221 Crst St Escondido, CA 92025-1739

Property Details for 221 Crst St

Year built

1991

Lot size

1.57 lot acres

Property size

31,998 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

229-120-75-00

APU

2291207500

Description

This exceptional three-story, Class B office building, totaling 32,001 square feet of net rentable space, is situated on a 1.57-acre lot in Escondido, California (zip code 92025). Built in 1991, the property features a high-end design, including a large, impressive lobby, significant glass frontage, and building-top signage. A fenced parking lot with an automated gate provides ample parking. Currently vacant, this owner-user opportunity allows for immediate occupancy of the entire building, offering significant lease savings. The building's layout includes large floor plates, making it ideal for a corporate headquarters or a business requiring substantial space. The property's location at 221 W Crest St offers convenient access to major transportation arteries, including the I-15 and CA-78 freeways, providing easy commutes for employees and clients throughout North County San Diego and Central San Diego. Escondido's strategic location within the thriving North County San Diego market, known for its concentration of technology, life sciences, and manufacturing businesses, makes this property a highly desirable investment. The asking price is $7,500,000, translating to $234.37 per square foot. The property's potential is further enhanced by the possibility of acquiring an adjacent parcel, which could significantly increase the parking ratio. This presents a rare opportunity to acquire a substantial, well-located office building in a rapidly growing area.

Location Insight

City

Escondido

County

San Diego

State

California

Longitude

-117.088

Latitude

33.1305

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments