2211 ENCINITAS BLVD Encinitas CA 92024-4361

This presents a unique opportunity to acquire an asset in the high barrier to entry Encinitas market. According to CoStar.com, only  three office buildings between 5K SF and 20K SF have sold in the  last twenty-four months. The Encinitas office market has a total of approximately eight nine thousand square-feet of office space with a historically low vacancy rate of 4% percent. 

Existing income from office tenant occupying approximately 6,831 SF of the building and the unique opportunity for an owner-user to occupy the remaining 4,169 SF. The property is secured by Rancho Santa Fe Executive Suites, with 2 Years remaining on the original 5-year lease, and (2) 2.5-Year options. The first floor is vacant and will be delivered fully furnished, ready for immediate occupancy. The building has been completed with the highest end tenant improvements and build out. Exterior recently painted, parking lot resealed and striped, with new landscaping and irrigation installed within the last year. 

The property is located at the intersection of Encinitas Blvd and Manchester Ave/Rancho Santa Fe Road in the SE corner of Encinitas. A Short drive to the Rancho Santa Fe, Olivenhain, Cardiff communities and only a 10-minute drive to Freeway 5.

• High Barrier to Entry Encinitas Market - Rare Opportunity 
• First Floor Ready for Immediate Occupancy (4,169 SF)
• To Be Delivered Fully Furnished
• Monument Signage Available on Encinitas Blvd
• In-Place Monthly Income from 2nd Floor Tenant Secured by a (NN) Lease 
• High Quality Tenant Improvements and
• Ample Parking Available
• Seller Finance is Required as a Condition to the Sale
• Only Three Office Sales in 92024 in the Past 24 Months according to CoStar 
• Parking Ratio - 4.0/1,000 SF