, Encinitas, CA 92024
-
Listed Price :
$5,450,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1998
Property 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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| City |
Encinitas |
| State |
CA |
| Zip |
92024 |
| County |
San Diego |
| Listing Agent |
Jeff Kane DRE #01915649 |
| Courtesy Of |
Coldwell Banker West |
| List Price |
$5,450,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Office |
| Structure Size |
N/A |
| Lot Size |
N/A |
| Year Built |
1998 |
Listing information courtesy of: Jeff Kane, Coldwell Banker West. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
