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Property profile & analytics
FOR LEASE
Strip malls

120 W El Norte Pkwy Escondido, CA 92026

12,950 SF 1.22 ac lot Built 1984
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9240981
Property summary
AI-generated overview

This exceptional retail opportunity is located within the El Norte Broadway Center, a thriving shopping center in San Diego County. The available space, Suite 122, offers approximately 900 square feet of versatile retail space, perfect for a variety of businesses. The entire shopping center encompasses approximately 15,000 square feet, providing ample space for customer parking and foot traffic. This location boasts excellent visibility and accessibility, situated near the intersection of major thoroughfares with high daily traffic volume exceeding 26,776 vehicles. The property benefits from strong daytime demographics and a wealth of surrounding retail amenities, creating a vibrant and attractive commercial environment. The lease rate for Suite 122 is $1.95 per square foot, plus a triple net (NNN) charge of $0.40 per square foot. This property is ideally suited for businesses seeking high visibility and a strong customer base in a well-established retail center. A video showcasing the property is available online. The property is classified as a multi-tenant retail strip center. The total building size is 9,319 square feet. This is a fantastic opportunity to establish or expand your business in a high-traffic, desirable location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1984
Total area 12,950 SF
Lot 1.22 ac (53,143 SF)
Zoning code COMMERCIAL
APN 226-210-41-00
UPID US09-9240981
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
  • Go-Mart (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • El Norte Broadway Center Business Service Center Corporate Office
  • InstaBitATM Bitcoin ATM Atm
  • Western Union Bank Credit Union
  • GetCoins Bitcoin ATM Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.81M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.00M
Owner & transaction history
El Norte Parkway LLC · 18 yrs held
El Norte Parkway LLC
since 2008
4 recorded transactions
2008
Price N/A
1997
$1.3M
1989
$2.0M
1969
Price N/A
Zoning & alternative use
COMMERCIAL · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning | Escondido, CA
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