FOR SALE: 2,492 Sq Ft Medical Office Building

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THE OFFERING:

Stand-Alone Medical Office Building – Owner-Occupant Opportunity

Urban West Ventures, as exclusive listing broker, is pleased to present to medical professionals the opportunity to acquire an Owner-Occupant Medical Office Building in the Heart of Escondido’s medical district and adjacent to the newly constructed Palomar Heights 510-home, 13.8-acre urban infill development. 705 E Ohio Avenue, Escondido, CA 92025 (the “Property”), is a 2,492 Sq Ft single-story, stand-alone medical office building with an efficient medical practice floorplan consisting of 4 plumbed exam rooms, a procedure room, waiting room & reception area as well as a conference room, MD office, 2 additional offices/consult rooms, 2 restrooms and a break room/kitchen. The 11,406 Sq Ft (0.26 Acre) corner lot is beautifully landscaped with lawn, mature trees & water feature and offers a dedicated parking lot consisting of 14 surface spaces. The Property is surrounded by plentiful street parking, offers convenient walking access to multiple Breeze bus transit stops & is 1.2 miles to the Escondido Transit Station.

Advantageously located between W Valley Parkway and W Grand Avenue, the Property provides excellent accessibility (only 3.6 miles) from/to Palomar Medical Center, the only designated trauma center in northern San Diego County, consisting of 288 single-patient rooms, 44 emergency & trauma rooms and 11 operating rooms. Additionally, the Property provides convenient access to all of North County San Diego, Central San Diego and the Inland Empire (Riverside County) with a short 1.8-mile drive to Interstate-15. The CA-78 Freeway is only 2.2 miles from the Property and provides direct access to Coastal North County SD consisting of Camp Pendleton, Oceanside, Carlsbad, La Costa and Encinitas.

Surrounded by an abundance of medical practices, professional & service-oriented businesses, and a plethora of existing multi-family residential developments the Property is well-positioned to take advantage of the future growth & development of Escondido. As of JAN 2025, 19 active residential development projects were ‘in process’ while another 28 active commercial, industrial and infrastructure projects were ‘in process’. Nearby Local Attractions include San Diego Zoo Safari Park, Welk Resorts Theatre, California Center for the Arts, Orfila Vineyards, Stone Brewing campus/eatery, Lake Hodges & Elfin Forest Recreational Reserve as well as 7 local golf courses.

A new Owner-Occupant will enjoy the building’s existing medical infrastructure, allowing for near immediate occupancy shortly after the close of escrow. The existing medical practice – Southern California Institute of Neurological Surgery – is also available for sale in conjunction with the Property. Please contact Listing Broker for additional information.

SBA Owner-Occupant lending available with a minimum 10%-15% Down Payment making this medical owner-occupant opportunity extremely attractive & easily attainable.

We encourage all qualified medical professionals to review this CRE investment opportunity.

DISCLAIMER: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Urban West Ventures has not and will not verify any of this information, nor Urban West Ventures conducted any investigation regarding these matters. Urban West Ventures makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of real estate, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Urban West Ventures expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer’s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs.

Like all real estate, this property carries significant risks. Buyer and Buyer’s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Urban West Ventures and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.

PROPERTY OVERVIEW

Market/Submarket: North County San Diego/Escondido

Submarket Cluster: I-15 Corridor

Property Type: Medical Office Building

APN: 230-162-06-00

Address: 705 E. Ohio Avenue, Escondido, CA 92025

Zoning: S-P; Specific Plan / H-P; Hospital-Professional

Building RBA: 2,492 Sq Ft

Lot Size: 11,406 Sq Ft (0.26 AC)

Floor Area Ratio: 0.24

Building Tenancy: Single Tenant

Construction: Masonry

Year Built/Renovated: 1979/1996

Building Class: B

Walk Score: 87 (Very Walkable)

