Retail Space with High-Traffic Corner
For Sale
Contact for pricing
240-260 S Rancho Santa Fe Rd, San Marcos, CA 92078
Retail space with an open floorplan, on-site bus stop, and strong street exposure at a signalized intersection.
Property Size1,119 SF
Price / SF$487.04
Days on Market356
Property Features for 240-260 S Rancho Santa Fe Rd
General Information
Standard status
Active
Size
1,119 SF
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Amenities
on-site bus stop
open floorplan
Listing Agency:
Dubs and Company
(760) 591-4100
Listed By:
Kenneth Dubs, Jr.
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Sep 7
Last Checked: Sep 13 at 7:28AM
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 Dubs and Company
Investment Insights
Based on property information with market context.
This retail space offers an open floorplan designed for flexibility in a custom layout. The property is positioned for strong street visibility and signage potential at a signalized intersection on S Rancho Santa Fe Rd.
The site includes an on-site bus stop and is described as being on a high-traffic segment of Rancho Santa Fe Road. It also provides easy access to Las Posas, Rancho Santa Fe Road, and Hwy. 78, with convenient Hwy. 78 access located 4 blocks north.
With its open interior configuration and retail-oriented placement along Rancho Santa Fe Road, the space may support a variety of retail concepts that benefit from convenient access and prominent curbside exposure.
The site includes an on-site bus stop and is described as being on a high-traffic segment of Rancho Santa Fe Road. It also provides easy access to Las Posas, Rancho Santa Fe Road, and Hwy. 78, with convenient Hwy. 78 access located 4 blocks north.
With its open interior configuration and retail-oriented placement along Rancho Santa Fe Road, the space may support a variety of retail concepts that benefit from convenient access and prominent curbside exposure.
Key Highlights
- 1119 SF retail space
- Open floorplan for flexible custom layout
- On‑site bus stop
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,577
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$351,540
$351.5K
Cap Rate 7%
$251,100
$251.1K
Cap Rate 9%
$195,300
$195.3K
Market Conditions
NOI Build-Up for 1,119 SF
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.
Gross rent
$26.9K $24.00/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$25.1K $22.44/SF
− OpEx
−$7.5K −$6.73/SF
NOI
$17.6K $15.71/SF
Area
San Diego County, CA
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$351,540
Cap Rate 7%
$251,100
Cap Rate 9%
$195,300
Alternative Uses
Best Use
Retail
$251.1K
$219.7K – $293.0K
NOI $17,577 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.7K
$448.6K – $598.1K
NOI $35,888 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
131k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 37%
Groceries 8%
Electronics 3%
McDonald's
Dining
23,734 visits/mo
0.3 miles
dd's DISCOUNTS
Shops & Services
13,306 visits/mo
0.3 miles
Super Star Car Wash
Shops & Services
12,887 visits/mo
0.3 miles
Starbucks
Dining
11,483 visits/mo
0.4 miles
76
Shops & Services
10,831 visits/mo
0.3 miles
Demographics for 92078, CA
52,347
Population
19,249
Households
2.7
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
3,135
Density / Sq Mi
$114,905
Median Household Income
$55,060
Median Earnings
$2,468
Median Rent
$874,000
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
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with an open floorplan, on-site bus stop, and strong street exposure at a signalized intersection.
Where is this retail space located?
The property is located at 240-260 S Rancho Santa Fe Rd San Marcos, CA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 1119 SF retail space; Open floorplan for flexible custom layout; On‑site bus stop
