Updated Feb 23, 2026
ASA Danial LLC Purchases Retail Property From Dan Forde For $5 Million In Escondido
2004 East Valley Parkway
$5,000,000
$216/SF
Building Size
23,087 SF
Asset Type
Retail
Closing
Feb 23, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 2004 East Valley Parkway in Escondido. The sale price for the property was $5,000,000. The asset covers a total area of 23,087 square feet, translating to a price per square foot of $217. This site includes a convenience store, an auto repair facility, 16 gas dispensers, and four 10,000-gallon tanks. The property, previously a vacant gas station, is set to undergo a six-month renovation before reopening.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Buyer: ASA Danial LLC
- Seller: Dan Forde - Hoffman & Forde
- Brokers: Kevan McDougal & Joe Wojdowski - Enduring Real Estate
- Square Feet: 23,087
- Price Per Square Foot: $217
This transaction was executed with the representation of Dan Forde from Hoffman & Forde in the sale, facilitated by brokers Kevan McDougal and Joe Wojdowski, who are associated with Enduring Real Estate. Their involvement was crucial in bringing together the buyer, ASA Danial LLC, and the seller, ensuring that the transaction was successfully completed.
Players
Escondido Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93