PropZone Score: 9.5

Frontage: Corner of E Ohio Ave & N Fig Street

Parking Ratio: 5.6 per 1,000 SF

Parking Lot: Private Surface Lot – 14 Dedicated Spaces

Accessibility: 31 Miles to San Diego International Airport

TRANSACTED

- STAND ALONE MEDICAL OFFICE BUILDINGS

1. 818-830 E Grand Ave, Escondido, CA 92025

a. Sale Price: $1,500,000

b. Close of Escrow: SEPT 2024

c. Asset Type: Stand-Alone Medical Office Building

d. Rentable SF: 2,061 SF

e. $/SF: $728/SF

f. Year Built: 1969

g. Notes: 0.15 Miles to Subject Property / Purchased by Owner-Occupant

2. 1155 Grand Ave, San Marcos, CA 92078

a. Sale Price: $1,600,000

b. Close of Escrow: AUG 2024

c. Asset Type: Stand-Alone Medical Office Building

d. Rentable SF: 2,555 SF

e. $/SF: $610/SF

f. Year Built: 1978

g. Notes: 7 Miles to Subject Property / Purchased by Owner-Occupant

3. 810 E Grand Ave, Escondido, CA 92025

a. Sale Price: $850,000

b. Close of Escrow: MAY 2024

c. Asset Type: Stand-Alone Medical Office Building

d. Rentable SF: 1,889 SF

e. $/SF: $450/SF

f. Year Built: 1988

g. Notes: 0.10 Miles to Subject Property / Purchased by Owner-Occupant

4. 1101 E Pennsylvania Ave, Escondido, CA 92025

a. Sale Price: $860,000

b. Close of Escrow: SEPT 2023

c. Asset Type: Stand-Alone Medical Office Building

d. Rentable SF: 2,004 SF

e. $/SF: $430/SF

f. Year Built: 1989

g. Notes: 0.6 Miles to Subject Property / Purchased by Owner-Occupant

SALE COMPS

ON-MARKET - STAND ALONE MEDICAL OFFICE BUILDINGS

1. 919 E Grand Ave, Escondido, CA 92025

a. List Price: $995,000

b. Asset Type: Stand-Alone Medical Office Building

c. Rentable SF: 1,800 SF

d. $/SF: $553/SF

e. Year Built: 1957

f. Proximity: 0.25 Miles to Subject Property

g. Parking: 6 Parking Spaces

h. Notes: Vacant Dental Building for Owner-Occupant

2. 899 E Grand Ave, Escondido, CA 92025

a. List Price: $1,175,000

b. Asset Type: Stand-Alone Medical-Professional Office Building

c. Rentable SF: 3,560 SF

d. $/SF: $330/SF

e. Year Built: 1975

f. Proximity: 0.2 Miles to Subject Property

g. Parking: 11 Parking Spaces

h. Notes: First Floor Occupied / 2nd Floor Available / No Elevator

3. 202-204 S Juniper St, Escondido, CA 92025

a. List Price: $999,000

b. Asset Type: Stand-Alone Medical-Professional Office Building

c. Rentable SF: 3,104 SF

d. $/SF: $322/SF

e. Year Built: 1957

f. Proximity: 0.6 Miles to Subject Property

g. Parking: 3 Parking Spaces

h. Notes: Insufficient Parking for Medical Use

4. 136-140 W 3rd Ave, Escondido, CA 92025

a. List Price: $2,000,000

b. Asset Type: Stand-Alone Professional Office Building

c. Rentable SF: 4,350 SF

d. $/SF: $460/SF

e. Year Built: 1896

f. Proximity: 0.8 Miles to Subject Property

g. Parking: 6 Parking Spaces

h. Notes: Historic Property / No Elevator / No Medical Infrastructure In-Place

5. 1760 S Escondido Blvd, Escondido, CA 92025

a. List Price: $1,200,000

b. Asset Type: Stand-Alone Professional Office Building

c. Rentable SF: 3,357 SF

d. $/SF: $357/SF

e. Year Built: 1985

f. Proximity: 2.1 Miles to Subject Property

g. Parking: 11 Parking Spaces

h. Notes: No Elevator / No Medical Infrastructure In-Place

705 E. Ohio Ave.

LOCATION OVERVIEW

TRAVEL TIMES

Drive Proximity (Major Vehicular Arteries / Highways)

- I-15 Access (N/S) – 1.8 miles

- CA-78 Access (E/W) – 2.2 miles

- -5 Access (N/S) – 18.8 miles

Drive Proximity (Airports – Local/Regional/International)

