Commercial Real Estate: Office Condos in Escondido For Sale/Rent
With 30% down ($140k) and good credit, the downpayment should earn an 8.4% c on c return. A 7.8% cap rate, 10.4 GRM single tenant leased investment to Fred Finch Youth Centers, an organization that incorporated in California in the year 1891. Current lease term runs until 6/30/2013. Tenant has 3 year option to extend the lease term. 3% annual rent increases. Tenant is responsible for all property related maintenance issues except structural. Landlord pays taxes and insurance . Building constructed in 2004. Current lease rate is $1.47psf modified gross which is in the mid to slightly below average for rents on similar properties in the area. A lease abstract showing landlord and tenant responsibilities can be found at www.TIECommercial.com. With $140k downpayment, the investor should be getting 8% or better return on his downpayment (buyer to verify) which is quite a bit better than he can expect if his funds are currently liquid in a CD or Money Market. Call Rob Pew at 760.746.4333 for a look inside.
Listing courtesy of: Robert William Pew, Broker
Listing courtesy of: Hanson Realty
Great for dentist, doctor, chiropractor or other medical user. Could also be for accountant, attorney, etc. A short walk from Office Depot, Radio Shack, Fresh and Easy Market, McDonalds and more. 230-192-03 / HP (Hospital Professional) Central / Tier 1, Downtown Redevelopment. Shown by appointment - Call Rob Pew, TIE Commercial at 760.746.4333
Listing courtesy of: Robert William Pew, Broker
3 tenants currently occupy approximately 50% of the interior floor space in 3 (of the 6) offices. Total rents for all 3 current tenants approximately $1,100 per month. All rental agreements are month to month. Two tenants have psychiatric practices and the other a religious office. Approximate lot size lot size 9,583 sf / building size 1,619 square feet. Building configured with central entry-foyer area just inside the front double entry doors. Entry-foyer surrounded by 3 small offices on either side (6 total) with a bathroom and shower in the rear of the building. Crawl space below, building constructed on block stem wall. Walking distance (1/10th mile) from the very vibrant retailcommercial Ash and East Valley Pkwy trade area. Subject property is in transitionary area between the hospital professional (HP) zone to the west and the commercial general (CG) zone to the east and north.
Listing courtesy of: Robert William Pew, Broker
4000 SF of Prime Escondido business district office space for lease. Owner willing lease as little as 2000Sf. Plenty of parking in the rear of the building.
Listing courtesy of: Real Estate Center
Located in the Escondido Downtown Area on a busy street. Lots of dre by traffic Space can be divided into smaller units 500-1650
Listing courtesy of: Real Estate Center
Small office building for lease. All or partial. 2 offices, conference room, reception area and waiting room, with 1 bathroom. Owner would prefer to keep 1 office and share conference room. Entire building is available. This property has a great backyard setting and entire property is beautifully landscaped.
Listing courtesy of: Keller Williams North County
Great downtown Escondido Office Building. Gated garage parking. Building has elevator and was completely refurbished in 2007. Move in Special!!. Up to 3 months free rent on a 27 month lease for qualified tenants. Tenant improvements available.
Listing courtesy of: Chou Team Realty, Inc.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real Estate listings held by brokerage firms other than this firm are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Information is believed to be reliable, but not guaranteed. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Last Updated: 2010-03-03 11:20:00
Source: Sandicor Regional MLS
