Freestanding Two-Story Office
970 Canterbury Place, Escondido, CA 92025
For Sale
Contact for pricing
The interior combines private and semi-private work areas, conference rooms, and kitchenettes on both floors.
Property Size6,736 SF
Lot Size0.65 Acres
Price / SF$348.87
Days on Market23
Property Features for 970 Canterbury Place
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Condition
Tenant in Place
Property Use
Amenities
conference rooms
kitchenettes
Building Details
Buildings
Stories
Building Size
Parking Ratio
Owner Occupied
Listing Agency:
CDC Commercial
Listed By:
Nick Zech · License #01721457
Source:
Crexi
Added: Oct 18
Changed: Nov 8
Last Checked: Nov 8 at 3:53PM
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 CDC Commercial
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Investment Insights
Based on property information with market context.
This freestanding office property contains 6,736 square feet across two stories on a 0.65-acre parcel. The first floor includes two conference rooms, 14 private offices, and six semi-private offices or cubicles. Upstairs are an executive office and storage. Kitchenettes serve both levels, and the site has 30 parking stalls. The building is currently occupied.
Access to I-15 is available from the W. 9th Avenue interchange, with connections to Highway 78, downtown Escondido, and the wider North County area. Nearby destinations include Escondido Promenade, Palomar Health, Graybill Medical Group, and grocery, dining, and service retail. The property is positioned at the end of a cul-de-sac among office properties and a Mercedes-Benz dealership.
Access to I-15 is available from the W. 9th Avenue interchange, with connections to Highway 78, downtown Escondido, and the wider North County area. Nearby destinations include Escondido Promenade, Palomar Health, Graybill Medical Group, and grocery, dining, and service retail. The property is positioned at the end of a cul-de-sac among office properties and a Mercedes-Benz dealership.
Key Highlights
- 6,736‑square‑foot office building on a 0.65‑acre parcel
- Two conference rooms and 14 private offices on the first floor
- Six semi‑private offices or cubicles; upstairs executive office and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,654
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,453,080
$2.5M
Cap Rate 7%
$1,752,200
$1.8M
Cap Rate 9%
$1,362,822
$1.4M
Market Conditions
NOI Build-Up for 6,736 SF
Gross rent
$194.0K $28.80/SF
− Vacancy
−$30.5K −$4.52/SF
EGI
$163.5K $24.28/SF
− OpEx
−$40.9K −$6.07/SF
NOI
$122.7K $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%
$2,453,080
Cap Rate 7%
$1,752,200
Cap Rate 9%
$1,362,822
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,654 @ 7.0% cap · market cap 5.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.08M – $2.77M
NOI $166,449 @ 7.0% cap · market cap 7.08%
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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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
781
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
Properties on Market for Office buildings in San Diego County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - The interior combines private and semi-private work areas, conference rooms, and kitchenettes on both floors.
Where is this office building located?
The property is located at 970 Canterbury Place Escondido, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 6,736‑square‑foot office building on a 0.65‑acre parcel; Two conference rooms and 14 private offices on the first floor; Six semi‑private offices or cubicles; upstairs executive office and storage
