$719.09 Per Sq Foot $29,257 est/mo Sourced by Back At You

MLS Number: NDP2305966

Share with a friend

Description

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

Details

MLS#NDP2305966
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1998
Days On Site349
Listing Provided ByColdwell Banker West 619-737-2126 | Jeff Kane
Buying Commision$0

Features

SQ Feet7,579
Story(s)2
Units2
Building(s)2
ZoningCommercial
Acreage0.55

Market Activity 92024

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 6 minutes ago
StateCA
CountySan Diego
CityEncinitas
Zip Code92024
Area92024 Encinitas
Listing VS Median (in 92024)
Price:
$5,450,000
low | high
Med:
$1,749,000
100% of Average
SqFt:
7,579
low | high
Med:
1,322
100% of Average
$ / SqFt:
$719
low | high
Med:
$1,323
33.981332148954% of Average
On Site:
349
low | high
Med:
28.000000
100% of Average
Sourced by Back At You
Listing Updated: July 15, 2024 at 1:25:34 PM PDT