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31298329
31298330

169 Saxony Rd, Encinitas, CA 92024

BC
CA 01380901
Cushman & Wakefield - San Diego, California
PC
CA 01241186
Cushman & Wakefield - San Diego, California
Listed by Cushman & Wakefield - San Diego, California
Unpriced
70 days on market
Updated 56 days ago

169 Saxony Rd

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 40,270
Occupancy 69.4%
Tenancy Multi
Lease Type Gross
Broker Co-Op Yes
Class A
Year Built 2001
Buildings 1
Stories 2
Acreage 1.970
Zoning OP
Investment Type Value Add

Premier Coastal Encinitas Value-Add Office Investment Opportunity | 40,270 RSF

Marketing description

Cushman & Wakefield is proud to present 169 Saxony Road, a premier multi-tenant office property located in the highly desirable Encinitas Corporate Center. This exceptional asset offers investors the rare chance to acquire a high-quality building strategically positioned just off Interstate 5 at Encinitas Boulevard—providing unmatched connectivity and convenience. Situated in North Coastal San Diego County, Encinitas is one of the region’s most coveted boutique office submarkets. The property is minutes from vibrant downtown Encinitas, Cardiff-by-the-Sea, and Leucadia, and surrounded by affluent communities including Rancho Santa Fe, La Costa, Solana Beach, and Del Mar.

Spanning 40,270 RSF, the building boasts a modern Mediterranean design with an impressive central courtyard featuring a tranquil waterscape and stainless-steel sculptures—creating a distinctive and inviting environment. Currently 69.4% leased to a diverse mix of tenants, the property offers secure, stable cash flow with significant upside. Investors can capitalize on near-term rental rate growth by converting under-market leases to current market rates in a submarket experiencing strong demand and rising rents.

Investment highlights

POTENTIAL TO INCREASE MEDICAL

FOR SALE CONDO CONVERSION POTENTIAL

INCOMPARABLE COASTAL LOCATION

AMENITY RICH LOCATION

COMPELLING MARKET FUNDAMENTALS

DESIRABLE ATRIUM-STYLE LAYOUT

Listing Contacts

BC
CA 01380901
Cushman & Wakefield - San Diego, California
PC
CA 01241186
Cushman & Wakefield - San Diego, California
Listed by Cushman & Wakefield - San Diego, California

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