701-723 S. Escondido Blvd2017-05-19T00:30:31+00:00

701-723 S. ESCONDIDO BLVD
SOLD

About this property

This retail investment opportunity is located at 701-723 South Escondido Boulevard in Escondido, CA. The property offers an investor the opportunity to purchase a stabilized multi-tenant retail investment property at below replacement cost. The property is in excellent physical condition with no deferred maintenance. Five of the six tenants are on multi year leases with built in 3% annual rental increases. The sixth tenant is on a month to month at below market rent offering a new investor the opportunity to increase cash flow immediately.

Property highlights

  • ±6,950 SF building on a ±13,000 SF lot
  • Six Tenant retail storefront
  • 21 onsite parking spaces
  • Abundant onstreet parking
  • Traffic Count = 14,000 cars per day