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2232 Encinitas Blvd

Encinitas, CA 92024

$5,450,000
0 beds0 baths7,579 sqft
Financially Strong National Tenant Highly Visible Location on Encinitas Blvd Over 22,000 Cars Per Day Single Tenant NNN Lease 2.5 years left on lease, plus 5 year option Zero Landlord Responsibilities From I-5, take the Encinitas Blvd exit heading east. The property is near the corner of Encinitas Blvd and Rancho Santa Fe Rd/Manchester Ave, across from Harvest Ranch Market. Or, from I-5, take the Manchester Ave exit heading East, Left on Encinitas Blvd. Commercial Sale - Encinitas, CA 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 childcare and educational facility with thoughtfully designed outdoor play areas, the building stands as a testament to its success and excellent upkeep. The property's pristine condition eliminates the need 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. The current lease expires in approximately 2.5 years with a 5-year option on this NNN lease. The 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.

Agent Information

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Stella BoninProSmart Realty Commercial (AZ) AZRE BR550696000 / Coldwell Banker West (CA) CDRE 01222569
(480) 797-4884
Stella.bonin@yahoo.com
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Listing courtesy of: Coldwell Banker Commercial West