Escondido Retail Shopping Center
For Sale
Contact for pricing
145-159 S Orange St &, Escondido, CA 92025
100% leased retail center in downtown Escondido, CA.
Property Size8,388 SF
Price / SF$298.04
Days on Market250
Property Features for 145-159 S Orange St &
General Information
Standard status
Active
Size
8,388 SF
Total Parking Spaces
32
Property subtype
Retail
Zoning
SPA: Downtown Specific Plan
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Value Add
Net Operating Income
$152,686
Building Details
Year Built
1965
Year Renovated
2024
Units
12
Tenancy
Multi
Listing Agency:
CDC Commercial
Listed By:
Nick Zech · License ##01721457
Source:
Crexi
Added: Feb 6
Changed: Oct 1
Last Checked: Oct 12 at 7:31PM
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 CDC Commercial
Investment Insights
Based on property information with market context.
This multi-tenant retail shopping center is located in downtown Escondido, California. The property has a total area of approximately 8,388 square feet and is 100% leased. It features smaller-format retail suites, most of which are under 1,000 square feet. The tenant mix includes salon, barber, and aesthetician services, a restaurant/café, professional tax and legal services, an eco-friendly refillable containers store, and a truck driving school. Capital improvements have recently been completed, including roof replacement, new paint, a new signage program, replacement of multiple HVAC units, and other upgrades. The property is operating at an estimated 6.11% cap rate based on in-place income. Short term Pro-forma returns project an 8% cap rate by bringing the remaining below-market leases to current market rents, or replacing them with new tenants at higher rates. Significant additional upside exists through the conversion of leases to long-term NNN structures, supporting a pro-forma capitalization rate in excess of 8-10%.
Key Highlights
- 100% leased multi‑tenant retail shopping center in downtown Escondido, CA.
- Significant upside potential through rent increases and conversion to NNN leases, projecting an 8‑10% pro‑forma capitalization rate.
- Recently completed capital improvements including roof replacement, new paint, new signage, and HVAC replacements.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,282
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,705,640
$2.7M
Cap Rate 7%
$1,932,600
$1.9M
Cap Rate 9%
$1,503,133
$1.5M
Market Conditions
NOI Build-Up for 8,388 SF
Gross rent
$201.3K $24.00/SF
− Vacancy
−$8.1K −$0.96/SF
EGI
$193.3K $23.04/SF
− OpEx
−$58.0K −$6.91/SF
NOI
$135.3K $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%
$2,705,640
Cap Rate 7%
$1,932,600
Cap Rate 9%
$1,503,133
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $135,282 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,271 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,471
Businesses Nearby
209k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Leisure 13%
Dining 12%
Groceries 12%
Regal Cinemas Escondido 16
Leisure
26,595 visits/mo
0.3 miles
Smart & Final
Groceries
24,075 visits/mo
0.3 miles
San Diego County Credit Union
Shops & Services
15,236 visits/mo
0.4 miles
Goodwill
Apparel
14,056 visits/mo
0.5 miles
dd's DISCOUNTS
Shops & Services
13,807 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - 100% leased retail center in downtown Escondido, CA.
Where is this shopping center located?
The property is located at 145-159 S Orange St & Escondido, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 100% leased multi‑tenant retail shopping center in downtown Escondido, CA.; Significant upside potential through rent increases and conversion to NNN leases, projecting an 8‑10% pro‑forma capitalization rate.; Recently completed capital improvements including roof replacement, new paint, new signage, and HVAC replacements.
