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607 W 9TH AVE Escondido CA 92025-4709

APN 2360320500

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Details
Property Type Retail
Sub Type Shopping Center
Building SqFt 14,016
Lot SqFt 28,000
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code S-P
Year Built 1953
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Grocery Store, Storefront
Asking Details
Asking Price
$3,200,000
Marketing Description

This 14,016 SF building is situated on a 27,443 square foot lot on the corner of 9th Ave and S Quince Street in Escondido, California.​

The property was constructed in 1953 and fully renovated in 2019 including a major power upgrade required for Family Dollar.​ Family Dollar filed for bankruptcy and a portion of the building was leased to Cuppa Pug leaving 10,000 SF available for an Owner/ User to occupy.​

Cuppa has successfully operated at this site for several years and recently expanded into an adjacent suite.​

Property Type
Property Type
Retail
Property Subtype
Shopping Center
Marketing Description

The offering represents a 100% leased NNN property with two tenants. The 14,016 SF building is situated on a 27,443 square foot lot on the corner of 9th Ave and S Quince Street in Escondido, California. The property was constructed in 1953 and fully renovated in 2019 including a major power upgrades. New Lease with Smokin Hot Deals and Cuppa-Pug recently expanded into the adjacent space.

Escondido is the largest city in North County San Diego, home to a sprawling landscape, a diverse population, and a rapidly growing downtown that serves as the city’s lifestyle hub. Located 30 miles northeast of downtown San Diego and 20 minutes from the coast, Escondido is home to major attractions, beautiful wineries, craft breweries, unique arts and theatre, delicious culinary experiences. Escondido is one of the oldest cities in San Diego County and was established in 1888. In the most recent census, Escondido recorded a population of 151,014 in 2020.

Investment Highlights

100% Net Leased Retail Center

Two Retail Tenants

Signalized Intersection

San Diego MSA

NOI: $239,399

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Relationship Type
******
Mortgage Recording Date
******
Mortgage Term
******
Document Number
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Document Date
******
Mortgage Document Number
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
SM
Simon Mattox PRO
LIC: CA 01732008
•••.•••.6229
•••••.••ttox@••••••.com
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