5051 Avenida Encinas, Carlsbad - Photo courtesy of Marcus & Millichap

5051 Avenida Encinas, Carlsbad - Photo courtesy of Marcus & Millichap

Investor Kathleen Lathrum of San Diego has acquired a Carlsbad office building for approximately $2.96 million, according to brokerage firm Marcus & Millichap.

The seller of the 8,585-square-foot property, at 5051 Avenida Encinas, was Arch Investments LLC of San Diego. The buyer and seller were represented by Marcus & Millichap’s Ben Tashakorian and Scott Hilmen.

Brokers said the building currently houses Grant General Contractors, which has been at the property since it was built in 1982 and has more than three years remaining on its lease.