Leased Multi-Tenant Escondido
For Sale
Contact for pricing
201 E Grand Ave, Escondido, CA 92025
100% leased multi-tenant asset in downtown Escondido.
Property Size15,806 SF
Price / SF$249.91
Days on Market218
Property Features for 201 E Grand Ave
General Information
Standard status
Active
Size
15,806 SF
Property subtype
Retail, Office
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$233,826
Listing Agency:
NAI Capital - Orange County
Listed By:
Steve Liu · License #CA 01323150
(949) 468-2385
Source:
Crexi
Added: Mar 2
Changed: Sep 6
Last Checked: Oct 5 at 6:10PM
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 NAI Capital - Orange County
Investment Insights
Based on property information with market context.
Located in downtown Escondido, within the Grand Avenue corridor, is a 100% leased multi-tenant asset. The two-story building is elevator served and well maintained, with recent HVAC replacements. The investment consists of 8 tenants, many of whom have been operating in the building for several years. The ground floor is restaurant anchored, and the second floor is quasi-retail and office. There is unrestricted parking on Grand Avenue, Kalmia Street, and multiple parking lots in the immediate area. The fully leased tenancy and lease structures is ideal for immediate cashflow and value-add potential. The property is positioned at the heart of the Grand Avenue Vision Project, a $15 million initiative to transform downtown Escondido into a vibrant, pedestrian friendly hub. This effort will enhance foot traffic, improve pedestrian accessibility, and attract higher-quality tenants. The city's vision is to position downtown Escondido as a vibrant, high-demand community hub for retail, office, and dining. The City of Escondido is also in the process of implementing its 2026–2030 Capital Improvement Program (CIP), a five-year multi-million-dollar plan that focuses on infrastructure improvements to improve quality of life, safety, and functionality of public services. Properties in this area will benefit from increasing demand, more retail traffic, and overall economic growth as Escondido evolves. The property size is 15806 square feet.
Key Highlights
- 100% leased multi‑tenant asset providing immediate cashflow.
- Located in downtown Escondido within the Grand Avenue corridor.
- Positioned at the heart of the Grand Avenue Vision Project, a $15 million initiative to transform downtown Escondido.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$272,654
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,453,080
$5.5M
Cap Rate 7%
$3,895,057
$3.9M
Cap Rate 9%
$3,029,489
$3.0M
Market Conditions
NOI Build-Up for 15,806 SF
Gross rent
$474.2K $30.00/SF
− Vacancy
−$37.9K −$2.40/SF
EGI
$436.2K $27.60/SF
− OpEx
−$163.6K −$10.35/SF
NOI
$272.7K $17.25/SF
Area
Escondido, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,453,080
Cap Rate 7%
$3,895,057
Cap Rate 9%
$3,029,489
Alternative Uses
Best Use
Mixed Use
$3.90M
$3.41M – $4.54M
NOI $272,654 @ 7.0% cap · market cap 6.90%
Second Best
Retail
$3.64M
$3.19M – $4.25M
NOI $254,919 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$5.58M
$4.88M – $6.51M
NOI $390,573 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,948
Businesses Nearby
132k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Groceries 33%
Dining 15%
Electronics 3%
Food 4 Less
Groceries
41,956 visits/mo
0.5 miles
San Diego County Credit Union
Shops & Services
15,236 visits/mo
0.2 miles
Bank of America
Shops & Services
11,998 visits/mo
0.3 miles
Wells Fargo
Shops & Services
10,193 visits/mo
0.4 miles
Shakey's Pizza Parlor
Dining
7,994 visits/mo
0.5 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 100% leased multi-tenant asset in downtown Escondido.
Where is this mixed-use property located?
The property is located at 201 E Grand Ave Escondido, CA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 100% leased multi‑tenant asset providing immediate cashflow.; Located in downtown Escondido within the Grand Avenue corridor.; Positioned at the heart of the Grand Avenue Vision Project, a $15 million initiative to transform downtown Escondido.
