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Property profile & analytics
FOR LEASE
Retail space

100 N Rancho Santa Fe Rd San Marcos, CA 92069

50,304 SF 3.71 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-9703936
Property summary
AI-generated overview

This exceptional retail property, located at 100-120 N Rancho Santa Fe Rd in San Marcos, CA 92069, offers 31,579 square feet of versatile commercial space. Currently housing a diverse mix of tenants including a gym, nail salon, dentist, and other retail and office spaces, this multi-tenant building presents a significant investment opportunity. The property sits on a substantial 4.23 acres of land and boasts 20 individual suites, with a minimum divisible space of 1,184 square feet and a maximum contiguous space of 18,990 square feet, providing flexibility for various business needs. Built in 1985, the property is undergoing significant improvements under new ownership. These renovations include exterior painting, a remodeled parking lot, a new roof, and updated monument and pylon signage. The property benefits from 24-hour access and high freeway visibility, ensuring optimal exposure for tenants. Situated in the San Diego North County submarket, specifically the San Marcos cluster, this location offers excellent access to a thriving community. This is a rare opportunity to acquire a well-located, multi-tenant retail center with significant upside potential due to the planned renovations and prime San Marcos location. The property's size and diverse tenant mix make it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a desirable market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Total area 50,304 SF
Lot 3.71 ac (161,607 SF)
Zoning code COMMERCIAL
APN 219-117-49-00
UPID US09-9703936
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SOCAL Veterinary Hospital Veterinary Clinic
  • Rogue Culture Gym & Fitness Center
  • Kevin Garff Ophthalmologist
  • Prestera Medical Group/Opthamologythamology Ophthalmologist
  • Prestera Eye Medical Group Eye Care Center Ophthalmology Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.32M
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.84M
Blend (final) Blend
$7.77M
Owner & transaction history
Ems Holdings LLC · 1 yrs held
Ems Holdings LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2023
$6.3M
2022
$7.1M
2021
$264,000
2019
Price N/A
2018
Price N/A
Zoning & alternative use
COMMERCIAL · San Marcos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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