For Sale
$1,700,000

400 5Th AveEscondido, CA 92025

Three-building medical complex, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents three medical office buildings totaling 8,317 square feet situated on a 0.49-acre lot in Escondido, California. The property, located at 400, 410 & 420 West 5th Avenue, boasts a prime location at the prominent corner of 5th Avenue and Orange Street, ensuring high visibility and significant drive-by traffic. Built in 1972, the buildings are currently 100% occupied, generating a strong return on investment. Each building offers the potential for standalone occupancy, providing flexibility for future use or expansion. Separate parking lots serve each building, ensuring ample parking for tenants and visitors. The property is zoned SPA-9 and features three distinct parcels, identified by APN numbers 233-132-07, 08 & 09-00. The asking price is $1,700,000, translating to $204 per square foot. This represents a compelling opportunity to acquire a well-located, fully occupied medical office complex in a thriving San Diego County market. The property's strong occupancy rate, prime location, and potential for future development make it an attractive investment for discerning buyers.

Property Details for 400 5Th Ave

Property type
Retail properties, Office properties
Square Feet
8,317 SF
Year Built
1972
Buildings
3
Lot Size (sq. ft)
21,344 SF

Location Insight

City
Escondido
County
San Diego
State
California
Latitude
33.1161128
Longitude
-117.0835122
400 5Th Ave, Escondido, California

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400 5Th Ave
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