JUST SOLD | Encinitas Automotive Plaza | $13,825,000

Updated: Apr 16



SALE DETAILS


Address: 318-330 N. El Camino Real, Encinitas, CA 92024

APN: 257-030-54


Seller Representation: Pacific Coast Commercial

Broker Rep: Vince Provenzano, President of Brokerage & Robert Phillips, CEO

Buyer Representation: Pacific Coast Commercial

Broker Rep: Shirley Kanamu, Senior Broker Associate & Parker Schultz, Sales & Leasing Associate


Property Type: Automotive Plaza - “Camino Encinitas Auto Plaza”

Square Footage: Approx. 47,609 SF Retail Automotive Center on 121,968 SF Lot

Sale Price: $13,825,000

Close of Escrow Date: 4/15/2020

Seller Name: Encinitas Center Partners, a California Limited Partnership

Buyer Name: HP Investors, LLC

Escrow Company: Fidelity National Title Company, Samantha Maestas

Title Company: Fidelity National Title Company, Tim Noonan

Financing: California Bank and Trust

Pacific Coast Commercial announced today that HP Investors, LLC has acquired a 47,609 SF auto repair retail center in Encinitas, California. “Located on one of the highest demographic and dense retail streets in San Diego County, this property is well positioned to be a great investment for years to come,” stated Vince Provenzano, President of Brokerage. “It is one of the last remaining auto centers in the area, with a total of 17 tenants and very little vacancies over the past 5 years.”


Pacific Coast Commercial has been retained to continue with Property Management and Leasing services.


Contact Agents Today! (619) 469-3600


Vince Provenzano

President of Brokerage

Lic. 00780182


Robert Phillips

President/CEO

Lic. 00706262

Shirley Kanamu

Senior Broker Associate

Lic. 01268281

Parker Schultz

Sales & Leasing Associate

Lic. 02069155

10721 Treena St, Suite 200 | San Diego, CA 92131

www.PacificCoastCommercial.com

Lic. 01209930


If you are currently being represented, it is not our intention to solicit clients of other Brokers.

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(619) 469-3600  |  10721 Treena Street, Suite 200, San Diego, CA 92131  |  License # 01209930