S ELM STREET · 19 Wright Place Suite 2 Carlsbad CA 92 9299 leeassociates.com FOR SALE 123 S EM STEET ESCNDD CA 9225 K a u a n a L o a D r Escondido e World Market e y e N Quince

S ELM STREETe s c o n d i d o , c a l i f o r n i a 9 2 0 2 5

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Marc [email protected]

D 760.448.2456DRE #010704451900 Wright Place, Suite 200 | Carlsbad, CA 92008 | 760.929.9700 | lee-associates.com

Marc [email protected] 760.448.2456DRE #01070445

1900 Wright Place, Suite 200 | Carlsbad, CA 92008 | 760.929.9700 | lee-associates.com

123 S . E L M S T R E E T | E S C O N D I D O , C A 9 2 0 2 5FOR SALE

table of contents3 Investment Highlights

4 The Offering

5 Aerials

7 Property Photos

9 Plat Map

10 Financials

11 Escondido Office/Medical Analytics

12 Tenant Information

13 Market Information

Marc [email protected] 760.448.2456DRE #01070445



All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

investment highlightsBuilt: 1985

Square Feet: 5,340 SF

Lot Size: 8,276 SF

Construction: Two story, wood and stucco

Parking:• 6 open covered parking• 2 open spaces• Street parking

Zoning: R2-12

APN: 230-252-09

This investment opportunity consists of a single and 2-story building operating as transitional housing for substance abuse graduates. The front building is approximately 2,739 square feet and the remainder is set up as dormitory style housing consisting of 8 bedrooms with 3 beds per room. The property is in good condition and is surrounded by other similar uses, medical buildings, offices buildings and residential. The former Palomar Hospital, just 3 blocks away, is still operating and offering various medical services, but there is currently a plan to try to convert that property to multifamily and commercial uses.



Address: 123 S Elm Street, Escondido, CA 92025

Sale Structure: Sale Leaseback

Price: $1,715,000

Rent: Years 1-5: $10,000 per month NNN Years 6-10: $10,900 per month NNN

Lease Term: 5 Years, plus one 5-year option to renew

CAP Rate: 7%

Tenant: Healthright 360

Lease Commencement: Upon Close of Escrow

SITE

the offering

ESTIMATED NEW TAXES AND INSURANCE: Taxes: $19,562 Insureance: $11,000

More and more people are making Escondido their “City of Choice.”

As the heart of San Diego North, it is one of the few remaining communities where people

of all income levels can enjoy the Southern California lifestyle

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Escondido is home to several parks, a sports center, golf courses, restaurants, wineries,

shopping centers, comprehensive healthcare and the nearby San Diego Zoo Safari Park.


123 S . E L M S T R E E T | E S C O N D I D O , C A 9 2 0 2 5FOR SALEproperty photos


123 S . E L M S T R E E T | E S C O N D I D O , C A 9 2 0 2 5FOR SALEproperty photos


123 S . E L M S T R E E T | E S C O N D I D O , C A 9 2 0 2 5FOR SALEplat map



escondido office/medical analytics

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

tenant informationMIssion Statement:HealthRIGHT 360 gives hope, builds health, and changes lives for people in need. We do this by providing compassionate, integrated care that includes primary medical, mental health, substance use disorder treatment and re-entry services.

HistoryTo address the thousands of adolescents and young adults that were streaming into San Francisco for the cultural revolution of the 1960’s, Haight Ashbury Free Clinics(HAFC) opened its doors in 1967 as the first free medical clinic in the country. During the first week of operation over 400 patients were seen. HAFC has been an innovator in delivering primary health care services to many of the people who can least afford them. “Health Care is a Right, Not a Privilege” has been the guiding principle as well as its famous tagline.

Walden House was founded in 1969 in the same Haight-Ashbury district of San Francisco to help homeless and runaway adolescents with substance use disorder problems. Today, Walden House treats people with mental health and substance use disorder problems at various residential and outpatient centers throughout California, including in-prison treatment programs, and facilities in San Francisco and Los Angeles, providing drug and alcohol treatment and mental health, vocational and housing services for people transitioning back into their communities. Like HAFC, Walden House has always served people who are uninsured, homeless and socio-economically disenfranchised, including those with HIV/AIDS.

