The approximately 9,440-square-foot strip retail center at 935 W. Mission Ave., Escondido 92025, has been sold for $2,647,500, cash.
The buyers were Evelyn Tabata and Jerry Tabata, co-trustees of the Tabata Family Trust, 6692 Lemon Leaf Drive, Carlsbad 92011. The acquisition was part of a 1031 exchange by the buyer.
The seller of the property (assessor's parcel 229-250-76) was R.J. Mission Plaza LLC, a California limited liability company, with Haitham Mikha as the manager.
Don Zech and Matt Orth, of CDC Commercial, represented the seller; and Steve Herrington and Gregg Herrington, of Real Estaters of California, represented the buyer.
The single-story was constructed in 1979 on a 35,284-square-foot lot. building is a single story strip center off of W. Mission Avenue at Rock Springs Road.
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