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Property profile & analytics
FOR LEASE
Community centers

701 S Coast Highway 101 Encinitas, CA 92024

971 SF 0.65 ac lot Built 1984
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7030955
Property summary
AI-generated overview

The Lumberyard Shopping Center presents a unique investment opportunity in the heart of downtown Encinitas, San Diego County. This established retail center, built in 1984, boasts a total of 85,861 square feet and comprises seven individual suites. Currently, there are 8,421 square feet of vacant space available, offering flexible options for prospective tenants. Units range in size from a minimum of 131 square feet to a maximum contiguous space of 2,590 square feet, catering to a variety of retail businesses. The Lumberyard is a highly desirable location, recognized as a premier destination in downtown Encinitas, benefiting from ample on-site parking for customers. Its strategic location within this sought-after trade area in Coastal North County provides exceptional visibility and accessibility. This property offers a compelling combination of established tenancy, flexible space options, and a prime location within a thriving coastal community. The opportunity to acquire a well-positioned retail center in a high-demand area like downtown Encinitas is rare and presents significant potential for long-term growth and return on investment. The existing infrastructure and established customer base provide a solid foundation for future success.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1984
Total area 971 SF
Lot 0.65 ac (28,314 SF)
Zoning code COMMERCIAL
APN 258-190-20-00
UPID US09-7030955
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
  • Flock Freight Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bellflower Capital LP · 19 yrs held
Bellflower Capital LP
since 2007
4 recorded transactions
2017
Price N/A
2007
Price N/A
2000
$11.4M
1997
$6.9M
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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