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Investment Highlights
- Affordable Entry-Point Ownership — At $975,000 for a fully built-out, freestanding medical building
- Growing Patient Base at the Doorstep — The adjacent Palomar Heights project will deliver 510 new residential units to the immediate neighborhood
- Turnkey Clinical Build-Out — The property comes fully improved with exam rooms, a procedure room, lab, and nurses station
Executive Summary
1101 E Pennsylvania Avenue is a 2,004 SF single-story freestanding medical office building offered for sale at $975,000 in the heart of Escondido's established medical corridor. The property is fully built out with turnkey clinical improvements including 5 exam rooms, a procedure room, lab, nurses station, 3 physician offices, reception, waiting room, and 2 restrooms — ready for immediate occupancy with no additional tenant improvement investment required.
Situated on a corner lot with a private gated parking lot, the property offers both exterior building and monument signage opportunities, providing strong street visibility along E Pennsylvania Avenue. The surrounding area is undergoing significant growth, with the nearby Palomar Heights development — a 510-unit, 13.8-acre urban infill mixed-use project — set to bring a substantial new patient base directly to the neighborhood.
Situated on a corner lot with a private gated parking lot, the property offers both exterior building and monument signage opportunities, providing strong street visibility along E Pennsylvania Avenue. The surrounding area is undergoing significant growth, with the nearby Palomar Heights development — a 510-unit, 13.8-acre urban infill mixed-use project — set to bring a substantial new patient base directly to the neighborhood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,004 SF
Building Class
B
Year Built
1989
Price
$975,000
Price Per SF
$486.53
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,004 SF
Slab To Slab
8’
Building FAR
0.29
Lot Size
0.16 AC
Zoning
CR, Escondido
Parking
9 Spaces (4.49 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Alexander Doru Stein
- Professional, Scientific, and Technical Services
- -
- -
- -
- Yale M Kadesky MD
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Alexander Doru Stein | Professional, Scientific, and Technical Services | - | - | - | ||
| Yale M Kadesky MD | Professional, Scientific, and Technical Services | - | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 230-192-01 | Improvements Assessment | $316,200 |
| Land Assessment | $561,000 | Total Assessment | $877,200 |
Property Taxes
Parcel Number
230-192-01
Land Assessment
$561,000
Improvements Assessment
$316,200
Total Assessment
$877,200
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1101 E Pennsylvania Ave
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