2232 Encinitas Blvd - Day Care Center FOR SALE


Encinitas, CA 92024
$5,000,000 USD
760-518-6552
2232 Encinitas Blvd, Encinitas, CA for Sale
$5,000,000 USD
Day Care Center - FOR SALE
1/13
null | 5.24% Cap Rate

2232 Encinitas Blvd
Encinitas, CA 92024


HIGHLIGHTS

  • Financially Strong National Tenant
  • 1 year left on lease, plus (1) 5 year option
  • Highly Visible Location on Encinitas Blved
  • Single Tenant NNN Lease

OVERVIEW

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$660 USD /SF

CAP RATE

5.24%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

259-231-78

ASK ABOUT THIS PROPERTY

Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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Nick KaneColdwell Banker Commercial-WestMore Info
760-518-6552

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