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5055 Avenida Encinas 21,000 SF 95% Leased 4-Star Office Building Carlsbad, CA 92008 For Sale
INVESTMENT HIGHLIGHTS
- 20,375 SF 2-Story Office Building with 93% Occupancy
- Brand New HVAC System, Elevator, Window Lines, Entrances, Lobby and Landscaping
- West of I-5, Walking Distance to Restaurants and Beach
- Listed for $100 per SF Less than Average Office Comps West of I-5
- Flexible Leasing Option Allow for Full Building Occupancy within 12 Months
EXECUTIVE SUMMARY
The Tashakorian Group of Marcus & Millichap is pleased to present the extremely rare opportunity to acquire Plaza Encinas, a fully
renovated, oneof-a-kind office building west of the I-5 Freeway in Carlsbad, CA. The Property consists of a two-story, about 20,375 square foot office building less than a quarter mile from Interstate 5 and within a 10-minute walk to the beach. Built in 1985, the building features a wood frame and stucco construction and sits on a 1.0-acre parcel. The Property is extremely flexible, allowing for an Owner-User or tenant to easily utilize the entire building.
The Property began a full transformation in late 2020 with renovations completing in late 2023. Renovations include a new façade, window line, front and patio doors, exterior lighting, and parking resurfacing. Additionally, HVAC systems with individual climate controls and new desert landscaping was added to allow for more efficient management of the Property. The lobby was fully updated, and a brand-new elevator was added along with a new security system.
renovated, oneof-a-kind office building west of the I-5 Freeway in Carlsbad, CA. The Property consists of a two-story, about 20,375 square foot office building less than a quarter mile from Interstate 5 and within a 10-minute walk to the beach. Built in 1985, the building features a wood frame and stucco construction and sits on a 1.0-acre parcel. The Property is extremely flexible, allowing for an Owner-User or tenant to easily utilize the entire building.
The Property began a full transformation in late 2020 with renovations completing in late 2023. Renovations include a new façade, window line, front and patio doors, exterior lighting, and parking resurfacing. Additionally, HVAC systems with individual climate controls and new desert landscaping was added to allow for more efficient management of the Property. The lobby was fully updated, and a brand-new elevator was added along with a new security system.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1984/2023
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,500 SF
Slab To Slab
10’
Building FAR
0.48
Lot Size
1.00 AC
Zoning
M, Carlsbad
Parking
80 Spaces (3.81 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
- Natural Light
- Wi-Fi
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 100D
- 135 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 100E
- 350 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 100G
- 201 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 100H
- 118 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 100I
- 116 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 100K
- 225 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 120
- 1,250-10,200 SF
- Office
- Full Build-Out
- 30 Days
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100D | 135 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 100E | 350 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 100G | 201 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 100H | 118 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 100I | 116 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 100K | 225 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 120 | 1,250-10,200 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 200 | 2,500-10,175 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste 100D
| Size |
| 135 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100E
| Size |
| 350 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100G
| Size |
| 201 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100H
| Size |
| 118 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100I
| Size |
| 116 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100K
| Size |
| 225 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 120
| Size |
| 1,250-10,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 200
| Size |
| 2,500-10,175 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 2,500-10,175 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
1 1
PROPERTY TAXES
| Parcel Number | 210-090-44 | Improvements Assessment | $2,550,000 |
| Land Assessment | $3,723,000 | Total Assessment | $6,273,000 |
PROPERTY TAXES
Parcel Number
210-090-44
Land Assessment
$3,723,000
Improvements Assessment
$2,550,000
Total Assessment
$6,273,000
1 of 15
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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5055 Avenida Encinas
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