1441 Montiel Road, Escondido

ESCONDIDO, CA

ESCONDIDO AT-A-GLANCE

Escondido’s educational options continue to expand. We are home to award winning charter schools, innovative public schools and institutes of higher education such as John Paul the Great Catholic University and Palomar College. MAJOR INDUSTRIES Escondido continues to be an attractive location for the Healthcare industry with the recent completion of the Palomar Medical Center – which touts itself as the 5th most technologically advanced hospital in the world. Other leading industries include Professional Services, Specialty Foods & Microbreweries and Precision Manufacturing. Historically, Escondido has lacked quality office product, however in the past 10 years the development of high quality office product has done extremely well. As a result of limited supply, these markets have shown decreasing vacancies even during years of increased supply and have never experienced dramatic decreases in rental rates like the surrounding markets. With no speculative office developments under construction, the area is projected to experience strong tenant demand and lower vacancy, particularly for top-tier, well- located assets.

EscondidoishometotwoofNorthCounty’stoptourismdestinations: The world-famous San Diego Zoo Safari Park and Stone Brewing Company, America’s ninth-largest craft brewery.

149,912 POPULATION

$54,268 MEDIAN HH INCOME

33 MEDIAN AGE

68,645 NUMBER OF EMPLOYEES

48,557 NUMBER OF HOUSING UNITS

77.3 O AVERAGE TEMPERATURE

MAJOR EMPLOYERS

OFFERING MEMORANDUM

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