Updated Sep 2, 2026
Adam Robinson Of RAF Pacifica Group Acquires Retail Properties In Encinitas For $8.3M
548 South Coast Highway, 568 South Coast Highway & 571 2nd Street
$8,300,000
$226/SF
Building Size
12,206 SF
Asset Type
Retail
Closing
Aug 26, 2026
About this deal
AI
The transaction involved the sale of two retail properties located at 548-568 South Coast Highway and 571 2nd Street in Encinitas, California. The total sale price for these properties was $8,300,000, encompassing a combined area of 12,206 square feet. The price per square foot for the transactions was calculated at $680.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,300,000
- Buyer: Adam Robinson - RAF Pacifica Group
- Buyer: Brett Farrow
- Seller: George Charles Gowland Separate Property Trust
- Brokers: Ross Sanchez & Nick Totah - Marcus & Millichap
In this transaction, Adam Robinson acquired the property located at 548-568 South Coast Highway 101 for a total of $4.7 million, while local architect Brett Farrow purchased the property at 571 2nd Street for $3.6 million. The deal was facilitated by brokers Ross Sanchez and Nick Totah from Marcus & Millichap.
Players
Jamestown 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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93