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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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Address Not AvailableEncinitas CA, 92024

(Active)
$5,500,000
|
7,579 sqft
|
MLS# NDP2305966
Last Updated: 5/17/2024 6:34 AM
Description for Address Not Available Encinitas, CA 92024
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.
Price
$5,500,000
San Diego
7,579 (approx)
NDP2305966
Active
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.
Listing Information
Property Type: Office, Business Opportunities, 2 Story
0.55 Acres Assessor 7,579 (approx)
1998 2
Public
2 Total
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Commercial
Level
Driving Directions
From I-5, take Encinitas Blvd exit heading east. Property is near corner of Encinitas Blvd and Rancho Santa Fe Rd/Manchester Ave, across from Harvest Ranch Market. Or, from I-5, take Manchester Ave exit heading East, Left on Encinitas Blvd.
Financial Considerations
2592317800
Cash,Conventional
Listing Price History

Encinitas Real Estate

Encinitas is located in California. Encinitas, California 92024 has a population of 61,755.

The median household income in Encinitas, California 92024 is $120,846. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in Encinitas 92024 is 38 years.

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Listing Agent: Jeff Kane CalDRE: 01915649 - Coldwell Banker West, JeffKaneRE@gmail.com
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This content last refreshed on 5/17/2024 6:34 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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