Visible Downtown Office
136-140 W 3rd Ave., Escondido, CA 92025
For Sale
$1,525,000
Office building in downtown Escondido with strong visibility and walkable access to mixed-use dining and transit.
Property Size2,789 SF
Days on Market146
Property Features for 136-140 W 3rd Ave.
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Building Size
Listing Agency:
Lee & Associates | North San Diego County
Listed By:
Tim Gosselin, CCIM · License #CalDRE #01495432
(760) 822-3730
Source:
Lee-associates
Added: Jun 17
Changed: Oct 30
Last Checked: Nov 8 at 4:46AM
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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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,711
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 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 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 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.
