1815 E Valley Pky - Storefront FOR SALE


Escondido, CA 92027- Midway
$4,995,000 USD
510-930-2175
1815 E Valley Pky, Escondido, CA for Sale
$4,995,000 USD
Storefront - FOR SALE
1/5
null | 5.62% Cap Rate

1815 E Valley Pky
Escondido, CA 92027
Midway


HIGHLIGHTS

  • Acquire Parkway Villa Center, a fully leased, vibrant retail strip showcasing a carefully curated mix of local businesses.
  • Premier placement near the 78 Freeway and I-15, offering quick access to residential areas, wineries, breweries, and Downtown San Diego.
  • Significant upside potential exists by adjusting rents to market rates, which can drive higher net operating income and increased property value.
  • Located in a prime essential retail hub alongside major national anchors like Walmart, Albertsons, CVS, and The Home Depot.

OVERVIEW

Parkway Villa Center at 1815 E Valley Parkway is a charming strip center lined with palm trees in Escondido, California. The center has pylon signage visible to the 30,698 vehicles passing by on E Valley Parkway daily. Comprising over 15,300 square feet across two retail buildings, this center is home to a mostly locally owned, diverse tenant mix that brings frequent traffic. Parkway Villa Center houses tenants including Wingstop, Ding Tea Escondido, La Michoacana, Lee Nails, Valley Physical Therapy, Fiesta Mexicana Bakery, and Nuestro Secreto. Shoppers and employees have ample parking in the front and rear of the center for ultimate convenience for all-day errands. This inviting center is one block away from Valley Plaza, Vineyard Square Shopping Center, and Escondido Village, with a collection of well-known retailers like The Home Depot, department stores like Walmart, and grocery stores like Albertsons. Parkway Villa Center is close to the 78 Freeway and Interstate 15 for those traveling to and from nearby residential communities, wineries and breweries, and Downtown San Diego. Over 183,421 residents live within a 3-mile radius and earn an average household income of over $98,837. These residents accounted for an impressive consumer spending of over $2.2 billion in 2023.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

5.62%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkway Villa Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

CG

APN/PARCEL ID

231-060-74

ASK ABOUT THIS PROPERTY

Bing UdinskyBing UdinskyMore Info
510-930-2175

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Bing UdinskyBing UdinskyMore Info
510-930-2175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.