For Sale
$4,500,000

640 Grand AveSan Marcos, CA 92078

Prime San Marcos storefront, owner-user opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional freestanding retail building, located at 640 Grand Ave in San Marcos, CA, presents a compelling investment opportunity. The 6,110 square foot property, built in 1988, sits on a 0.51-acre lot and features two units, currently 50% occupied under a NNN lease. The asking price is $4,500,000, translating to $736.50 per square foot. The property boasts 26 parking spaces, a significant advantage in a high-traffic area. Its prime location on a major thoroughfare provides excellent visibility and convenient access to Highway 78, connecting I-5 and I-15. The building benefits from its proximity to Creekside Marketplace, a thriving retail center attracting over 5.8 million annual visits. This synergistic location, coupled with the presence of nearby CSU San Marcos and Palomar College (with a combined enrollment of approximately 45,500 students), ensures a robust customer base. The property's zoning is C-Commercial, allowing for a variety of uses. The fee-simple ownership structure offers significant potential for an owner-user seeking to capitalize on attractive SBA loan rates, customize the vacant space, and enjoy both equity appreciation and pride of ownership. This is a rare opportunity to acquire a well-positioned retail property in a thriving San Diego County market. The property's address is 640 Grand Ave, San Marcos, CA 92078, and its APN is 219-270-41.

Highlights

  • 6,110 SF freestanding retail building on a 0.51-acre lot in San Marcos, CA, with 26 parking spaces.
  • Excellent visibility and access to Highway 78, connecting I-5 and I-15. Across from Creekside Marketplace, a high-traffic retail center.
  • Owner-user opportunity with SBA loan potential; currently 50% occupied under NNN lease.
  • High traffic area with ample on-site parking.
  • Near CSU San Marcos and Palomar College, with a combined enrollment of approximately 45,500 students.

Property Details for 640 Grand Ave

Property type
Retail properties, Retail space
Square Feet
6,110 SF
Year Built
1988
Buildings
1
Stories
1
Lot Size (sq. ft)
22,216 SF
Units
2

Location Insight

City
San Marcos
County
San Diego
State
California
Latitude
33.1357352
Longitude
-117.1788301
640 Grand Ave, San Marcos, California

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640 Grand Ave
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