- McClellan-Palomar Airport - 12.8 Miles

- Oceanside Municipal Airport – 23.7 Miles

- San Diego International Airport – 33.5 Miles

- Ontario/John Wayne International Airport – 80.6 Miles

Drive Time Proximity (Surrounding Areas)

- San Marcos – 6.7 miles

- Rancho Bernardo – 8.6 miles

- Rancho Santa Fe – 12.4 miles

- Vista Village – 13.5 miles

- Del Mar – 19.4 miles

- Carlsbad Village – 19.9 miles

- Oceanside – 21.6 miles

- Fallbrook – 24.1 miles

- Camp Pendleton – 24.3 miles

- Torrey Pines Golf Course – 28.2 miles

- Temecula – 29.6 miles

- La Jolla Village – 31.3 miles

- San Diego (Downtown) – 32.2 miles

- San Clemente/Orange County – 42.6 miles

- Mexico-San Diego Border – 45.4 miles

- Irvine – 69.4 miles

- Los Angeles – 104 miles

- Palm Springs – 110 miles

ESCONDIDO – THE BEST OF NORTH COUNTY SAN DIEGO

(courtesy of www.sandiego.org)

Nestled within the foothills of North Inland San Diego, Escondido is rich in history and culture. One of the oldest cities in San Diego County, it is home to the world-class California Center for the Arts, Niki de Saint Phalle’s vibrant sculpture garden, and a charming downtown lined with restaurants, museums, art galleries and eclectic shops. The San Diego Zoo Safari Park is a must-see attraction and Stone Brewing World Bistro & Gardens is serving up the best food to pair with their world-class beers. You also don’t have to venture far to find yourself hiking and mountain biking at Daley Ranch, fishing at Dixon Lake or wine tasting at a local vineyard.

• Escape to the savannas of Africa at the 1,800-acre San Diego Zoo Safari Park where you’ll witness more than 3,500 rare and exotic animals roaming free within several large habitats. Venture into the enclosures aboard the African Tram to view giraffes, rhinos, antelope and more; come face-to-face with animals from a Caravan, Cart or Behindthe-Scenes Safari; and soar like a California condor over the wildlife with a Flightline Safari.

• From Broadway musicals and dance performances to heart-felt theatrical experiences, the California Center for the Arts, Escondido showcases a vibrant and eclectic season of world-class entertainment in its large concert hall and 400-seat theater. The 12-acre campus also boasts a museum featuring painting, sculpture, photography and installations highlighting the art of this century.

• Tucked away in Escondido’s Kit Carson Park, Queen Califia’s Magical Circle is the only American sculpture garden created by internationally acclaimed French-American artist Niki de Saint Phalle. The garden is filled with nine monumental sculptures covered by reflective colored tiles and stones that symbolize mythic figures related to California’s history. A maze-like pathway guards the entrance, while playful serpents encircle the garden walls.

• Mountain biking and hiking enthusiasts can head to Daley Ranch, a 3,058-acre wilderness preserve with over 20 miles of trails winding through Engelmann oaks, coastal sage scrub, chaparral and grasslands. On the second Saturday every month, take a break for a ranger-led tour of the Ranch House and other period outbuildings.

• Whether you’re looking to hook a record-breaking trout or catch something to fry up for dinner, a trio of troutstocked lakes—Dixon, Hodges and Wohlford—provide the perfect setting for your next fish tale.

• Test your luck at one of several nearby casinos, including Harrah's Resort Southern California, Pala Casino and Valley View Casino.

• Recognized as one of the nation’s best breweries, Stone Brewing produces rich, sophisticated and expertly handcrafted microbrew. Accompanying its signature beers, the Stone Brewing World Bistro & Gardens offers an innovative, organic menu that leans heavily toward items that are locally fresh and naturally raised, tossed liberally with spices, unique sauces and influences from around the world, all served in a stunning setting that features award-winning architecture and a gorgeous al-fresco patio.

• Set in the rolling hills of the San Pasqual Valley, the 70-acre Orfila Vineyards & Winery is situated within a 10,000-acre agricultural preserve. Tour the winery, taste their award-winning varietals and then picnic while soaking up views of the valley. Escondido's wine region offers over 20 diverse experiences from cool urban wineries with tasting rooms to hilltop terraces and spectacular vineyard views! A must-visit is the new Forgotten Barrel Winery that recently opened in the historic Ferrara Winery property.

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