Pacific Coast Commercial facilitates sale of Multitenant Retail Strip Center for $1.6 million
- Pacific Coast Commercial
- Apr 28
- 2 min read
ADDRESS
305-321 N Ash St, Escondido, CA 92027
REPRESENTATION
Seller Representation: BRT Real Estate
Seller Agents: Brandon Trevellyan
Buyer Representation: Pacific Coast Commercial
Seller Agents: Chase Pelton
SALE DETAILS
Property Type: Multitenant Retail Strip Center
Square Footage: Approx. 6,800 sq. ft.
Sale Price: $1,600,000
Close of Escrow Date: April 4, 2025
Seller Name: 305 N Ash Street, a California Limited Liability Company
Buyer Name: Undisclosed
Escrow Company: Fidelity
Title Company: Fidelity
Financing: Cash
One of the biggest challenges in this transaction was negotiating a seller credit to address the property's roof and other deferred maintenance needs. Through persistent discussions and strategic negotiation, we successfully secured a $40,000 seller credit for our client. This major win helped lower the final purchase price from $1,640,000 to $1,600,000 — ensuring our buyer received not only a great property but also additional value for future improvements.
ABOUT PACIFIC COAST COMMERCIAL
Pacific Coast Commercial is a full-service commercial real estate firm providing comprehensive services to investors, owners, and occupiers throughout the San Diego region. The firm's team of experienced professionals specializes in the sale, leasing, and management of retail, office, industrial, and multi-family properties. For more information, visit www.pacificcoastcommercial.com .
CONTACT INFORMATION
CHASE PELTON
(562) 822-5741
Lic. 01918260
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