DCE Call Committee (last update 4/3)
The call committee is continuing its search for a new DCE who will be in charge of Learn Ministries. We flew out a potential candidate in late March but did not feel his gifts were in line with what the church needs at this time. We will resume our search after Easter. If you have questions, please reach out to Pastor Bob.
San Marcos Location Team (last update 4/3)
Sunday January 16, 2022, the voting members of Community Lutheran Church gave the ‘go ahead’ to continue the process of purchasing the space our San Marcos campus occupies at 340 Rancheros Dr, suite 160. Our landlords are waiting on City approval for the authorization to sell the spaces within the larger building. We do not have an exact date on that approval as it is already overdue. We are thankful to God for the many blessings He has brought to our Community Lutheran family in order to continue having two campuses, of our one church, to minister to our two communities of Escondido and San Marcos.
The San Marcos Location Team completed a search for new potential locations in the City of San Marcos focusing on the area southwest of Mission Road East of Rancho Santa Fe and west of Woodland Parkway. We also explored property on the far western reaches of Escondido bordering San Marcos and a building for purchase in San Elijo.
The Team found that the lease rates for the properties were in the range of $1.35 to $1.45 per square foot, which is approximately $0.60 more per square foot than our current expiring lease. Therefore, in addition to the buildout cost, an increase in the monthly cost would also come with any new leased location.
The Team also explored other temporary locations like Woodland Park Middle School, Palomar College, San Marcos Civic Center, and the 7th Day Adventist Church on Woodland Parkway, but found that these locations were either not available or not suited for our needs.
The new owner of the current San Marcos Location offered to sell the Church the current location for a 5% discount off of the advertised price of $1.34M. Working with our commercial broker we were able to negotiate a sale price of $1.1M with the Seller. After investigating the monthly mortgage cost the Team determined that the monthly cost would be on par with the monthly lease rates seen in the current market.
The Team is currently working with LCEF to establish a pre-approval in order to determine the financial details of pursuing the purchase of the current San Marcos location. Since the current location is not purpose build for a church, the property can be sold in the future as commercial office space when the permanent home for the San Marcos Campus is located, and God willing we may even have some equity.
The Team is confident that the purchase of the current location is the best option currently available that will allow us to continue to minister to and feed the Gospel to the people of San Marcos. We still have room to grow in this location and a lot of opportunity if we maintain our presence in the city.
Update: The site owner is still waiting for approval of the site project from the city to sell the units individually. Work is being completed that will bring the site closer to that approval. An appraisal was ordered by our lender and completed. This is a process that will take patience. Thank you all for your prayers.
If you have questions, please reach out to Pastor Matt.