Lee & Associates Carlsbad

Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 315 W Washington Ave in Escondido, CA.  The 17,908 square foot retail building sits on a 2.12 acre lot and is adjacent to City Hall and the California Center for the Arts. Michael Golden of Lee & Associates – North San Diego County represented the Seller, Malakooti & Kaikavoosnejad Revocable Trust.  The Buyer, Goodwill Industries of…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 1320 Grand Ave in San Marcos.  The investment property features 52,250 square feet divided into approximately 37 suites.  The suites are from 824-3,744 square feet each.  “This asset type is in very high demand in today’s market because of its small unit sizes, freeway visible location, and the overall strength of the industrial market in…

Vista, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the sale an 11,971 square foot net leased investment property located at 1046-1050 La Mirada Court, Vista.  At the time of sale, the building was leased on a long-term basis by H2O Innovation USA, Inc who specializes in water filtration, wastewater treatment and water reuse. The property was sold for $2,454,000 ($205/SF) with a first year Capitalization Rate…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.925M sale of a 22,565 square foot industrial building located at 674 Rancheros Drive. The building features a 20,000 square foot paved fenced yard area, 8,000 SF office space, 5 Dock High Doors, and 1 Grade Level Door. Rusty Williams, Chris Roth and Jake Rubendall of Lee & Associates – North San Diego County, represented the…

San Marcos, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $3.9M sale of an 18,452 SF industrial building located at 307 E Carmel Street in San Marcos, CA.  The building features 30% showroom, 30% office and 40% warehouse with freeway frontage directly on Highway 78. The property, formerly occupied by SoCal Piano was purchased by an investor who leased the facility to Chefs Toys, LLC under…

Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $940,000.00 sale of a 5,400 SF multi-tenant industrial building. The property features four (4) grade level doors, 13’ ceiling clearance and is divided into four (4) 1,350 SF suites. Trent France of Lee & Associates – North San Diego County represented the Seller, Blue Peters Holdings LP. The Buyer, 3 Gen Holdings, LLC, was represented by Kameli…

The Retail Pharmacy Sector The Retail Pharmacy sector has been a safe and solid investment for investors and 1031 exchange buyers for many years. The two companies dominating the retail pharmacy investments are Walgreens (NYSE: WBA) and CVS Pharmacy (NYSE: CVS). Walgreens and CVS both have investment-grade credit rating of BBB. These companies have both been very active with mergers, acquisitions in an effort to enhance their stance in the pharmacy sector. Just last year,…