Freestanding Commercial
For Sale
Contact for pricing
228 N Broadway, Escondido, CA 92025
Move-in ready freestanding building with a functional layout for professional, medical, retail, or service users.
Property Size2,158 SF
Price / SF$556.07
Days on Market212
Property Features for 228 N Broadway
General Information
Standard status
Active
Size
2,158 SF
Class
A
Property subtype
Retail, Office
Investment Type
Owner/User
Building Details
Stories
1
Listing Agency:
Commercial Asset Advisors
Listed By:
Brian Jenkins · License #01814828
(619) 838-4575
Source:
Crexi
Added: Mar 31
Changed: Oct 25
Last Checked: Oct 28 at 8:02AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,295
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,900
$785.9K
Cap Rate 7%
$561,357
$561.4K
Cap Rate 9%
$436,611
$436.6K
Market Conditions
NOI Build-Up for 2,158 SF
Gross rent
$62.2K $28.80/SF
− Vacancy
−$9.8K −$4.52/SF
EGI
$52.4K $24.28/SF
− OpEx
−$13.1K −$6.07/SF
NOI
$39.3K $18.21/SF
Area
Escondido, CA
Vacancy
15.70%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,900
Cap Rate 7%
$561,357
Cap Rate 9%
$436,611
Alternative Uses
Best Use
Office B
$561.4K
$491.2K – $654.9K
NOI $39,295 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$761.8K
$666.6K – $888.8K
NOI $53,325 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,996
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
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 $1,199,999.
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
