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Visible Downtown Office Building
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136-140 W 3rd Avenue, Escondido, CA 92025

Office building in downtown Escondido with strong visibility and walkable access to mixed-use dining and transit.

Property Size4,350 SF
Price / SF$373.56
Days on Market64

Property Features for 136-140 W 3rd Avenue

General Information

Standard status Active
Size 4,350 SF
Property subtype Office, Mixed Use

Additional Details

Highway Access Yes
Listing Agency: Lee & Associates San Diego - Carlsbad
Listed By: Tim Gosselin, CCIM · License #CA 01495432
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 4 at 4:56AM

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 San Diego - Carlsbad

Investment Insights

Based on property information with market context.

This downtown office building is positioned at 136-140 W 3rd Avenue and totals 4,350 square feet. The offering presents an office-focused configuration with an emphasis on street-facing presence along an active mixed-use corridor.

Set in the heart of Downtown Escondido, the property is described as offering exceptional visibility and walkability on W 3rd Street. It is located near the restaurants, retail, and entertainment along Grand Avenue and provides convenient access to the North County Sprinter Rail transit station. Major thoroughfares including SR-78 and I-15 are also identified as nearby.

For tenants, buyers, or operators seeking an office space where foot traffic and transit access may be meaningful, this building’s downtown setting and prominent corridor location are the key practical attributes. Its street-oriented position supports everyday customer and employee access, while the nearby retail and dining mix can complement business activity in the area.

Key Highlights

  • Office building located in downtown Escondido.
  • Situated on W 3rd Street with visibility along an active mixed‑use corridor.
  • Within walking distance to dining, retail, and entertainment along Grand Avenue.

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $125.3k $28.80
− Vacancy −$19.7k −$4.52
EGI $105.6k $24.28
− OpEx −$26.4k −$6.07
NOI $79.2k $18.21
4,350 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.13M
$990.1K – $1.32M (±1% cap)
NOI $79,208 @ 7.0% cap · market cap 4.87%
Second Best
no second resolved use
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M (±1% cap)
NOI $107,490 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Electrical Service Garden Center Parking Lot & Garage Gym & Fitness Center

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,471
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building in downtown Escondido with strong visibility and walkable access to mixed-use dining and transit.
Where is this office building located?
The property is located at 136-140 W 3rd Avenue Escondido, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Office building located in downtown Escondido.; Situated on W 3rd Street with visibility along an active mixed‑use corridor.; Within walking distance to dining, retail, and entertainment along Grand Avenue.
(760) 822-3730 Call to check price and availability
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