Freestanding Commercial
228 N Broadway Escondido, CA 92025
228 N Broadway, Escondido, CA, 92025
Contact for pricing
For Sale
Contact for pricing
Move-in ready freestanding building with a functional layout for professional, medical, retail, or service users.
Property Size2,158 SF
Price / SF$579.24
Days on Market114
Property Features for 228 N Broadway
General Information
- Standard status
- Active
- Size
- 2,158 SF
- Property subtype
- Office, Retail
Listing agency
Commercial Asset Advisors
(858) 360-3000
Listed by
Brian Jenkins · License #CA01814828
Source
Crexi
Added: Mar 31 Updated: Jul 22 at 2:32PM Checked: Jul 22 at 2:32PM
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 Commercial Asset Advisors
Investment Insights
Based on property information with market context.
228 N Broadway is a freestanding commercial building offering a highly functional layout suitable for a variety of professional, medical, retail, and service-oriented uses. The interior is described as well maintained with recent upgrades, presenting a clean, move-in ready environment for an owner-user seeking immediate occupancy without repositioning.
The property is situated just off Downtown Escondido’s Grand Avenue corridor and is described as having excellent visibility and convenient access. It is positioned within immediate proximity to restaurants, retail, and community amenities associated with the Downtown Escondido experience.
Overall, the building is presented as a controlled, well-located commercial asset within an established urban corridor, with interior improvements intended to support straightforward occupancy across multiple business types.
The property is situated just off Downtown Escondido’s Grand Avenue corridor and is described as having excellent visibility and convenient access. It is positioned within immediate proximity to restaurants, retail, and community amenities associated with the Downtown Escondido experience.
Overall, the building is presented as a controlled, well-located commercial asset within an established urban corridor, with interior improvements intended to support straightforward occupancy across multiple business types.
Key Highlights
- Freestanding commercial building offering a highly functional layout for professional, medical, retail, and service‑oriented users
- Move‑in ready with well‑maintained interior improvements and recent upgrades
- Situated just off Downtown Escondido’s Grand Avenue corridor
Local 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 | $62.2k | $28.80 |
| − Vacancy | −$9.8k | −$4.52 |
| EGI | $52.4k | $24.28 |
| − OpEx | −$13.1k | −$6.07 |
| NOI | $39.3k | $18.21 |
2,158 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$561.4K
$491.2K – $654.9K
NOI $39,295 @ 7.0% cap · market cap 3.14%
Second Best
Healthcare Medical
$548.4K
$479.8K – $639.8K
NOI $38,386 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$761.8K
$666.6K – $888.8K
NOI $53,325 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Liljegren Law Group
Law Firm
North County Sign ...
(Bike/Boat/Book/etc) Store
Streamline Design & Permitting
Renovation Specialist
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Move-in ready freestanding building with a functional layout for professional, medical, retail, or service users.
Where is this office building located?
The property is located at 228 N Broadway Escondido, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Freestanding commercial building offering a highly functional layout for professional, medical, retail, and service‑oriented users; Move‑in ready with well‑maintained interior improvements and recent upgrades; Situated just off Downtown Escondido’s Grand Avenue corridor
