Warehouse

N Quince Industrial Portfolio

Listing Price: $3,600,000

Cap Rate
6.25%
Gross SF
15,700
Price/Gross SF
$229.30
Lot Size
1.63 acres
Year Built
1960
Rentable SF
15,700

Investment Overview

Marcus & Millichap is pleased to present for sale a newly renovated multi-tenant industrial property located at 520 North Quince Street in Central Escondido, California. This exclusive offering encompasses two parcels of land, together covering just under 60,000 square feet. The largest parcel includes two separate multi-tenant industrial buildings with 11 suites totaling 15,700 square feet, situated on a 1.19 “L”-shaped acre of land. The smaller parcel consists of a 7,327 square foot rectangular lot which is embedded within the larger parcel to comprise a seamless rectangle. The property underwent a massive upgrade in May of 2015, including a brand new façade, new exterior LED lighting, repaved parking lots and much more. The property itself is located just outside of Escondido’s central business district, less than one mile from the California Center for the Arts, Escondido and the Civic Center Plaza Shopping Center. Just one block away from the subject property, a parcel was purchased in December 2015 with plans to build multi-family housing. The location is easily accessible to North County San Diego’s central transport corridors in Interstate 15 and Highway 78.

Investment Highlights

  • 100% Leased Multi-Tenant Industrial Portfolio
  • Includes Separate Tow-Yard with CUP and 10-Unit Industrial Building
  • Renovated in 2015 with New Roof, Electrical, Plumbing, Facade & Parking Lot

Exclusively Listed By

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

  • Trent Carvolth

    Associate

    Email Trent

    License(s): CA: 01713737

    San Diego

  • Ali Valiahdi

    Associate

    Email Ali

    License(s): CA: 01980677

    San Diego

Warehouse

N Quince Industrial Portfolio

Listing Price: $3,600,000

Cap Rate
6.25%
Gross SF
15,700
Price/Gross SF
$229.30
Lot Size
1.63 acres
Year Built
1960
Rentable SF
15,700

Investment Highlights

  • 100% Leased Multi-Tenant Industrial Portfolio
  • Includes Separate Tow-Yard with CUP and 10-Unit Industrial Building
  • Renovated in 2015 with New Roof, Electrical, Plumbing, Facade & Parking Lot

Investment Overview

Marcus & Millichap is pleased to present for sale a newly renovated multi-tenant industrial property located at 520 North Quince Street in Central Escondido, California. This exclusive offering encompasses two parcels of land, together covering just under 60,000 square feet. The largest parcel includes two separate multi-tenant industrial buildings with 11 suites totaling 15,700 square feet, situated on a 1.19 “L”-shaped acre of land. The smaller parcel consists of a 7,327 square foot rectangular lot which is embedded within the larger parcel to comprise a seamless rectangle. The property underwent a massive upgrade in May of 2015, including a brand new façade, new exterior LED lighting, repaved parking lots and much more. The property itself is located just outside of Escondido’s central business district, less than one mile from the California Center for the Arts, Escondido and the Civic Center Plaza Shopping Center. Just one block away from the subject property, a parcel was purchased in December 2015 with plans to build multi-family housing. The location is easily accessible to North County San Diego’s central transport corridors in Interstate 15 and Highway 78.

Exclusively Listed By

  • Ben Tashakorian

    Senior Managing Director Investments

    (858) 373-3176

    Email Ben

    License(s): CA: 01333884

    San Diego

  • Trent Carvolth

    Associate

    Email Trent

    License(s): CA: 01713737

    San Diego

  • Ali Valiahdi

    Associate

    Email Ali

    License(s): CA: 01980677

    San Diego

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