Bank Branch with
New
For Sale
Contact for pricing
140 N Echo Ln, San Marcos, CA 92069
Existing banking improvements include a customer vehicle lane and dedicated surface parking.
Property Size4,046 SF
Price / SF$642.61
Days on Market5
Property Features for 140 N Echo Ln
General Information
Standard status
Active
Size
4,046 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
drive-thru
Listing Agency:
Urban Property Group (UPG)
(619) 851-0288
Listed By:
Bill Shrader · License #01033317
Source:
Moodyscre
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 8:11AM
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 Urban Property Group (UPG)
Investment Insights
Based on property information with market context.
This 4,046-square-foot property is an operating bank branch with a drive-through and no vault. Dedicated surface parking provides on-site customer access, while the existing layout is centered on a banking operation.
The property is located at 140 N Echo Ln, San Marcos, CA 92069, with access to CA-78, I-15, and I-5. The surrounding commercial setting includes retail, dining, healthcare, and professional services, creating a varied business environment around the branch.
The property is located at 140 N Echo Ln, San Marcos, CA 92069, with access to CA-78, I-15, and I-5. The surrounding commercial setting includes retail, dining, healthcare, and professional services, creating a varied business environment around the branch.
Key Highlights
- 4,046 square feet of bank branch improvements
- Existing drive‑through banking configuration
- No vault included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,733
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,114,660
$2.1M
Cap Rate 7%
$1,510,471
$1.5M
Cap Rate 9%
$1,174,811
$1.2M
Market Conditions
NOI Build-Up for 4,046 SF
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.
Gross rent
$147.1K $36.36/SF
− Vacancy
−$6.1K −$1.52/SF
EGI
$141.0K $34.84/SF
− OpEx
−$35.2K −$8.71/SF
NOI
$105.7K $26.13/SF
Area
San Diego County, CA
Vacancy
4.17%
Lease Rate
$36.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,114,660
Cap Rate 7%
$1,510,471
Cap Rate 9%
$1,174,811
Alternative Uses
Best Use
Specialty Retail
$1.51M
$1.32M – $1.76M
NOI $105,733 @ 7.0% cap · market cap 4.07%
Second Best
Retail
$907.9K
$794.4K – $1.06M
NOI $63,555 @ 7.0% cap · market cap 2.44%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,762 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,273
Businesses Nearby
575k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 28%
Groceries 22%
Shops & Services 17%
Home Improvements & Furnishings 12%
WinCo Foods
Groceries
82,235 visits/mo
0.3 miles
Costco Wholesale
Superstores
67,345 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
54,523 visits/mo
0.1 miles
Best Buy
Electronics
41,824 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
40,155 visits/mo
0.4 miles
Demographics for 92069, CA
49,407
Population
15,687
Households
3.1
Avg Household Size
34
Median Age
35%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
2,671
Density / Sq Mi
$93,065
Median Household Income
$41,634
Median Earnings
$2,078
Median Rent
$714,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Existing banking improvements include a customer vehicle lane and dedicated surface parking.
Where is this bank located?
The property is located at 140 N Echo Ln San Marcos, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 4,046 square feet of bank branch improvements; Existing drive‑through banking configuration; No vault included
