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 Interstate 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 Supercenter, Albertsons, CVS, and The Home Depot.

OVERVIEW

Unlock immense potential at Parkway Villa Center, a charming strip center with 9 tenants, lined with palm trees in Escondido, California. 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 many brick-and-mortar 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 offering features a retail center with Amazon-resistant tenants, providing stability and long-term income potential. This inviting center is in the center of it all just one block away from Valley Plaza, Vineyard Square Shopping Center, and Escondido Village. With a collection of well-known retailers like The Home Depot and Walmart Supercenter and grocery stores like Albertsons, consumers flock to this area daily. 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. The area boasts excellent demographics, with over 183,421 residents living within a 5-mile radius and earning an average household income of over $102,000. These residents accounted for an impressive consumer spending of over $2.1 billion. Situated within the greater San Diego market, Parkway Villa Center leverages the economic strength, consumer demand, and growth opportunities of this thriving metropolitan area. San Diego’s economy is supported by three different sectors: innovation, military, and tourism. San Diego has over 140,000 active duty and civilian military employees. More than 80 research institutes, from Scripps Research Institute to Salk Institute for Biological Studies, are located in San Diego. This cluster of research in the Golden Triangle has created one of the strongest life science cores in the United States. The tourism industry had an economic impact of roughly $22 billion for the 2024 fiscal year.

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.