Haight Ashbury Free Clinics and Walden House have both grown over the years, becoming national models for community healthcare, substance use disorder treatment and mental health services. The organizations merged on July 1, 2011 to best serve the most vulnerable members of our community. On July 1, 2012, Haight Ashbury Free Clinics – Walden House adopted a new name: HealthRIGHT 360.

A Growing Family of Programs Asian American Recovery Services (AARS) joined the family of HealthRIGHT 360 programs in 2013. Founded in 1985, AARS has grown to serve thousands of people throughout San Francisco, San Mateo, and Santa Clara counties.

In 2014, North County Serenity House of San Diego county and Women’s Recovery Association (WRA) of San Mateo joined HealthRIGHT 360, continuing its leadership as a provider of gender responsive services for women and women with children.

In 2015 Lyon-Martin Health Services became the third primary care clinic operated by HealthRIGHT 360, continuing its specialized care for women and transgender individuals.

Tenderloin Health Services (formerly Glide Health Services clinic) became the fourth primary care clinic in 2015, providing care in San Francisco’s Tenderloin neighborhood.

Prototypes joined in 2016 expanding behavioral health care for women and children and services to survivors of domestic violence in Los Angeles, Orange and Ventura Counties.

Strengthening services for women and girls in San Francisco, Women’s Community Clinic joined our family of programs in 2017. Women’s Community Clinic traces its roots to the Women’s Need Center, a program of Haight Ashbury Free Clinics that closed in 1999 and reopened four months later with its new name.



https://www.healthright360.org/agency/asian-american-recovery-services

https://www.healthright360.org/agency/north-county-serenity-house

https://www.healthright360.org/agency/womens-recovery-association

https://www.healthright360.org/agency/lyon-martin-health-services

https://www.healthright360.org/agency/tenderloin-health-services

https://www.healthright360.org/agency/prototypes

https://www.healthright360.org/agency/womens-community-clinic



market informationSettled in a long valley in the coastal mountains of Southern California, Escondido, which means “hidden” in Spanish, lies about 18 miles inland, 100 miles south of Los Angeles, and 30 miles northeast of San Diego. Surrounded by avocado and citrus groves, Escondido is a diverse, vibrant community with just the right mix of small town friendliness and big-city buzz.

More and more people are making Escondido their “City of Choice.” As the heart of San Diego North, it is one of the few remaining communities where people of all income levels can enjoy the Southern California lifestyle. We offer attractive homes in a wide range of prices, two lakes, several parks, a sports center, golf courses, restaurants, wineries, shopping centers, comprehensive healthcare and the nearby San Diego Zoo Safari Park. In addition, the California Center for the Arts, Escondido, brings world class entertainment to the area along with Queen Califia’s Magical Circle, a sculpture garden in Kit Carson Park donated by late internationally renowned artist Niki de Saint Phalle. In recent years Escondido was named by Money Magazine as the Best Place in the West in which to retire and, at the other end of the spectrum, was named a Kid-Friendly City for our broad range of youth programs. Ladies Home Journal also ranked Escondido number eight among the Top Ten Cities for Government.

Established in 1888, the city’s rich past brings charm and stability to the community. You can see it in the historic homes of Old Escondido or experience it in the thriving downtown area and the weekly blast to the past, “Cruisin’ Grand.” Yet integrated with Escondido’s treasured heritage is a progressive future, bright and brimming with promise. New jobs, new cultural amenities, new entertainment venues, new choices for residential living, and a new vision for Escondido’s future, make Escondido a city to watch.


MARC [email protected]

D 760.448.2456DRE #01070445

For more information, please contact:

Documents

S ELM STREET · 19 Wright Place Suite 2 Carlsbad CA 92 9299 leeassociates.com FOR SALE 123 S EM STEET ESCNDD CA 9225 K a u a n a L o a D r Escondido e World Market e y e N Quince