Industrial Land with Outside
416 N Hale Ave Escondido, CA 92029
416 N Hale Ave, Escondido, CA, 92029
Contact for pricing
For Sale
Contact for pricing
Three contiguous industrial parcels totaling 3.69 acres are 100% leased by Ne-Mo’s Bakery through January 31, 2032.
Property Size59,757 SF
Lot Size3.69 Acres
Price / SF$243.65
Days on Market154
Property Features for 416 N Hale Ave
General Information
- Standard status
- Active
- Size
- 59,757 SF
- Lot size
- 3.69 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Lee & Associates | North San Diego County
(858) 531-4523
Listed by
Marko Dragovic · License #01773106
(858) 531-4523
Source
Moodyscre
Added: Feb 18 Updated: Jul 21 at 6:55PM Checked: Jul 21 at 6:55PM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
The property includes three contiguous parcels of industrial land totaling 3.69 acres, zoned M1 for industrial outside storage (IOS). Ne-Mo’s Bakery has been the original tenant since the facility’s construction in 1975, operating in support of its food production and bakery needs.
The parcels are described as directly abutting Interstate 15 and located blocks from the Interstate 15–Highway 78 interchange. The investment is structured as an absolute net lease requiring zero landlord responsibilities.
The property is offered for sale as a fully leased industrial asset with the existing lease in place through January 31, 2032.
The parcels are described as directly abutting Interstate 15 and located blocks from the Interstate 15–Highway 78 interchange. The investment is structured as an absolute net lease requiring zero landlord responsibilities.
The property is offered for sale as a fully leased industrial asset with the existing lease in place through January 31, 2032.
Key Highlights
- 100% leased to Ne‑Mo’s Bakery through January 31, 2032
- Industrial land: three contiguous parcels totaling 3.69 acres in M1 Zoning
- M1 zoning allows industrial outside storage (IOS), a highly coveted feature in the City of Escondido
Local Financial Insights For Industrial
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 | $1.00M | $16.80 |
| − Vacancy | −$61.6k | −$1.03 |
| EGI | $942.3k | $15.77 |
| − OpEx | −$282.7k | −$4.73 |
| NOI | $659.6k | $11.04 |
59,757 SF · lease $16.80/SF/yr · vacancy 6.14% · expense 30.00%
Alternative Uses
Best Use
Industrial
$9.42M
$8.24M – $10.99M
NOI $659,594 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.09M
$18.46M – $24.61M
NOI $1,476,619 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ne-Mo's Bakery by ...
Food Processing Plant
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Three contiguous industrial parcels totaling 3.69 acres are 100% leased by Ne-Mo’s Bakery through January 31, 2032.
Where is this manufacturing property located?
The property is located at 416 N Hale Ave Escondido, CA.
What is the asking price?
The asking price for this property is $14,560,000.
What are key features of this property?
This property features: 100% leased to Ne‑Mo’s Bakery through January 31, 2032; Industrial land: three contiguous parcels totaling 3.69 acres in M1 Zoning; M1 zoning allows industrial outside storage (IOS), a highly coveted feature in the City of Escondido
