Web site on Busy Escondido Nook Close to Automotive Vendor Sells for $1.8M

A half-acre parcel in Escondido has been bought for $1.8 million, in line with actual property brokers.

Soli Deo Gloria Parking, LLC, a non-public investor from Escondido, purchased the property, adjoining to the Lexus of Escondido dealership on Auto Park Approach.

Ben Tashakorian, senior managing director, and Brad Peters, an funding affiliate, in Marcus & Millichap’s San Diego Del Mar workplace, procured the client, who owned two adjoining properties on the road previous to the transaction.

Don Zech of CDC Business, represented the vendor, a belief from San Diego.

The location, 1525 Tanglewood Lane, commercially zoned, intersects with Auto Park Approach, which sees excessive site visitors – 31,000 automobiles per day.

Marcus & Millichap (NYSE: MMI) is a business actual property brokerage agency specializing in funding gross sales, financing, analysis and advisory providers.