Multi-Tenant Retail Auto Repair / Service Development

Multi-Tenant Retail Auto Repair / Service Development

A multi-tenant retail auto repair / service development appraisal was provided by West Valuation located in the City of Escondido. The development was built in 1990 and consists of five buildings totaling 34,656 square feet. The development was 100% occupied by auto repair / service related tenants. The property features 38 metal roll-up doors and office build-out ranging from 5% to 20%. The improvements are situated on three parcels totaling 2.54 acres. The commercial appraisal services were provided for loan underwriting purposes for a lender.