rent
$80.3K $28.80/SF
− Vacancy
−$12.6K −$4.52/SF
EGI
$67.7K $24.28/SF
− OpEx
−$16.9K −$6.07/SF
NOI
$50.8K $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 Rate 5%
$1,015,680
Cap Rate 7%
$725,486
Cap Rate 9%
$564,267
Alternative Uses
Best Use
Office B
$725.5K
$634.8K – $846.4K
NOI $50,784 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.5K
$861.5K – $1.15M
NOI $68,917 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,711
Businesses Nearby
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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
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Market
Properties on Market for Office buildings in San Diego County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office space in downtown Escondido with strong walkability and convenient access to transit and major thoroughfares.
Where is this office building located?
The property is located at 136-140 W 3rd Ave. Escondido, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Office space in downtown Escondido on W 3rd Street in the heart of Downtown Escondido.; Walkable along a mixed‑use corridor with nearby dining, retail, and entertainment.; Close to Escondido Civic Center Plaza, including PLAZA CIVIC CENTER 35+ retailers & shops.
