2559 El Camino Real Carlsbad, CA 92008-1202
This exceptional 117,757-square-foot retail property, situated at 2559 El Camino Real in Carlsbad, California, presents a compelling investment opportunity. Built in 1970 and renovated in 2000, this former Macy's Furniture Gallery within The Shoppes at Carlsbad offers significant value-add potential. The property benefits from a highly visible location with excellent accessibility, boasting heavy foot traffic and superior demographics. Its prime position within a thriving retail node, just off the SR-78 (120,000 vehicles per day) and I-5 (213,085 vehicles per day) freeways, ensures exceptional visibility and convenient access for customers. The surrounding area includes a portfolio of high-volume retailers, further enhancing the property's appeal. This expansive space presents a unique chance for redevelopment, capitalizing on the strong existing infrastructure and advantageous location within San Diego County's commercial hub. The property's size and location make it ideal for a variety of retail uses, offering a substantial return on investment for the right buyer. The zip code is 92008.
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Gold Coffee Shop Cafe & Coffee Shop
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LensCrafters at Macy's (Bike/Boat/Book/etc) Store
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Sunglass Hut at Macy's (Bike/Boat/Book/etc) Store
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MAC Cosmetics Cosmetic Store
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Finish Line (located inside Macy's) (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Carlsbad, CACarlsbad. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.