JUST SOLD: 30,686 SF Multi-Tenant Retail Center - Escondido, CA

Friday, November 4, 2016

Summary of Sale: Investment sale of a 30,686 SF multi-tenant retail center located in the heart of Escondido. The leasehold interest consists of 3 buildings located on 3 parcels at the signalized intersection of 309-357 W Mission Ave and 765 N Escondido Blvd. The Buyer, WL Investments of San Diego, plans to remodel and upgrade the center. ECP Commercial has been retained by the Buyer to handle the retail leasing.

Address: 765 N. Escondido Blvd & 309-357 W. Mission Ave, Escondido, CA 92025

Sale Date: 11/4/2016

Sale Price: $1,786,000

Title/Escrow: Chicago Title

Seller & City Located: EMC Partners, a California General Partnership – San Diego

Seller Representation: Frank Clark and Mike Conger, ECP Commercial

Buyer & City Located: PWI EMC, LP, a California Limited Partnership – San Diego

Buyer Representation: Brian Jenkins and Mike Conger, ECP Commercial

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