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Leased Multi-Tenant Escondido Asset

201 E Grand Ave, Escondido, CA 92025

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For Sale

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100% leased multi-tenant asset in downtown Escondido.

Type:Mixed Use, Office, Retail

Property size:

15,806 SF

Price / SF:

$249/SF

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.
Recent HVAC replacements and well‑maintained building.
Elevator served two‑story building.
Unrestricted parking available on Grand Avenue, Kalmia Street, and nearby parking lots.

We can help!

Contact an agent

Steve Liu

For Sale

Contact for pricing

100% leased multi-tenant asset in downtown Escondido.

Type:Mixed Use, Office, Retail

Property size:

15,806 SF

Price / SF:

$249/SF

Added:: Mar 2, 2026
Days on Market:: 116
Last Refresh:: Mar 16 at 1:54 pm

Property Features for 201 E Grand Ave

General Information

Standard status: Active
Size: 15,806 SF
Property subtype: Mixed Use, Office, Retail

We can help!

Contact an agent

Steve Liu

Listing office NAI Capital - Orange County

Listing date Mar 2, 2026

Source Crexi

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

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.
Recent HVAC replacements and well‑maintained building.
Elevator served two‑story building.
Unrestricted parking available on Grand Avenue, Kalmia Street, and nearby parking lots.

Overview

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.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$417.3k	$26.40
− Vacancy	−$14.6k	−$0.92
EGI	$402.7k	$25.48
− OpEx	−$100.7k	−$6.37
NOI	$302.0k	$19.11

15,806 SF · lease $26.40/SF/yr · vacancy 3.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$4.31M

$3.78M – $5.03M (±1% cap)

NOI $302,005 @ 7.0% cap · market cap 7.65%

Second Best

Office B

$4.11M

$3.60M – $4.80M (±1% cap)

NOI $287,808 @ 7.0% cap · market cap 7.29%

Theoretical Best

Office A

$5.58M

$4.88M – $6.51M (±1% cap)

NOI $390,573 @ 7.0% cap · market cap 9.89%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Launch Cart Marketing & Advertising Judy's Embroidery Production Facility Launch Your Merch Consultant Vetdepot Veterinary Clinic Vision Sunrooms - Omega ... Building Supply

Suggested Use

Location Insight

Map
Local Demand

City: Escondido
County: San Diego
State: California
Longitude: -117.0797075
Latitude: 33.1222114

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For sale
Mixed-use properties
CA
Escondido
92025
201 E Grand Ave

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.