Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Carlsbad, CA Title is generated by Realmo AI

    6981 El Camino Real, Carlsbad, CA 92009

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail property in affluent north county communities of Carlsbad and Encinitas.

    Type:Retail
    Added:
    Jan 27, 2026
    Days on Market:
    112
    Last Refresh:
    Apr 5 at 11:27 pm

    Property Features for 6981 El Camino Real

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 6981 El Camino Real Contact us

    We can help!

    Listing Contact
    John Jennings

    Listing agent John Jennings License #CA RE Lic. #01215740

    Listing office Newmark | San Diego

    Listing date Jan 27, 2026

    Source Nmrk

    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 Newmark | San Diego

    HighLights

    • Ideally situated to provide entertainment and daily needs services to affluent communities.
    • Benefits from a desirable mix of daily needs, restaurant, entertainment, and service tenants.
    • Provides a one‑stop shop for its customer base.
    • Located in the affluent north county communities of Carlsbad and Encinitas.
    • Located at NWC Aviara Parkway & El Camino Real.

    Overview

    This retail property is ideally situated to provide entertainment and daily needs services to the affluent north county communities of Carlsbad and Encinitas. The center benefits from a desirable mix of daily needs, restaurant, entertainment, and service tenants, providing a one-stop shop for its customer base. The property is located at the northwest corner of Aviara Parkway and El Camino Real in Carlsbad, California.
    Location Intelligence

    Current Use by Public Records

    Black Rail Kitchen ... Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Plaza Paseo Real — 6941- 6985 El Camino Real, Carlsbad, CA 92009
    • Westbluff Plaza — 6990 El Camino Real, Carlsbad, CA 92009
    • Coinstar Kiosk | Bitcoin ATM — 6951 El Camino Real Safeway, Carlsbad, CA 92009

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.267
    Latitude
    33.1052

    Nearby Similar for Lease

    • Sponsored
      $129-$4,825/Mo
      11-1,292 SF

      CA, Carlsbad - Palomar Airport Road

      2131 Palomar Airport Rd, Carlsbad, CA 92011
      View Details
    • Sponsored
      $129-$4,335/Mo
      11-1,292 SF

      Pacific Center

      701 Palomar Airport Rd, Unit 300, Carlsbad, CA 92011
      View Details
    • $1.40 SF/Yr
      2,915 SF

      Carlsbad Office Space Available

      Office space for sublease in Carlsbad, excellent freeway access.
      5140-5142 Avenida Encinas, Carlsbad, CA
      View Details
    • $129-$4,337/Mo
      11-1,292 SF

      Cornerstone Corporate

      1902 Wright Pl Cornerstone Corporate Ctr, Unit 2ND, Carlsbad, CA 92008
      View Details
    • $1.25 SF/Yr
      6,645 SF

      Carlsbad Flex Space Available

      Flex space with office component and highway access for lease.
      6086 Corte Del Cedro, Carlsbad, CA 92011
      View Details
    • $1.85 SF/Yr
      7,177 SF

      Carlsbad Flex Space with Freeway Access

      Flex space with office improvements, HVAC, and freeway access.
      5205 Avenida Encinas, Carlsbad, CA, 92008
      View Details
    • $1.90 SF/Yr
      53,982 SF

      Carlsbad Office Space Available

      Office space available for rent in Carlsbad, California.
      2035 Corte Del Nogal, Carlsbad, CA 92009
      View Details
    • $2 SF/Yr
      6,348 SF

      Class A Office Space

      Well-kept office building near Bressi Ranch amenities.
      2710 Loker Ave W , Carlsbad, CA
      View Details
    • $1.90 SF/Yr
      3,844 SF

      Carlsbad Office Space Available

      Office space available for lease in Carlsbad, California.
      2554 Gateway Road, Carlsbad, CA, 92009
      View Details
    • Contact for pricing
      17,159 SF

      Carlsbad Office and Lab Sublease

      Office and electronic lab space available for sublease in Carlsbad.
      5919 Sea Otter Pl, Carlsbad, CA 92010
      View Details
    • $0.14 SF/Yr
      13,802 SF

      Carlsbad Industrial/R&D/Office Suite

      Industrial/R&D/Office suite in a convenient Carlsbad location.
      2380 Camino Vida Roble & 6353 El Camino Real, Carlsbad, CA 92011
      View Details
    • $1.90 SF/Yr
      3,810 SF

      Carlsbad Office Space For Rent

      Office space in Bressi Ranch area available for rent.
      2550 Gateway Road, Carlsbad, CA, 92009
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail property in affluent north county communities of Carlsbad and Encinitas.
    Where is this shopping center located?
    The property is located at 6981 El Camino Real Carlsbad, CA.
    What are key features of this property?
    This property features: Ideally situated to provide entertainment and daily needs services to affluent communities.; Benefits from a desirable mix of daily needs, restaurant, entertainment, and service tenants.; Provides a one‑stop shop for its customer base.
    (858) 875-5927
    We can help!
    Listing Contact
    John Jennings
    Real Estate License ID: CA RE Lic. #01215740
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6981 El Camino Real, Carlsbad, CA 92009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!