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578 Enterprise St 29,680 SF Industrial Building Escondido, CA 92029 $7,500,000 ($252.70/SF) 5.50% Cap Rate



Executive Summary
New five year triple net lease with no Landlord responsibilities
- 101 year tenant operating history in the submarket
- 3.5% annual rent escalations
- Extremely supply and land constrained market with 3.8% vacancy (3% in this size range)
- Rare, heavy M2 zoning
- Strategic industrial submarket in San Diego County
- Strategic asset for the company with critical cooled distribution space
- Dock high and grade level loading
- Heavy 277/480v power
- 101 year tenant operating history in the submarket
- 3.5% annual rent escalations
- Extremely supply and land constrained market with 3.8% vacancy (3% in this size range)
- Rare, heavy M2 zoning
- Strategic industrial submarket in San Diego County
- Strategic asset for the company with critical cooled distribution space
- Dock high and grade level loading
- Heavy 277/480v power
Property Facts
Amenities
- Fenced Lot
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 228-410-50 | Improvements Assessment | $322,281 |
| Land Assessment | $861,994 | Total Assessment | $1,184,275 |
Property Taxes
Parcel Number
228-410-50
Land Assessment
$861,994
Improvements Assessment
$322,281
Total Assessment
$1,184,275
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578 Enterprise St
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