Multi-Unit Retail and Office
1900 Sunset Dr Escondido, CA 92025
New
For Sale
Contact for pricing
11 fully leased retail/office units with an adjacent parking lot offering redevelopment flexibility.
Property Size7,326 SF
Lot Size0.61 Acres
Price / SF$326.92
Days on Market2
Property Features for 1900 Sunset Dr
General Information
- Standard status
- Active
- Size
- 7,326 SF
- Lot size
- 0.61 Acres
- Property subtype
- OFFICE
Listing Agency:
eXp Commercial - CA
(714) 458-6534
Listed By:
Tobias Rising · License #777986
(714) 458-6534
Source:
Moodyscre
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 3:28PM
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 eXp Commercial - CA
Investment Insights
Based on property information with market context.
This for-sale property consists of 11 retail/office units, all currently leased. The offering also includes an additional APN parking lot, providing redevelopment flexibility alongside the existing built-out units. Public remarks indicate a built-in 4% annual increase for the leased unit structure.
The parcel is located within the South Centre City Specific Planning Area (SPA 15) under the Escondido Boulevard District, and is associated with a mixed-use overall land-use framework. The adjacent parking lot is described as being within a General Commercial Zone.
The asset is organized as Lot 1 with the 11 leased units and Lot 2 as the adjacent parking lot.
The parcel is located within the South Centre City Specific Planning Area (SPA 15) under the Escondido Boulevard District, and is associated with a mixed-use overall land-use framework. The adjacent parking lot is described as being within a General Commercial Zone.
The asset is organized as Lot 1 with the 11 leased units and Lot 2 as the adjacent parking lot.
Key Highlights
- 11 fully leased retail/office units with built‑in 4% annual increases
- Lot 1: 11 units on 0.348 acres, fully leased
- Adjacent parking lot (Lot 2) on 0.26 acres
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 | $211.0k | $28.80 |
| − Vacancy | −$33.1k | −$4.52 |
| EGI | $177.9k | $24.28 |
| − OpEx | −$44.5k | −$6.07 |
| NOI | $133.4k | $18.21 |
7,326 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.22M
NOI $133,398 @ 7.0% cap · market cap 5.57%
Second Best
Retail
$1.69M
$1.48M – $1.97M
NOI $118,154 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$2.59M
$2.26M – $3.02M
NOI $181,028 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Schulken Kimberly
Hair Salon
One Stop Insurance ...
Insurance Agency
David Daily ND
Alternative Medicine Practice
Citlaly Bojorges
Consultant
P & K Condo ...
Property Management Company
FAQs
What type of property is this?
Retail space - 11 fully leased retail/office units with an adjacent parking lot offering redevelopment flexibility.
Where is this retail space located?
The property is located at 1900 Sunset Dr Escondido, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 11 fully leased retail/office units with built‑in 4% annual increases; Lot 1: 11 units on 0.348 acres, fully leased; Adjacent parking lot (Lot 2) on 0.26 acres
