Contacts
Cushman & Wakefield
Property Details
- Property Type Office
- Year Built 1969
- Date Updated Jan 17, 2025
333 S. Juniper Street is a 2-story multi-tenant office building located on the eastern border of downtown Escondido. The building is prominently located on the NWC of S Juniper Street and 4th Avenue. The building caters to local professionals requiring small suites ranging from a single office to 1,220 square feet. There are a total of 30 suites currently 89.9% occupied. The project is surfaced parked with 50 stalls which is a ratio of 3.8/1,000 SF. There is also ample parking along Juniper Street and 4th Avenue. Tenants enjoy the ability to walk to nearby amenities such as multiple restaurants, banking and other services in the downtown Escondido area.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Residential Conversion : The property is located within the Adaptive Reuse Area and can be converted to residential with a density of up to 45 DU/acre.
- Owner-User Opportunity : Existing tenants are all short-term leaving a buyer the opportunity to assemble up to 13,180 square feet by April 2025. Given the in-place income a buyer will have low occupancy costs as well as depreciation write-offs, principal paydown and building appreciation.
- Significant Upside : A savvy buyer can increase cash flow by converting leases to plus utilities ($.30/sf) and charging on rentable area instead of usable (12%-15%), as is market standard. Additionally, rents are estimated to be 15.67% under market. Suites under 700 SF are hard to find and demand much higher rents than traditional suites that are 1,500+ SF. It is very expensive for a landlord to demise and create small suites. The smaller the suite, the more of an increase it will demand. There are 21 suites under 700 SF (70%). It is suggested the new ownership quote these small suites on a whole dollar amount vs. a price per square foot amount, similar to renting an apartment.
Getting around
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95/100
Walk Score ®
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49/100
Transit Score ®
-
56/100
Bike Score ®
Location
- City Escondido, CA
- Zip Code 92025
- Market San Diego
Points of Interest
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Escondido Transit Center
0.72 miles
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United Oil
0.23 miles
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Cstop
0.38 miles
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US. Gas
0.40 miles
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California Super Gas and Food Store
0.43 miles
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Golden State Gasoline
0.53 miles
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Sun Valley Fuel
0.58 miles
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7-Eleven
0.60 miles
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Arco
0.62 miles
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Quik Korner
0.63 miles
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Tesla Supercharger
0.78 miles
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Lot 4
0.09 miles
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Lot 2
0.10 miles
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Lot 6
0.14 miles
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Lot 3
0.19 miles
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Lot 1
0.20 miles
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Lot 5
0.21 miles
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Lot 7
0.23 miles
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North Broadway Park And Ride
0.93 miles
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Felicita Plaza Park And Ride
1.29 miles
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Howard Johnson
0.66 miles
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Escondido Inn
0.66 miles
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Econo Lodge Inn & Suites Escondido Downtown
0.67 miles
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Super 8 Escondido
0.74 miles
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Mt. Vernon Inn
0.84 miles
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Motel 6 Escondido
1.00 miles
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Holiday Inn Express Hotel & Suites
1.27 miles
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Comfort Inn
1.34 miles
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Rodeway Inn
1.53 miles
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Motel Mediterán
1.95 miles
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Smart & Final
0.48 miles
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Northgate Market
0.58 miles
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Food 4 Less
0.61 miles
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Stater Bros.
0.62 miles
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Sprouts Farmers Market
0.84 miles
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Escondido Village
1.10 miles
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Jimbo's Naturally
1.12 miles
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Walmart Neighborhood Market
1.13 miles
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Vallarta
1.16 miles
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Target
1.21 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Cushman & Wakefield
