For-Sale Office
221 W Crest St Escondido, CA 92025
For Sale
Contact for pricing
For sale office building in Escondido with a reported 9.1% office vacancy rate.
Property Size30,896 SF
Price / SF$208.71
Days on Market149
Property Features for 221 W Crest St
General Information
- Standard status
- Active
- Size
- 30,896 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing Agency:
CBRE - Orange County
(858) 546-4622
Listed By:
Matt Harris · License #CA 02085087
Source:
Crexi
Added: Feb 24
Changed: Jul 23
Last Checked: Jul 23 at 9:58AM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
This for-sale office building at 221 W Crest St in Escondido, CA 92025 is offered as part of a broader commercial real estate offering. The property is sized at 30,896 square feet.
Public remarks point to market stability in Escondido, citing a current office vacancy rate of 9.1% and historical stability of vacancy rates within San Diego County. Interested parties can review the offering details and confirm all terms, building features, and financials during the due diligence process.
Public remarks point to market stability in Escondido, citing a current office vacancy rate of 9.1% and historical stability of vacancy rates within San Diego County. Interested parties can review the offering details and confirm all terms, building features, and financials during the due diligence process.
Key Highlights
- Office building for sale in Escondido
- Year built: 1991
- Reported office vacancy rate in Escondido: 9.1%
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 | $889.8k | $28.80 |
| − Vacancy | −$139.7k | −$4.52 |
| EGI | $750.1k | $24.28 |
| − OpEx | −$187.5k | −$6.07 |
| NOI | $562.6k | $18.21 |
30,896 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$8.04M
$7.03M – $9.38M
NOI $562,579 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.91M
$9.54M – $12.72M
NOI $763,453 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Braxton Garage Door ...
Building Supply
Vickie L. Dowling, ...
Physician
Drimmer Eric J ...
Physician
PCSD: Georiev Mary-Jo ...
Physician
Auger Nancy J
Physician
FAQs
What type of property is this?
Office building - For sale office building in Escondido with a reported 9.1% office vacancy rate.
Where is this office building located?
The property is located at 221 W Crest St Escondido, CA.
What is the asking price?
The asking price for this property is $6,448,160.
What are key features of this property?
This property features: Office building for sale in Escondido; Year built: 1991; Reported office vacancy rate in Escondido: 9.1%
