Property History
The subject property is currently designed as a multi-tenant office building. However, it can easily be utilized/ converted to a single tenant office building as it is being demonstrated with the conceptual renderings in this Offering Memorandum.
The current occupancy of the property is about 9.62% or 3,892 square feet, which as a value-add potential with 90.38% of the project being vacant, it will provide the opportunity for a stud investor to either lease up the building to multiple tenants and dramatically increase the cash flow or acquire the property for an owner/ user purpose.
Located in the Palomar Airport Center/ Business District, and with a close proximity to McClellan-Palomar Airport, it provides excellent local access with connection to I-5, I-15 and Hwy-78.
The Palomar Airport area is the City’s main industrial and office business district and is the center of employment for the general north-coastal area of San Diego County. Commercial/ Industrial/ Bio Tech-Use developments within the Palomar Airport area are generally focused around the McClellan-Palomar Airport and along two major thoroughfares, Palomar Airport Road and El Camino Real. Palomar Airport Road extends eastward from Interstate 5 to Palomar Airport, and ultimately connects with the 78 freeway.
El Camino Real traverses in a north/ south direction and connects the area with Oceanside to the north and La Costa, Encinitas, and Rancho Santa Fe to the south. The primary land uses in Palomar Airport area are master planned business parks. These parks feature “clean” industrial (i.e., light assembly, warehousing, etc.), research and development facilities, and low-rise office buildings. The area serves as major employment base for the entire north San Diego county region.
Some of the business parks located in the Palomar Airport area are Carlsbad Research Center, Palomar Airport Business Park, Palomar Oaks Technology Park, Palomar Technology Center, Carlsbad Airport Center, Carlsbad Oaks Business Center.
* ONLY $180/ SF. Class A Business Park Environment. One of the lowest Price / SF Buildings in sub-market
* Professional 40,445 SF Two Story Owner-User/ Multi-Tenant Office Building
* Located within prestigious Carlsbad Airport Center with close proximity to McClellan-Palomar Airport
* Elevator Served, with common area kitchen & secured 24/7 building access
* Outdoor Patio areas with canyon views
* Monument & building signage available
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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